2009.12.11
Perriello explains vote against financial regulation bill
The U.S. House of Representatives today passed a bill imposing more financial oversight of big banks.
Rep. Tom Perriello, D-Albemarle, broke with most Democrats and opposed the bill. He issues this statement on why he voted against H.R.4173 :
“This bill doesn’t do enough to protect community banks that provide crucial credit to our small businesses, while still allowing loopholes for the biggest players that are large enough to drive the next economic meltdown through. While this started as a genuine effort, once again, both parties allowed the Wall Street-Washington alliance to keep Main Street at risk and out of the game. It’s time for common-sense accountability and a refocus on our Virginia businesses.”
What do you think — of the bill, or his vote? You can leave a comment below or send a letter to the editor of the Blue Ridge Business Journal at news@bizjournal.com.