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Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. - Speaker Nancy Pelosi released the following statement today after the House passed the Credit Cardholders' Bill of Rights legislation by a vote of 312 to 112:
"With the economic security of the American families in jeopardy, Democrats have been clear that we must insulate Main Street from the crisis on Wall Street. Central to our efforts is ending unfair lending practices by the credit card industry.
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. - Speaker Nancy Pelosi, House Democratic leadership, and Chairman Barney Frank of the House Financial Services Committee discussed the continuing negotiations with the Administration on legislation to address the financial markets crisis. Below are the Speaker's remarks:
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. -- Speaker Nancy Pelosi issued the following statement today as Congress and the White House work to craft legislation to address the crisis in our financial markets:
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. -- Speaker Nancy Pelosi issued the following statement today on a sweeping legislative proposal by the Bush Administration to confront the historic financial crisis:
"Congress is reviewing the Bush Administration's proposal to address the extraordinary crisis in our financial markets. It's clear that the Administration has requested that Congress authorize, in very short order, sweeping and unprecedented powers for the Treasury Secretary to confront a financial crisis of historic proportions.
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. -- Speaker Nancy Pelosi issued the following statement today on comments by Senator John McCain advocating deregulation of the health insurance market. In the September/October issue of Contingencies, the magazine of the American Academy of Actuaries, McCain wrote: "Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation."
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. - Speaker Nancy Pelosi and bipartisan House and Senate leaders met with Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke tonight. Below are the Speaker's brief remarks at a press availability following their meeting:
"Good evening. We just had what I believe was a very productive meeting where we heard from the Administration and from the chairman of the Fed, an initiative to help resolve the financial crisis in our country.
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. - Speaker Nancy Pelosi released the following statement on House passage of the Commodity Markets Transparency and Accountability Act, legislation that takes crucial, common-sense steps to curb excessive speculation in the energy futures markets. The bill passed the House overwhelmingly by a vote of 283 to 133, and now goes to the Senate.
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. - Speaker Nancy Pelosi released the following statement today on the bipartisan Americans with Disabilities (ADA) Amendments Act, S. 3406, which passed unanimously and now proceeds to the President Bush for his signature into law:
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. - Speaker Nancy Pelosi spoke on the House floor this evening in support of the Comprehensive American Energy Security and Consumer Protection Act. Below are her remarks, as prepared for delivery: