Press Releases
New Democrats Praise Wall Street Reform and Consumer Protection Law
New law includes 20 New Dem ideas for reform Today, leaders of the New Democrat Coalition led by Chair Congressman Joseph Crowley (NY-07) and the New Dem Financial Services Task Force Co-Chairs Congresswoman Melissa Bean (IL-08) and Congressman Jim Himes (CT-04) released the following statement upon the President signing the Wall Street Reform and Consumer Protection Act (H.R. 4173) into law:?? "Millions of Americans lost their jobs, homes, and hard-earned savings following the market … Continue Reading
July 15, 2010
New Dems Applaud Senate Passage of Wall Street Reform and Consumer Protection Conference Report
Today, leaders of the New Democrat Coalition led by Chair, Congressman Joseph Crowley (NY-07) and the New Dem Financial Services Task Force Co-Chairs Congresswoman Melissa Bean (IL-08) and Congressman Jim Himes (CT-04), released the following statement upon the Senate's passage of the Wall Street Reform and Consumer Protection Act of 2009 Conference Report (H.R. 4173): ? "Today's passage of the Wall Street Reform and Consumer Protection Conference Report by the Senate moves us towards finally … Continue Reading
June 30, 2010
New Dem Trade Leaders Respond to WTO Airbus Ruling
Today, the New Democrat Coalition Trade Task Force Co-Chairs Congressman Adam Smith (WA-9) and Congressman Jim Moran (VA-8) released the statement below, following the World Trade Organization's ruling on the Airbus subsidies dispute: "Today's ruling by the World Trade Organization against the European Union for anti-competitive subsidies provided to Airbus was a win for the United States in efforts to enforce existing trade agreements and to protect American goods, services and businesses … Continue Reading
June 30, 2010
House Passes Wall Street Reform and Consumer Protection Act
All 21 New Dem Principles for Reg Reform Passed by House Today, the U.S. House of Representatives passed historic legislation to reform the American financial system. The Wall Street Reform and Consumer Protection Act (H.R. 4173) passed by a vote of 237 to 192. With passage of this legislation, the entire "New Democrats' Plan for Creating a 21st Century Financial Regulatory Structure", which was released in February 2009, has been passed by the House. The New Democrats' Plan comprised 21 … Continue Reading
June 28, 2010
New Dems Encouraged by Pledge to Move Forward with Korea Trade Negotiations
Today, leaders of the New Democrat Coalition, led by Congressman Joseph Crowley (NY-7) and the New Dem Trade Task Force Co-Chairs Congressman Adam Smith (WA-9) and Congressman Jim Moran (VA-8), released the following statement in response to President Obama's announcement on the Korean-U.S. Free Trade Agreement (KORUS): "We welcome Saturday's announcement by President Obama signaling the Administration's desire to continue negotiations on the Korea Trade Agreement. The New Dems have long … Continue Reading
June 25, 2010
New Dem Leadership Op-ed: To jump-start recovery, innovate
By: Rep. Joseph Crowley and Rep. Melissa Bean and Rep. Ron Kind and Rep. Allyson Schwartz and Rep. Adam Smith Printed in Politico, 6/25/2010 As the economy edges toward recovery, the best job-creation policies Congress can implement may well focus on allowing U.S. ingenuity to flourish. As New Democrat Coalition leaders, we believe this is a top priority to build on our nation's core strengths of innovation and entrepreneurship. During the downturns of the early 1990s and 2000s, … Continue Reading
June 10, 2010
New Dems Meet with SBA Administrator Karen Mills?
Collaborate on Ideas to Boost American Small Businesses? Today, the New Democrat Coalition hosted a meeting with Small Business Administrator Karen Mills to discuss ways to foster a stronger business climate that helps small businesses grow, innovate and hire. The discussion focused on the ideas included in the New Democrats' Agenda for Innovation and Entrepreneurship and was part of an ongoing dialogue between the New Dems and the Administration on the need to spur access to capital for … Continue Reading
May 28, 2010
New Dems Applaud Passage of America COMPETES Reauthorization Act
Today, leaders of the New Democrat Coalition, led by Congressman Joseph Crowley (NY-7) and the New Dem Innovation and Competitiveness Task Force Co-Chairs Congressman Ron Kind (WI-3) and Congressman Rush Holt (NJ-12), released the following statement upon passage of The America COMPETES Reauthorization Act (HR 5116): "In our nation's history, we have witnessed the direct connection between innovation, economic development and job creation. The New Dems have long been leaders in fostering … Continue Reading
May 05, 2010
New Dems Unveil Agenda for Innovation and Entrepreneurship
Proposals Aim to Boost American Small Businesses and Build an Innovation Economy Today, the New Democrat Coalition unveiled a comprehensive agenda aimed at encouraging innovation and boosting small businesses. The New Democrats' Innovation and Entrepreneurship Agenda, which has been endorsed by the full 69-member Coalition, builds upon the New Democrats' long standing commitment to policies that embrace technology and innovation to drive sustainable economic growth, competitive businesses and … Continue Reading
April 28, 2010
New Democrats Applaud IMPROVE Acquisition Act
Today, leaders of the New Democrat Coalition, led by Congressman Joseph Crowley (NY-7) and the New Dem Budget Discipline Working Group Co-Chairs Congressman Bob Etheridge (NC-2) and Congressman Bill Foster (IL-14), released the following statement upon passage of the IMPROVE Acquisition Act of 2010 (HR.5013): "We applaud today's passage of the Defense Acquisition Reform bill, which cuts wasteful spending and modernizes Department of Defense Acquisition to keep our nation secure and our troops … Continue Reading
March 24, 2010
Rep. Bean Op-ed: Extensive agreement on basics of overhaul
Printed in The Hill, 3/24/2010 Most Illinois families have personally experienced the impact of the financial crisis through decreasing values in their retirement savings and homes. In September 2008 when we were at the precipice of financial collapse, the federal government took necessary action to stabilize our financial system and promised the American people that comprehensive regulatory reforms would follow. Lost in the bickering over jurisdictional process has been the broad agreement … Continue Reading
March 16, 2010
New Dems Encouraged by National Broadband Plan
High-speed Internet is Vital for Competitive Businesses and 21st Century Workforce Today, leaders of the New Democrat Coalition, led by Congressman Joseph Crowley (NY-7) and the New Dem Innovation and Competitiveness Task Force Co-Chairs Congressman Ron Kind (WI-3) and Congressman Rush Holt (NJ-12), released the following statement upon the release of the Federal Communications Commission's National Broadband Plan: "Last year, the New Democrats called for investments in the American Recovery … Continue Reading
March 11, 2010
New Democrats Applaud Creation of Export Promotion Cabinet
Today, leaders of the New Democrat Coalition, led by Congressman Joseph Crowley (NY-7) and the New Dem Trade Task Force Co-Chairs Congressman Adam Smith (WA-9) and Congressman Jim Moran (VA-8), released the following statement upon President Obama's Executive Order creating the Export Promotion Cabinet: "Earlier this week, the New Democrats unveiled our priorities for a comprehensive trade agenda. We called for more action to target potential buyers of American goods and services abroad. We … Continue Reading
March 09, 2010
New Democrats Unveil Priorities for Trade Agenda
Creating Economic Opportunities for American Workers and Businesses Today, the New Democrat Coalition's Trade Task Force, led by Co-Chairs Congressman Adam Smith (WA-9) and newly appointed Co-Chair Congressman Jim Moran (VA-8), unveiled the Coalition's priorities for a comprehensive trade agenda. The agenda announced by the New Dem Trade Task Force combines proposals that will strengthen U.S. trade relationships with efforts designed to help American workers and businesses compete and win in … Continue Reading
February 25, 2010
New Dems Welcome Three New Members
Reps. Driehaus, Markey and Nye join New Democrat Coalition Today, Members of the New Democrat Coalition welcomed three new members to the group, Congressman Steve Driehaus (OH-1), Congresswoman Betsy Markey (CO-4) and Congressman Glenn Nye (VA-2). Representatives Driehaus, Markey and Nye will bring real world experience and innovative ideas to the organization, as the New Dems work hard to strengthen our economy, ensure American businesses and workers can compete and win in the global … Continue Reading
February 04, 2010
New Dems Meet with USTR Kirk on U.S. Trade Agenda
New Dems support creating global opportunities for American businesses and workers Today, the New Democrat Coalition hosted a meeting with United States Trade Representative (USTR) Ambassador Ron Kirk to continue an ongoing dialogue on how to strengthen the U.S. economy through trade and international cooperation. New Dem members are committed to promoting global opportunities for American businesses and workers by opening up new markets to American goods and services. Following the … Continue Reading
February 04, 2010
New Dems Unveil Budget Discipline Working Group to Promote Deficit and Debt Reduction
Working Group will be led by Reps. Etheridge and Foster Today, members of the New Democrat Coalition announced the formation of the Budget Discipline Working Group to promote fiscally responsible policies that target Federal spending and reduce the deficit and national debt. The Working Group will be chaired by U.S. Representatives Bob Etheridge (NC-2), a senior member of the House Budget Committee, and Bill Foster (IL-14), a member of the Financial Services Committee and the Oversight and … Continue Reading
February 03, 2010
New Democrats Applaud President Obama's Small Business Lending Initiative
Boosting small business lending key to economic growth Today, the leadership of the New Democrat Coalition, which is chaired by Congressman Joseph Crowley (NY-07), released the following statement in response to President Obama's announcement of the Small Business Lending Fund: "Getting America's small businesses back on their feet is a must-do as we work to reinvigorate our economy. We welcome President Obama's plan to provide community banks with much-needed resources, and we know it will … Continue Reading
January 27, 2010
New Democrats Respond to President Obama's State of the Union???? Address
Today, leaders of the New Democrat Coalition, led by Congressman Joseph Crowley (NY-07), New Dem Chair, released the following statement in response to President Obama's State of the Union Address: ?? "Tonight, President Obama reminded us of the challenges Americans are facing daily and called on Congress to join together and work collaboratively to get our economy back on track and put Americans back to work.?? "Just one year ago, our nation was on the brink of economic collapse, and this … Continue Reading
January 20, 2010
New Dems Encouraged by Japan's Announcement of Changes to Clunkers Program
Today, leaders of the New Democrat Coalition, led by Congressman Joseph Crowley (NY-07), Chair, and Congressman Adam Smith (WA-09), Chair of the New Dem Trade Task Force, released the following statement regarding the announcement of revisions to the Japanese Environmental Friendly Vehicles Program ("eco-cars") by the Embassy of Japan: "The New Dems applaud the announcement by the Embassy of Japan that US autos will now be eligible for Japan's 'clunkers program'. This announcement comes after … Continue Reading