News Releases

(Washington, D.C.) – Today, U.S. Senator Patty Murray (D-WA) joined with families and small business owners at Izilla Toys in Seattle to discuss the importance of tough legislation to reform Wall St. and protect Washington state families. Murray laid out her principles for tough Wall St. reform, and discussed an amendment she is co-sponsoring that prohibits the use of any taxpayer funds for Wall St. bailouts.

“For far too long the financial rules of the road have favored Wall Street executives over Washington state families,” said Senator Patty Murray. “We can never again let the risks and irresponsible behavior of Wall Street hurt Main Street this way.  It’s time to put progress before politics and people before Wall Street. And I will never vote for a bill that allows taxpayer money to pay for Wall St. bailouts.”

The amendment that Senator Murray has co-sponsored with Senator Boxer states in simple terms that no taxpayer resources will be used to bail out or prop up any failed company.

Senator Murray spoke on the floor twice in the last week about the need to reform Wall St. and protect Washington state families and helped to bring Wall Street Reform legislation to the Senate floor for debate this week, despite repeated Republican resistance. 

“My wife and I were always used to working hard and playing by the rules, so the irresponsible practices of the banks and credit card companies during the crisis seemed predatory to us,” said Jude Larene, owner of Izilla Toys in Seattle, who joined Senator Murray to discuss Wall st. reform today. “Small businesses like mine can be a part of the solution to the recession, creating jobs that put people back to work. But only if we reform the bad practices on Wall Street that got us into this mess.”

Also joining Senator Murray at the press conference to share their stories were:

  • Jude Larene, owner of Izilla Toys in Seattle;
  • Dusty Hoerler, unemployed member of Local 32 Plumbers and Pipefitters;
  • Gus Ramos, senior citizen who had to find new job after financial collapse;
  • Devin Glaser, schoolteacher at John Stanford International School facing foreclosure.