Pelosi Statement on Senate Republicans Finally Allowing Debate on Wall Street Reform

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Apr 28, 2010, 06:55 ET

WASHINGTON, April 28 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi released the following statement after Senate Republicans announced they would drop their objections and finally allow debate on Wall Street reform:

"For three straight days, Senate Republicans sided with Wall Street over Main Street. Republican leaders chose obstruction and delay over progress for the middle class. They threatened to take us back to the failed Bush policies that cost us 8 million jobs, resulted in record foreclosures, and led to the most severe economic downturn since the Great Depression.

"This afternoon, Republicans announced they will finally allow the Senate to move forward with an open debate over how to protect taxpayers from the recklessness of Wall Street. Now Republicans face the real test: will they continue to stand with Big Banks and special interests and push for a weaker bill – or will they join Democrats to pass strong legislation that defends Main Street and the middle class. Democrats are on the side of Main Street – it is time for Republicans to join us."

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