06.30.10 | Scott Supports Wall Street Reform

WASHINGTON, DC – Today, the House of Representatives passed the conference report to H.R. 4173, the Dodd-Frank Wall Street Reform and Consumer Protection Act, by a vote of 237 to 192 (Roll Call No. 413). The measure must still be passed by the Senate before it goes to the President's desk. Voting in favor of the conference report, Congressman Robert C. "Bobby" Scott (D-VA-03) issued the following statement:

"Today, the House has taken a giant step forward in closing the loopholes and regulating the reckless behavior that brought about the financial crisis of 2008. The Dodd-Frank Wall Street Reform and Consumer Protection Act brings common sense regulation to every step in the chain of events that brought down our financial system to ensure that the abuses of the past will not be repeated. I voted in favor of this bill to bring accountability to Wall Street – accountability that was absent previously and led to the economic collapse that cost our nation millions of jobs and trillions of investment dollars."

For more information about the Dodd-Frank Wall Street Reform and Consumer Protection Act, please click here.

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