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Congressman Gregory W. Meeks Remarks on President Barack Obama's Financial Regulatory Reform Proposal Meeks looks forward to working with citizens and stakeholders to create a modern financial regulatory system

June 17, 2009

(WASHINGTON, DC)– Congressman Gregory W. Meeks joined President Barack Obama today at the White House as he unveiled his plan for reform of the financial regulatory system.

Congressman Meeks issued the following statement regarding President Barack Obama's plan for reform of the financial regulatory system. "The financial regulatory reform plan that President Obama unveiled today is sweeping in scope and ambitious," said Congressman Meeks, Chairman of the House Financial Services Subcommittee of International Monetary Policy and Trade.

"Clearly there is a lot of work that will be required in the Financial Services Committee to draft a bill that will provide the 21st century frame work necessary to ensure that our financial services industry and the capital markets in the United States remain not only globally competitive, but the world leader. I look forward working on this historical effort," said Congressman Meeks.


Now serving in his sixth full-term, Meeks was elected to the House on February 3, 1998. Representing New York's Sixth Congressional District in the United States House of Representatives, Meeks' district covers all parts of Southeast Queens, Far Rockaway and Howard Beach. He is a member of the House Committee on Financial Services and the Committee on Foreign Affairs. Congressman Meeks is the Chairman of the International Monetary Policy & Trade Subcommittee of the House Financial Services Committee. He is a Member of the Congressional Black Caucus (CBC), New Democrats Coalition and the Democratic Leadership Council (DLC). He serves as the Co-chair of the Malaysia Caucus, Services Caucus, Dialogue Caucus, OAS Caucus and the Middle East Economic Partnership Caucus.