FOR IMMEDIATE RELEASE:
ICAN and AFR on Cloture Being Filed In the Senate
Iowa July 13, 2010 -- Iowa Citizen Action Network (ICAN) in partnership with the national Americans for Financial Reform (AFR) coalition released the following statement on Senate Majority Leader Harry Reid filling for cloture on Financial Reform legislation today:
Betty Ahrens, Executive Director, Iowa Citizen Action Network: "Senator Grassley has still not determined how he will vote on the historic Wall Street reform legislation aimed at reining in Wall Street’s reckless behavior.
"Overwhelming majorities in Iowa and throughout the country support a return to a financial system that will hold financial players accountable for their actions and rebuild a foundation for a more stable and secure economy.
"This bill should go to a vote, and Senator Grassley should not stand in the way of that vote. We are here to say that we are holding Senator Grassley accountable: a vote against the Wall Street Reform and Consumer Protection Act is a vote against Main Street."
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."
Contact:
Amy Logsdon
319-321-7056 mobile
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Amy Logsdon
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ALogsdon@IowaCAN.org
About ICAN
Iowa Citizen Action Network (ICAN) is a grassroots public interest organization and progressive political coalition committed to creating social change in Iowa and across the nation. ICAN has united Iowa's progressives for over 30 years and is leading efforts to change the public climate for progressive change. ICAN has nearly 40 organizational affiliates from a wide range of constituencies, including religious, community, labor, senior, family farm and environmental organizations, and over 6,000 individual members.