The statement about reform in financial sector in United Sates is can be with told in front of reporters or also can be in a written statement. In a written statement, Olympia Snowe, a Maine representative, said that the law in financial sector form is an important step to implement reforms to regulation, creating a strong consumer protection and restore confidence in U.S. financial system. Law on U.S. financial sector reform is a response to global crisis in 2008 that ‘forced’ the U.S. Congress bailout program to inject $ 700 billion to big companies including American International Group Inc, and Citigroup Inc. This law was approved by Parliament of the United States on June 30.
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Democratic Faction in the U.S. Senate plans to hold a final vote this week to pass legislation on financial sector reform, following the additional support of three members of the Senate from Republicans. “At the weekend, we will finalize our task related bill to guarantee the protection and responsibility of Wall Street done soon as possible,” said Senate Majority Leader Harry Reid, Democrat of Nevada members, in the written statement today. Brown Scott, a member of the Senate Republican representative of Massachusetts, and Olympia Snowe and Susan Collins of Maine representatives, yesterday announced its support for the Act. Thus, there are 60 votes required to pass the regulation of the Senate to the desk of U.S. President Barrack Obama, as long as all members of Democrats agreed.
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