A picture of Representative Keith Ellison
Keith E.
Democrat MN 5

About Rep. Keith
  • Don’t Deregulate Wall Street Again

    by Representative Keith Ellison

    Posted on 2015-01-14

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    ELLISON asked and was given permission to address the House for 1 minute.) Mr. ELLISON. Mr. Speaker, I come to the floor today to remind my colleagues on both sides of the aisle who are about to cast votes on a bill that I believe will make Wall Street a little freer to make risky bets for a few more years: Where were we 6 years ago? Well, let me just give you a blast from the past with some headlines. From The Wall Street Journal, on January 7, 2009, ``ADP Reports 693,000 Private Sector Jobs Lost''; CNN, January 9, 2009, ``Worst Year for Jobs Since '45''; Bloomberg, January 8, 2009, ``December's Job Loss Was Bad. But How Bad?''; in The New York Times, February 14, 2009, ``Job Losses Pose a Threat to Stability Worldwide.'' President Obama hadn't been in office. This was other stuff, mistakes [[Page H362]] that had happened in the past connected to deregulation of Wall Street.



    We were staring down the worst recession since the Great Depression. Today, we are about to embark back down that path to deregulate Wall Street again. Don't do it.

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