Pelosi statement on Paulson proposal to overhaul regulation of the financial markets
Speaker Nancy Pelosi issued the following statement today after Treasury Secretary Henry Paulson announced a proposal by the Bush Administration to overhaul regulation of the financial markets: ``Congressional Democrats will continue to work to provide additional assistance to millions of families at risk of losing their homes, bring much-needed relief to consumers feeling the impact of the economic downturn, and ensure meaningful regulation of the financial system.
By News 13 On Thursday, President Obama took his push for financial reform to Wall Street, telling traders that the government must put some limits on their behavior, adding that the goal of reform is to protect ordinary Americans from reckless, deceptive trading.