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“More than a year after the financial crisis devastated the economy and triggered massive taxpayer bailouts, the House narrowly approved the most sweeping overhaul of financial regulations since the Great Depression in hopes of preventing a similar catastrophe.”

“The Wall Street Reform and Consumer Protection Act will restore tough enforcement and strong oversight to Wall Street and the big banks – after a decade of Washington looking the other way – and inject transparency and accountability into a financial system. This legislation will finally protect Main Street from the worst of Wall Street.”

“Good afternoon. It’s a pretty exciting week for us. 44 years ago this week, Medicare was signed into law by President Lyndon Johnson. Here we are this week in committee about to move closer to health care reform than we have ever been in history — when we have our third committee report out the bill…”

“Today, we have an opportunity to protect public health and prevent disease. And today, we have an opportunity to honor our responsibility to our children to protect them from the harm that can come to them from the use of tobacco.”

Today, the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, held the first in a series of hearings to examine how to improve the ability of the government to prevent private sector activities from putting at risk the… Continue

This morning, President Obama signed two Presidential Memoranda focusing on energy independence and climate change: Obama Opens Way for States to Tighten Emissions Rules Kim Chipman and Edwin Chen, Bloomberg – January 26, 2009: President Barack Obama opened the way for California… Continue

“Nancy Pelosi, whose steel-and-satin political style was shaped by a childhood in the Democratic clubhouses of Baltimore and the chardonnay fundraising circuit in 1980s San Francisco, is living the paradox of a politician whose dreams are about to come true.”

“The first female speaker of the House is at the apex of her power, with a newly expanded 257-178 Democratic majority, a seemingly firm grip on her caucus and a broad national consensus for bold — even unprecedented — congressional action.”

“President-elect Barack Obama and leaders in Congress are fashioning a plan to pour billions of dollars into a jobs program to jolt the economy and lay the groundwork for a more energy-efficient one.”

America’s families and businesses are facing an economic crisis, and the New Direction Congress is fighting for real solutions to rebuild our economy, create good-paying jobs here at home and making us more competitive in the 21st century global economy, and promote… Continue