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Kucinich on America’s Banking System, 30 years after default of Cleveland
Dec 15, 2008
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By Congressman Dennis Kucinich (D-OH)
Kucinich on America’s Banking System, 30 years after default of Cleveland
Once they were as gods, but the deities of the American banking system are now in ruins, plunged from their pedestals into the maw of taxpayer largesse. Congress voted to give the b...
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Kucinich Speaks in Support of Domestic Automakers
Dec 10, 2008
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Congressman Dennis Kucinich (D-OH), who has been a vocal proponent for aid for domestic automakers, today made the following speech during debate on H.R. 7321, the Auto Industry Financing and Restructuring Act:
“I rise in support of the rule and the underlying bill. The underlying proposition i...
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Kucinich and LaTourette meet with Regulators
Dec 2, 2008
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U.S. Representatives Steven C. LaTourette (R-Bainbridge Township) and Dennis Kucinich (D-Cleveland) met this afternoon for about 90 minutes with top Treasury officials and banking regulators to discuss the sale of National City Bank to PNC.
They said it was a frank, open and honest discussion wi...
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Kucinich to Bernanke: Public Deserves More Time to Comment on Acquisition of National City Bank with Treasury Funds
Dec 1, 2008
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Congressman Dennis Kucinich (D-OH) yesterday sent a letter to the Chairman of the Federal Reserve Bank, Mr. Ben Bernanke, asking him to overrule a decision by the Deputy Secretary of the Federal Reserve Board, Mr. Robert Frierson, in order to accommodate a public hearing and an extended comment peri...
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Kucinich Requests More Time for Public Comment on Sale of National City
Nov 25, 2008
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Congressman Dennis Kucinich (D-OH) today requested that Ms. Sandra Pianalto, President of The Federal Reserve Bank of Cleveland, hold a public hearing on the proposed PNC acquisition of National City and to extend the period for public comments for at least an additional 30 days after the current D...
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Kucinich: Treasury Picked National City to be a Loser
Nov 21, 2008
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Congressman Dennis Kucinich (D-OH) made the following speech at a rally to save National City Bank at Public Square today:
“Treasury is picking winning and losers. They picked National City Bank, with its 163-year history in Cleveland, to be a loser. When asked in the Domestic Policy Subcommittee,...
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Kucinich: Congress Should Withhold Second Part of Bailout from Treasury
Nov 17, 2008
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Representative Dennis Kucinich (D-OH) today sent a letter to Representative Barney Frank, Chairman of the House Financial Services Committee, recommending that Congress inform the White House that it will not authorize the second $350 billion tranche of the bailout funds to the Treasury Department....
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Kucinich: Keep ArcelorMittal in Business, Put America Back to Work
Oct 31, 2008
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At a news conference with leaders of United Steelworkers, overlooking Cleveland’s massive steelmaking facility which will be idled, Congressman Dennis Kucinich (D-OH) today made the following statement:
“Cleveland and every city in America needs a massive, green jobs program that would prime the pu...
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Conyers, Kucinich Express Alarm Regarding the Use of Funds from the $700 Billion Rescue Package
Oct 29, 2008
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House Judiciary Committee Chairman John Conyers, Jr. (D-MI) and Government Oversight Subcommittee Chairman Dennis Kucinich (D-OH) today expressed alarm that the $700 billon from the Troubled Asset Relief Program has apparently not yet been used to make loans to businesses and consumers. Recent...
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Kucinich Continues Investigation of Bail-Out Bonuses
Oct 28, 2008
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Congressman Dennis Kucinich, Chairman of the Subcommittee on Domestic Policy is pressing his efforts to head off an avalanche of Wall Street bailout bonuses. Recent reports indicate bonuses and other compensation packages paid by financially troubled firms receiving government assistance could reach...
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