Washington, D.C. – Representative Heath Shuler released the following statement today
on his vote against the Senate version of the Wall Street bailout plan which passed the
House of Representatives by a vote of 263 to 171.
“Today I once again voted against a plan to bail out Wall Street because it still does not
address the root problems or make the fundamental reforms to the system needed to
prevent this situation from arising again. There is still a crisis of confidence and lack of
trust between banks causing this credit crunch. That said, now that my colleagues have
passed this legislation and it has been signed into law I sincerely hope that it works and
will do everything in my power to ensure that it does.”
“I will continue pressing for greater oversight, accountability and transparency, and I will
demand vigorous enforcement of existing laws through the Securities and Exchange
Commission so we don’t find ourselves in this situation again.”
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Download: Rep. Shuler Statement on Senate Version of Wall Street Bailout Plan
