Tester response to release of Senate Wall Street reform plan
(WASHINGTON, D.C.) – U.S. Senator Jon Tester today made the following statement in response to the release of the Senate’s Wall Street reform proposal:
“It’s about time we pull the curtain on the era of ‘too-big-to-fail.’ It’s time to put refs back on Wall Street. And it’s time to close loopholes and end undeserved bonuses.
“In Montana, we place a premium on accountability. I’ll support a reform plan that ensures Wall Street is held accountable to Main Street and to rural America. And I’ll support a plan that doesn’t punish Montana’s community banks for living within their means.
“Now I look forward to helping shape this proposal into the best Wall Street reform bill possible.”
Tester, a member of the Senate Banking Committee, is the only Senate Democrat who voted against the Wall Street bailout and the bailout of the U.S. auto industry in 2008.