Press Releases

"The DISCLOSE Act is essential to ensuring that the American people - and our democracy - are not overwhelmed by special interest money and influence in our elections. In its decision in the Citizens United case, the Supreme Court opened the floodgates to unrestricted special interest campaign donations. Congress must act to ensure that the bank accounts of Wall Street and insurance companies will not drown out the voices of America's voters."

"Boosting America's competitiveness is essential to our economic recovery today and our economic strength for generations to come. With progress on the reauthorization of the COMPETES Act, Congress is moving forward to create prosperity, expand markets for American products, reassert our leadership throughout the world in the decades to come, and give future generations greater opportunity to achieve the American Dream."

"The nomination of Dr. Janet Yellen for Vice Chair of the Federal Reserve brings pride to San Franciscans. We know well her deep experience and expertise and have great confidence in her abilities to bring smart, sound economic policy to the Fed."

"Today, America's largest insurers acted even sooner than the health insurance reform bill we passed required to end the shameful practice of dropping people's coverage when they get sick."

"This afternoon, Republicans announced they will finally allow the Senate to move forward with an open debate over how to protect taxpayers from the recklessness of Wall Street. Now Republicans face the real test: will they continue to stand with Big Banks and special interests and push for a weaker bill - or will they join Democrats to pass strong legislation that defends Main Street and the middle class."

"Today, the House took two critical steps forward to save U.S. taxpayers tens of billions of dollars and to crack down on waste, fraud, and abuse in government spending. Democrats are building on our commitment to restore fiscal responsibility and accountability after years of mismanagement by the Bush Administration."

Speaker Nancy Pelosi sent the following letter today to committee chairs requesting that each of the committees continue to conduct “oversight of all aspects of federal spending and government operations to help achieve deficit reduction and long-term fiscal responsibility.”

"For the third straight day, Senate Republicans sided with Wall Street over Main Street. Republican leaders chose obstruction and delay over progress for the middle class, threatening to take our country back to the failed Bush policies that cost us 8 million jobs and decimated the retirements, college savings, and homes of America's families."