WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH), chairman of the Senate Banking Subcommittee on Economic Policy, issued the following statement upon the Senate passage of Wall Street reform:
"Today, we put Main Street first. This bill will ensure that American taxpayers will never again have to pay for the kind of risky Wall Street practices that put our economy on the verge of collapse and led to the loss of eight million jobs and six million homes. Wall Street banks took too many risks with Ohio jobs, pensions, and neighborhoods with their heads-you-lose, tails-I-win schemes.
"We must continue to support Main Street job creation by giving consumers, investors, and small businesses certainty that they are getting the fair credit and investment products that they need to help the economy grow. We must build on Ohio's manufacturing heritage and help small and mid-sized manufacturers retool for the clean energy economy. And we must end tax breaks that encourage companies to ship jobs overseas while standing up for American workers and businesses by enforcing trade laws."