Press Releases

ECONOMIC ACTIVITY

Industrial Sector

(WASHINGTON, DC)– Congressman Gregory W. Meeks (NY-6), Senior Member of the House Committee on Financial Services and Chairman of its Subcommittee on International Monetary Policy and Trade, offered an amendment to Section 131 of the House offer on Title I that passed in the House Financial Services Committee today.

(WASHINGTON, DC)– Congressman Gregory W. Meeks (NY-6), Senior Member of the House Committee on Financial Services and Chairman of its Subcommittee on International Monetary Policy and Trade, voted in favor of H.R. 5297, the Small Business Lending Fund Act of 2010 that will leverage $300 billion in lending for small businesses and create hundreds of thousands of jobs.

(WASHINGTON, DC)–Congressman Gregory W. Meeks (D-NY) released the following statement regarding this morning’s debate in the financial reform conference committee over the House offer to Title III:

ECONOMIC ACTIVITY

Economic Growth

• The consensus forecast for economic growth in 2010 was revised up slightly. The Blue Chip panel now projects higher real GDP growth in second and third quarters. For the full year, the panel currently forecasts 3.3% growth. [Blue Chip]

Consumers

(WASHINGTON, DC)– Chairman Frank, Chairman Dodd, colleagues, it is a privilege to participate in this conference committee and to contribute to reconciling the financial reforms bills passed in the House and Senate. The magnitude of the moment, and the importance of the work before us, should not be underestimated.

(WASHINGTON, DC)– Congressman Gregory W. Meeks (NY-6), Senior Member of the House Committee on Financial Services and Chairman of its Subcommittee on International Monetary Policy and Trade, voted in favor of H.R. 5072, the Federal Housing Administration Reform Bill.

(WASHINGTON, DC)– Congressman Gregory W. Meeks (NY-6), Senior Member of the House Committee on Financial Services and Chairman of its Subcommittee on International Monetary Policy and Trade, was named by Speaker Nancy Pelosi as conferee to the conference committee that will complete comprehensive Wall Street reform legislation.