{"id":4968,"date":"2017-06-08T16:57:00","date_gmt":"2017-06-08T20:57:00","guid":{"rendered":"https:\/\/www.merkley.senate.gov\/merkley-statement-on-house-passage-of-the-wrong-choice-act\/"},"modified":"2023-07-24T11:08:50","modified_gmt":"2023-07-24T15:08:50","slug":"merkley-statement-on-house-passage-of-the-wrong-choice-act","status":"publish","type":"post","link":"https:\/\/www.merkley.senate.gov\/es\/merkley-statement-on-house-passage-of-the-wrong-choice-act\/","title":{"rendered":"Declaraci\u00f3n de Merkley sobre la aprobaci\u00f3n en la C\u00e1mara de Representantes de la Ley de Elecci\u00f3n Equivocada"},"content":{"rendered":"

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the House of Representatives passed the “Choice Act” today:<\/span><\/p>\n

\n

“I know that the summer is the time for sequels, but the American people have already been through the Great Recession; they don’t need a Great Recession 2. If the Wrong Choice Act becomes law, that’s exactly what’s in store for Oregon’s working families, and working families all across America.<\/span> <\/span><\/p>\n

“The Dodd-Frank Act was an historic undertaking. It restored commonsense rules to an out-of-control financial system that caused the Great Recession. Now, Republicans want to re-open that very same Wall Street casino that brought our economy to its knees. No thank you.<\/span><\/p>\n

“This bill would decimate the Consumer Financial Protection Bureau – an agency whose sole purpose is to defend consumers, and which has returned over $11 billion in relief to more than 27 million consumers. And it would eliminate the Volcker Rule that stops the banks from gambling with taxpayer-insured savings. This threatens the lending that families and small businesses rely on.<\/span><\/p>\n

“The Dodd-Frank Act ensured that our financial system works for, rather than preys on, American families and Main Street businesses. Congress should be fighting to give working people a chance to get ahead, not putting their homes, jobs, and retirement savings at risk once again. We already saw that movie in 2008 and it stunk. We don’t need a sequel. The Senate should bury this misguided bill.”<\/span><\/p>\n<\/blockquote>","protected":false},"excerpt":{"rendered":"

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the House of Representatives passed the “Choice Act” today: “I know that the summer is the time for sequels, but the American people have already been through the Great Recession; they don’t need a Great Recession 2. If the Wrong Choice Act becomes […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[24],"tags":[44,47],"class_list":["post-4968","post","type-post","status-publish","format-standard","hentry","category-press-releases","tag-jobs-and-the-economy","tag-protecting-consumers-taxpayers-and-the-economy"],"acf":[],"yoast_head":"\nMerkley Statement on House Passage of the Wrong Choice Act - Merkley<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.merkley.senate.gov\/es\/merkley-statement-on-house-passage-of-the-wrong-choice-act\/\" \/>\n<meta property=\"og:locale\" content=\"es_MX\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Merkley Statement on House Passage of the Wrong Choice Act - Merkley\" \/>\n<meta property=\"og:description\" content=\"WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the House of Representatives passed the “Choice Act” today: “I know that the summer is the time for sequels, but the American people have already been through the Great Recession; they don’t need a Great Recession 2. 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