Wall Street -- Reform at Last
Despite the millions that Wall Street spent to fight financial reform, the bill passed last week in the Senate in a 60-39 vote. The bill's purpose is to provide more oversight and regulation to the financial markets. It gives the federal government power to protect borrowers against abuses in mortgage, credit cards and other types of lending, and creates a new federal agency to protect consumers making financial transactions.
Vote Tomorrow on Unemployment Benefits
After passing the final financial reform hurdle, President Obama is moving full force ahead for congressional passage for the extension of unemployment benefits. The vote will be tomorrow and the President is out today publicly shaming those that have held up this important legislation.
Carte Goodwin, former adviser to the Governor Manchin of West Virginia, will be sworn in as the late Senator Byrd's successor today at 2:15 pm. The Senate is expected to use this event to push the vote on the extension of unemployment benefits, since it is likely to pass with Goodwin's vote. This anticipated and long-overdue victory will hopefully lead to the passage of further jobs legislation.
- Last Friday, the ADA Ed Fund hosted a Congressional Briefing on Women, Unemployment and the Great Recession examining two recent studies on the affects of the ongoing recession on women and the families that they support. With ADA President, the Honorable Lynn Woolsey, as the discussion moderator, the briefing featured Amy Young (Executive Director of Women's Voices. Women Vote.) and Heather Arnet (Executive Director of the Women and Girls Foundation of Southwest Pennsylvania).
- Greater Washington Area ADA hosted an event, "Honoring Progressive Heroes". The event honored Representatives Donna Edwards (D-MD), Eleanor Holmes Norton, (D-DC), Jim Moran (D-VA) and Senator Ben Cardin (D-MD).
- A PBS special on Don't Ask Don't Tell (DADT) worth watching, featuring ADA activist Andy Szekeres!
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