Gerry Connolly has a record of standing up for consumers against big banks and the credit card companies. In Congress, he voted to stop the release of TARP bank bailout funds, instead fighting to use the money to pay down the deficit. He voted to crack down on credit card companies for their exorbitant fees, rate hikes, and deceptive practices hidden in the fine print.
He believes we need to rein in the reckless behavior of the big banks on Wall Street. That's why he stood up to his own Party to vote against the bank bailout and fought to make sure taxpayer money cannot be used for CEO bonuses.
Gerry Connolly voted for greater accountability on big banks receiving TARP bailout funds and to curb abusive and predatory mortgage lending practices. Finally, he voted for Wall Street Reform legislation to end taxpayer funded bailouts and provide sensible regulation for the previously unregulated derivatives market.
