FOR IMMEDIATE RELEASE

Sept. 24, 2024

CONTACT
Carter Dougherty
carter@ourfinancialsecurity.org

Voting Record Highlights Lawmakers’ Stances on Financial Reform in 118th Congress

Americans for Financial Reform released a report providing a snapshot of how every member of Congress voted on consumer and housing protections, corporate governance, climate financial regulation, capital markets and investor protections, financial technology and cryptocurrencies, systemic risk and financial stability, and other financial industry-related measures during the first session of the 118th Congress.

“Through the votes in this report, we have a record of when lawmakers chose to erode common-sense regulation or stand up for the public interest,” said Oscar Valdés Viera, research manager at Americans for Financial Reform. “These votes are very revealing. They show that the majority in this Congress sought to empower financial industry lobbyists and corporate interests while leaving everyday people more vulnerable to fraud and abuses by big banks, predatory lenders, and crypto scammers, and exposing investors, particularly retail investors, to increased private markets and climate financial risks.”

The report, entitled “How Members of the 118th Congress Voted on Taming Wall Street and Protecting the Public Interest,” lays out how lawmakers voted on legislation and confirmations of President Biden’s nominees to positions central to financial regulation and Wall Street accountability. The report is supplemented by appendices tabulating the votes on the House and Senate floors and in several committees.

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