House passes bipartisan bill to calm financial, credit markets
October 3, 2008

WASHINGTON, D.C. – U.S. Rep. Charlie Melancon (D-La.) released the following statement in support of the financial rescue bill that passed the House, 263-161 today. Melancon signaled his support for the legislation after the initial proposal was rewritten in bipartisan negotiations to include key provisions protecting middle-class taxpayers and requiring Wall Street to assume any cost shortfalls of the rescue.

House fails to pass bipartisan bill to stabilize American financial markets
September 29, 2008

WASHINGTON, D.C. – U.S. Rep. Charlie Melancon (D-La.) released the following statement in support of the financial rescue bill that failed to pass the House, 205-228 today. Melancon signaled his support for the legislation after the initial proposal was rewritten in bipartisan negotiations to include key provisions protecting taxpayers and requiring Wall Street to assume any cost shortfalls of the rescue.