Uncategorized

Miller: Financial reforms not perfect, but ‘a distinct improvement’

Both the House and the Senate are expected to vote next week on the 2,000 page compromise financial reform package that is designed to reshape how Wall Street conducts business.

Republicans, dismayed by the bill, assert it will do little to avoid a replay of the events that led to the financial crisis.

But Rep. Brad Miller (D-NC, 13th District) says the reforms are a good start. Miller, who appears this weekend on “News & Views”, says the legislation will provide more protections for consumers. Though Miller, a member of the House Committee on Financial Services, says he wishes his colleagues had done more to address the size of the nation’s largest banks.

For a preview of Rep. Miller’s radio interview with Chris Fitzsimon, please click below:
YouTube Preview Image

4 Comments

  1. […] weekend on Chris Fitzsimon’s radio news magazine News & Views, he interviews Rep. Brad Miller about FMAP funding and financial reform. Peace College political science professor David McLennan […]

  2. UCubed

    June 27, 2010 at 12:36 pm

    check out Danny Schecter’s new movie “The Crime Of Our Time” for a different view

  3. UCubed

    June 27, 2010 at 12:39 pm

  4. WILLIAM MURRAT

    June 28, 2010 at 6:55 am

    I know it’s a novel idea, but instead of more regulations, why don’t we insist that government employees, such as the SEC, actually do their job. If Barney Frank and Chris Dodd had not been asleep at the wheel, maybe the crisis would not have happened.