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AARP Disappointed at Senate’s Failure to Invoke Cloture for Financial Reform Bill

FOR IMMEDIATE RELEASE:

May 19, 2010

Contact:

AARP Media Relations, media@aarp.org, 202-434-2560

AARP Disappointed at Senate’s Failure to Invoke Cloture for Financial Reform Bill

WASHINGTON – AARP Executive Vice President Nancy LeaMond issued the following statement in response to today’s Senate vote to invoke cloture on financial regulatory reforms:

“AARP is disappointed that the process to bring this important bill to protect millions of American consumers has been stalled.  We are aware that a number of amendments to the financial reform bill are still pending, but now is the time to act in order to restore faith in an outdated and broken system.”

“Americans have watched debate over this bill linger on for months after having felt the pangs of a recession at work, at home and in their pocketbooks. AARP calls on the Senate to take swift and definitive action to move forward on a financial reform bill.”

For more information about AARP’s financial reform surveys visit: here.

About AARP

AARP is a nonprofit, nonpartisan membership organization that helps people 50+ have independence, choice and control in ways that are beneficial and affordable to them and society as a whole. AARP does not endorse candidates for public office or make contributions to either political campaigns or candidates. We produce AARP The Magazine, the definitive voice for 50+ Americans and the world's largest-circulation magazine with over 35.7 million readers; AARP Bulletin, the go-to news source for AARP's millions of members and Americans 50+; AARP VIVA, the only bilingual U.S. publication dedicated exclusively to the 50+ Hispanic community; and our website, AARP.org. AARP Foundation is an affiliated charity that provides security, protection, and empowerment to older persons in need with support from thousands of volunteers, donors, and sponsors. We have staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

 

 

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MEDIA CONTACTS

If you are an AARP member and not with the press, call 1-888-OUR-AARP or email member@aarp.org.

 

For media inquiries, please contact the AARP Media Relations Office at (202) 434-2560 or media@aarp.org.

 

Facebook: AARP Media Relations

Twitter: @aarpmedia

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