FINCHER DENOUNCES SENATE PASSAGE OF
INEFFECTIVE FINANCE REFORM BILL
| FOR IMMEDIATE RELEASE | Contact: Matt McCullough |
| Saturday, May 22, 2010 | Phone: (731) 697-5773
Email:
Matt@stephenfincher.org
|
FROG JUMP - Stephen Fincher, conservative Republican candidate for Tennessee's Eighth Congressional District, today released the following statement regarding Senate passage of Wall Street reform legislation Thursday evening:
"This week's Senate vote on Wall Street reform can be added to the laundry list of big government takeovers pushed through Congress by out-of-touch liberals bent on expanding the role of government in our lives. This legislation increases costs and regulation, but completely fails to address a major cause of the 2008 economic meltdown: Fannie Mae and Freddie Mac.
"Common sense accountability begins with winding down Fannie and Freddie, whose mismanagement continues to risk the long-term viability of the housing market. In Congress, I'll fight to phase out Fannie and Freddie and replace them with a housing finance system where private capital drives the market. We can all agree that safeguards need to be in place to mitigate a future crisis, but this Senate-passed legislation falls far short of meaningful reform."
Stephen Fincher is a lifelong farmer, businessman, and gospel singer with deep roots in Tennessee, not politics. Stephen and Lynn, his wife of 18 years, proudly raise their three children in Frog Jump. To learn more about Stephen's common sense, conservative campaign, please visit www.stephenfincher.org.
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