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Blog Post
October 15, 2009

Washington, D.C. - Speaker Nancy Pelosi announced today that House Democrats will host an economic forum in the Capitol on Wednesday morning, October 21.  The forum, which will convene national experts on economic and financial issues, will address the state of America's economy, focusing specifically on the creation of jobs.

"Our top economic priority as a nation is to get Americans back to work," Pelosi said.  "Our recovery efforts have brought our economy back from the brink and we are beginning to see signs that the economy is turning around. But we must take further action on behalf of millions of Americans who are out of work or at risk of losing their jobs, their savings, and their homes."

Press Release
October 15, 2009
“Today's House Financial Services Committee vote to reform regulation of the over-the-counter derivatives market is a critical step forward in Congress' efforts to pass comprehensive financial regulatory reform. The House Agriculture Committee will now have the opportunity to add its input and expertise to this legislation..."
Blog Post
October 15, 2009
“Today's House Financial Services Committee vote to reform regulation of the over-the-counter derivatives market is a critical step forward in Congress' efforts to pass comprehensive financial regulatory reform. The House Agriculture Committee will now have the opportunity to add its input and expertise to this legislation..."
Blog Post
October 15, 2009
By a vote of 43 to 26, the Financial Services Committee passed legislation today to regulate the over-the-counter (or OTC) derivatives marketplace for the first time. This legislation is a critical part of broader financial regulatory restructuring Congress and President Obama are working on in response to last year's financial crisis.

As Lynn Stout, UCLA professor of corporate and securities law explains:

Articles
October 15, 2009
"House Speaker Nancy Pelosi said Thursday that the case is growing stronger for allowing the government to sell health insurance in competition with private companies, contending recent attacks from the industry should dispel any doubts."
Press Release
October 14, 2009
“Again, with this message we are ensuring that the VA can more effectively plan for the future and our veterans will have the sources of care and support they have earned. I am proud to stand by the side of so many of our colleagues and so many veterans who are with us, America's veterans groups and veterans organizations..."
Blog Post
October 14, 2009
“Again, with this message we are ensuring that the VA can more effectively plan for the future and our veterans will have the sources of care and support they have earned. I am proud to stand by the side of so many of our colleagues and so many veterans who are with us, America's veterans groups and veterans organizations..."
Press Release
October 14, 2009
“The Economic Recovery Payment in the Recovery Act added $250 to the bank accounts of some of the most vulnerable Americans. It proved an effective way to offer stability and security to millions of Americans and a boost to our economy..."
Blog Post
October 14, 2009
“The Economic Recovery Payment in the Recovery Act added $250 to the bank accounts of some of the most vulnerable Americans. It proved an effective way to offer stability and security to millions of Americans and a boost to our economy..."
Blog Post
October 14, 2009
In an effort to derail reform, the health insurance industry released a report that was quickly discredited by experts as both incomplete and deeply flawed. The reviews are in:

John Rother, AARP Executive Vice President of Policy and Strategy:

The report is "fundamentally dishonest" and "not worth the paper it's written on."

Len Nichols, health economist at the New America Foundation: