Wednesday, August 24, 2011

Debbie Wasserman Schultz Responds to Mitt Romney’s Call to Repeal Dodd-Frank Wall Street Reform Law

By DNC Press

Republican presidential frontrunner Mitt Romney said he would repeal the Dodd-Frank Wall Street reform law if he were the President. In response, DNC Chair Debbie Wasserman Schultz released the following statement:

“It should come as no surprise that Mitt Romney wants to repeal the Dodd-Frank financial reform law and put middle class Americans on the hook for the mistakes of Wall Street. This is the same Mitt Romney who just two weeks ago said that ‘corporations are people.’ The fact of the matter is Dodd-Frank protects working Americans from having to foot the bill for Wall Street bankers' risky bets and makes sure consumers are no longer subject to the shady practices of predatory lenders.

It seems the impossible has finally happened. Mitt Romney has come down firmly on a belief -- and that belief is that the interests of the wealthiest Americans, large corporations, and the special interests come before the interests of middle class Americans. Voters shouldn't have any doubts which side Mitt Romney and his Republican presidential rivals are on--and it's not with the middle class.”

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