FOR IMMEDIATE RELEASE:
July 13, 2010

Washington, DC – Americans for Financial Reform released the following statement on Senate Majority Leader Harry Reid filling for cloture on Financial Reform legislation today:

Heather Booth, Director, Americans for Financial Reform: “Despite all the millions spent and armies of lobbyists deployed to kill this reform, today, financial reform legislation, to clean up Wall Street, protect consumers and rein in the Big Banks is on the path for a decisive vote in the Senate. Passage of this legislation will be a major victory for Main Street.

“While this fight is not over, we applaud today’s action by Leader Reid and look forward to working to ensure this bill passes the Senate this week.

“All Senators now face a simple choice and an up-or-down vote. Will they stand-up for and with the Big Banks or will represent the needs of their constituents and vote to protect Main Street.

“We, like tens-of-millions of Americans, will be watching this vote closely.”