Senate Democrats

Reid Statement On Banking Committee Deal On Housing Bill

Washington, DCSenate Majority Leader Harry Reid made the following statement today after the Senate Banking Committee reported out The Federal Housing Finance Regulatory Reform Act of 2008 by a 19-2 vote:    

“I’m encouraged that the Banking Committee today reported a strong, bipartisan bill to help American families suffering from a deteriorating economy and a housing market in crisis.  I look forward to the full Senate continuing its work on housing legislation, and I hope Republicans’ cooperation signals a change from their hands-off, wait-and-see approach to the economy.”