Media

Contact: Drew Hammill, 202-226-7616

San Francisco – House Democratic Leader Nancy Pelosi released the following statement on the important consumer protections in the Affordable Care Act requiring insurers to spend a minimum of 80 percent of premiums on medical care and improving the quality of care, with insurers in the large group market held to an even higher standard. If they fail to meet these requirements, insurance companies must give a rebate back to consumers.

Contact: Drew Hammill, 202-226-7616

Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement today on the U.S. Senate's confirmation of Congressman Mel Watt as the Director of the Federal Housing Finance Agency (FHFA):

"For the last 20 years, Congressman Mel Watt has served as an exceptional champion of America's economic security. In confirming him as the head of the Federal Housing Finance Agency, the Senate has taken a significant step forward in our work to safeguard the health, well-being, and prosperity of the American people.

Contact: Drew Hammill, 202-226-7616

Washington, D.C. – House Democratic Leader Nancy Pelosi released the following statement today after the Department of Labor announced that the economy added 203,000 jobs and the unemployment rate dropped to 7 percent in November, the lowest unemployment rate in five years. With businesses adding 196,000 jobs, this marks the 45th consecutive month of private sector job growth.