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Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. – Speaker Nancy Pelosi, Senate Majority Leader Harry Reid, and House and Senate Democratic leaders held a news conference this afternoon in the Capitol to discuss aid to the domestic auto industry. Below are the Speaker’s opening remarks:
"Thank you very much, Mr. Leader. I wish to associate myself with your remarks because I think that you have clearly laid out what the challenge is to our economy, to the auto industry and to Congress as we go forth.
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. – Speaker Nancy Pelosi issued the following statement this afternoon following a meeting late this afternoon that House Democratic leaders held with Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke:
"House Democratic leaders today made it clear to Secretary Paulson and Fed Chairman Bernanke that they must take immediate action and do everything they can to help hardworking Americans stay in their homes.
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. -- As Congress prepares to address the economic crisis facing the domestic automobile industry, Speaker Nancy Pelosi released the following statement today concerning legislation under development by House Democrats:
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. — Speaker Nancy Pelosi issued the following statement today on deteriorating economic news, including a steep rise in foreclosures and increased number of Americans filing for jobless claims:
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. – Speaker Nancy Pelosi issued the following statement this morning after the Department of Labor released its employment report for October showing a loss of another 240,000 American jobs, bringing the total number of jobs lost this year to 1.2 million, and a 14-year high jobless rate of 6.5 percent:
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. – Speaker Nancy Pelosi released the following statement regarding the passage of California Proposition 8:
"I am deeply disappointed by the passage of Proposition 8. This ballot measure takes away individual rights and freedoms, and is rooted in the politics of division.
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. — Speaker Nancy Pelosi today issued the following statement on third quarter Gross Domestic Product (GDP) numbers, which shrank at a 0.3 percent annual rate in the July-September, marking the worst showing since the 2001 recession, and weekly applications for unemployment benefits, which remained at 478,000, near an all time high.
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. — Speaker Nancy Pelosi issued the following statement today on a new report released today that shows that U.S. consumer confidence index has plunged to an all-time low. The U.S. Conference Board said its index measuring consumer confidence dropped to 38 in October from 61.4 in September. That was the lowest reading since the index began in 1967.
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. — Speaker Nancy Pelosi issued the following statement today after House Democratic leaders held a conference call with economic experts, many of whom met with the congressional leaders on October 13. The House passed an economic recovery and job creation package in September, but it was blocked by Republicans in the Senate and opposed by the President.