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Congressman John Larson

Representing the 1st District of Connecticut

Larson Votes Against Bill to Deregulate Wall Street

June 8, 2017
Press Release

Washington, D.C. – Today, Rep. John B. Larson (CT-01) released the following statement after the House passed the CHOICE Act, a bill that would repeal important Dodd-Frank regulations put in place after the 2008 financial crisis. Larson voted No on the bill:

 

“This vote represents a step backwards in time. 2008 is still fresh in people’s memories of what happened in a deregulated environment. Unfortunately during that time, people saw their 401ks turn into to 101ks, and my Republican colleagues apparently didn’t learn the lesson. I am proud to have voted to stand with consumers. This is yet another example of Republicans putting the interests of corporations before the American people. This disastrous bill would leave millions of hard working Americans vulnerable to marketplace abuse by rolling back important consumer protections that have helped homeowners, seniors, service members, and people save for their retirement,” said Larson. “This Dodd-Frank repeal bill is a distraction from the fact that the Republicans have been unable to pass a single jobs bill despite holding the reins of government in both chambers and the White House.”

 

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