The health of our economy depends on stable, fair, and efficient financial markets, and I will continue fighting for the changes needed to prevent another financial crisis from affecting small businesses and working families on Main Street. We must lay the groundwork for a financial system that looks after our workers, invests in our small businesses, and strengthens our middle class. And we must ensure that Ohio’s financial institutions can continue to provide affordable credit and insurance to small businesses.
Stable, affordable housing is critical to ensuring strong neighborhoods, schools, and communities. But the sub-prime lending crisis hit Ohio particularly hard. Foreclosures affect the property values of surrounding homes and lead to vacant lots vulnerable to crime. Unemployment and reduced tax revenues deplete the very state and local resources needed to address vital social services. As the Chairman of the Senate Banking Subcommittee on Financial Institutions and Consumer Protection, I’m working to rebuild our neighborhoods and ensure every Ohioan has a place that he or she can call home.