July 1, 2010
Advocates Present Senator Brown with a BMW
Senator Brown Should Vote for Wall Street Reform Without Delay
Boston, MA— Advocates for financial reform presented Senator Scott Brown with a gift of his very own luxury BMW to urge the Senator to vote for final passage of the Wall Street Reform and Consumer Protection Act.
“If Senator Brown can’t decide whether he’s for us or for Wall Street, he should trade in his pickup truck for a car like the Wall Street bankers drive,” said Lizzi Weyant, staff attorney at MASSPIRG. “A car like this is more befitting a man with close ties to Wall Street.”
Last month, Senator Brown helped move the financial reform bill forward when he voted for cloture and final passage of the Senate version of the bill. Last night, the conference report overwhelmingly passed in the House, and only Senate passage remains before the bill goes to the President’s desk.
Senator Brown has said that he is not yet committed to voting for the Wall Street reform legislation and has stated that he will review the bill over the July 4th recess next week. The Senator’s statement came just one day after the conference committee made changes to the bill’s budgetary provisions in order to make it easier for the Senator to support the bill.
“This bill is important and it is strong. It ensures that someone is looking out for consumers, which is critical to creating confidence in the financial markets to help economic recovery,” said Weyant. “But if fitting in on Wall Street is more important to Senator Brown, then he should get a new ride. At the end of the day, the Senator is either with Main Street consumers, or he’s with Wall Street,” concluded Weyant.
According to a study by Pew Trusts, Massachusetts voters overwhelmingly support Wall Street reform.
