Contact: Jim Dyar, Communications Director
LaMalfa has said that regulations must be cut across the board, which includes regulations on the financial sector that prevent unscrupulous lenders from taking advantage of every-day Americans. The deregulated environment of Wall Street helped trigger the economic collapse that left thousands without jobs in our district.
“Companies like Bain are the worst of the Wall Street vultures,” Reed said. “It’s no surprise that they’re giving their money to Doug LaMalfa. It is time to ask Doug. ‘Will you repeal regulations passed over the last four years to stop the excesses of Wall Street from hurting every day Americans?’ ”