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Pelosi Statement on Senate Passage of Economic Rescue Plan

October 1, 2008

Contact:Brendan Daly/Nadeam Elshami, 202-226-7616

Washington, D.C. – Speaker Nancy Pelosi issued the following statement after the Senate approved the economic rescue plan. The House is expected to take action on the legislation later this week:

"Times of crisis demand decisive bipartisan action and I welcome Senate passage of the economic rescue plan, which includes robust safeguards to ensure that taxpayers are protected through oversight and accountability.

"The House will act in a bipartisan way to restore market confidence as well as Main Street’s confidence in our economic future."