The U.S. Senate made history on May 20. We passed a powerful bill that finally holds Wall Street accountable. It finally cleans up the schemes and abuses that nearly brought our entire economy to its knees.
Most importantly, the Wall Street reform bill once and for all ends taxpayer-funded bailouts of Wall Street banks and investment firms. It finally gets rid of the notion that one private company can somehow be “too big to fail.”
read moreThe U.S. Senate has passed a sweeping financial overhaul bill on a 59-39 vote. The legislation, which is aimed at preventing another financial situation like the one that has rocked the confidence of investors over the last year, must now be merged with a House version.
A key House negotiator predicts the bill will reach President Obama’s desk by the the first week of July.
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Jon Tester speaks to supporters as they await election returns in Great Falls, MT, November 7, 2006.
Jon Tester speaks to supporters as they await election returns in Great Falls, MT, November 7, 2006.