Begich Statement on Wall Street Reform Vote
U.S. Sen. Mark Begich today released the following statement after the vote to allow the financial reform bill to move to the Senate floor for debate and amendment failed:
"It's absolutely outrageous that almost half of my colleagues have blocked the opportunity for us to have debate and ultimately vote on the Wall Street reform legislation. They continue to protect their rich friends on Wall Street and in the banking world rather than protect the hardworking taxpayers who pay bills and try to save money every day.
"Those blocking debate of this bill should be ashamed of themselves for the missed opportunity to hold Wall Street accountable. We should, at a minimum, have the chance to discuss ways to make sure the reckless and risky investments that cost Americans billions of dollars and millions of jobs doesn't happen again.
"I came to Washington to discuss issues and legislation out in the open, not to hide behind closed doors and work secret deals behind the public's back. I'm disappointed and I know Alaskans are disappointed we don't get to move forward on banking and financial reform.
"I will continue to work on legislation that provides jobs for Alaskans and other Americans. And I hope those who are still on the side of mega-banks gambling at the expense of consumers will recognize the disservice they are doing to our country."