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Pocan Statement on Latest GOP Gift to the Biggest Wall Street Banks

January 14, 2015

WASHINGTON, D.C. — U.S. Rep. Mark Pocan (WI-02), 1st Vice-Chair of the Congressional Progressive Caucus, today issued the following statement after the House passed H.R. 37, a package of legislation that makes nearly a dozen complex legal changes to the Dodd-Frank Wall Street Reform Act:

"Yet again House Republicans have made giveaways to Wall Street a top priority," said Rep. Mark Pocan. "After all the promises of open government, the fact House Republicans rushed this legislation through without debate or mark up in Committee signals a poor start to 2015. Americans deserve to have an open debate on any complex legal changes to the laws governing our financial institutions. The GOP has consistently made the rollback of consumer protections a priority, putting the middle class and our economy at risk."