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Press Release
July 8, 2009
“The agreement reached by the G-8 today demonstrates that President Obama and the international community are committed to addressing climate change, and doing so with great urgency. This underscores the importance of the American Clean Energy and Security legislation passed by the House last month because the United States will be negotiating in Copenhagen with the weight of strong congressional action."
Press Release
July 8, 2009
“Small businesses are the backbone of the American economy, creating 60 to 80 percent of all new jobs each year, and the House today overwhelmingly passed another critical piece of legislation to foster the development of new economic opportunities in America and help small businesses create jobs."
Blog Post
July 8, 2009
Today, House Financial Services Committee Chairman Barney Frank formally introduced a bill to implement President Obama's plan to strengthen consumer protections as a part of broader financial regulatory restructuring. The bill would establish a new independent agency, the Consumer Financial Protection Agency, which would have a range of rulemaking, information-gathering, supervisory, and enforcement tools to better protect consumers who purchase financial products from banks and non-bank financial institutions.
Chairman Barney Frank (D-MA):
Blog Post
July 8, 2009
Small business is the engine for the American economy, creating 60 to 80 percent of new jobs, and is key to innovation and new technology, which are critical to creating new jobs and getting the American economy back on track. This afternoon, the House passed the Small Business Research and Innovation Act (HR 2965) by a vote of 386-41. The bill modernizes and reauthorizes the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs -- the government's largest small business research and development programs. Since 1992, SBIR has provided 65,000 grants to small companies engaged in cutting edge research to cure diseases, strengthen our national defense and reduce our dependence on foreign oil.
Blog Post
July 8, 2009
Thank you, Ray. Like so many of you, Ray has come here today because he's a leader on his campus -- UCLA.I would also like to acknowledge David Halperin. By organizing America's young people, you have created a progressive force for positive change that is simply unstoppable.
Press Release
July 7, 2009
“Recent reports about the deaths and violence in Xinjiang Province of China are deeply disturbing. The acts of violence and attempts to further exacerbate ethnic tensions on all sides must be rejected. The Chinese government should take the necessary steps to ensure that the right to peaceful expression is protected and to allow journalists, observers, and organizations to report on developments without restrictions."
Blog Post
July 7, 2009
On February 13th, Congress passed the final American Recovery and Reinvestment Act to save and create millions of jobs, get our economy moving again, and transform it for long-term growth and stability by investing in America's infrastructure. Despite difficult unemployment news last month, the Recovery Act is beginning to work--according to Mark Zandi of Moody's Economy.com, without the stimulus, the economy would have lost about 500,000 more jobs in the last three months:
Blog Post
July 7, 2009
Speaker Pelosi issued the following statement today on the violence in Xinjiang Province of China:
Blog Post
July 6, 2009
Today, Speaker Pelosi visited the Mission Neighborhood Health Center in San Francisco to highlight critical investments in community health clinics made by the American Recovery and Reinvestment Act. John Gressman, President and CEO of the San Francisco Community Clinic Consortium, and Brenda Storey, Executive Director of the Mission Neighborhood Health Center (MNHC), welcome Speaker Pelosi to MNHC:
Press Release
July 2, 2009
“Today's unemployment numbers are another reminder of the years of failure to invest in making Americans the most highly educated and innovative workforce in the world--and years of delay on affordable health care and the clean energy jobs and industries that will sustain our economy for years to come. In full partnership with President Obama, Congress must continue to strengthen and transform America's economic foundation and improve our competitiveness, and we must do so in a fiscally responsible way."