Congressional Reaction

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By Nicole Grigg

Story Published: Jul 16, 2010 at 6:28 AM MDT

Story Updated: Jul 16, 2010 at 6:28 AM MDT

BILLINGS - Montana's lone Congressman Denny Rehberg is opposed to the new Financial Reform Bill, but it wins the backing of Senators Max Baucus and Jon Tester.

"This reform finally gets rid of the notion that any private company can somehow be 'too big to fail,' I don't believe in bailouts but I do believe in making sure folks are playing by the same rules," said Senator Jon Tester.

Montana Senator Max Baucus released the following statement; "Thursday is a historic day for Montanans and all Americans. By passing this strong reform legislation we are standing up for middle class families and small businesses that have fallen victim to Wall Street's recklessness and greed."

Denny Rehberg issued this statement, "far from solving the financial crisis, this bill creates a huge new government bureaucracy and will lead to decreased credit availability for Montana's small businesses."

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Billings resident said on Thursday, Jul 15 at 7:35 PM

I'm surprised Rehberg was even aware of this bill. I thought he was too busy SUING HIS OWN CONSTITUENTS to pay any attention to that nonsense in Washington.

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