I have been fighting hard for a Wall Street reform bill that protects my state’s families, holds Wall Street accountable, and includes a guarantee that American taxpayers will never again have to pay to bail out Wall Street or clean up after big banks’ messes.
Support and fight for strong Wall Street reform legislation that ends taxpayer-funded bailouts, holds Wall Street accountable, and strengthens consumer protections.
Occurrences
Evidence
legacy_unverified · Source version not recorded · locator unknown
Public Law 111-203, enacted July 21, 2010, says its purpose is to end "too big to fail," protect taxpayers by ending bailouts, and protect consumers from abusive financial services practices. Title II includes "Prohibition on taxpayer funding" and Title X establishes the Bureau of Consumer Financial Protection.
legacy_unverified · Source version not recorded · locator unknown
Congress.gov lists the bill's latest action as becoming Public Law No: 111-203 on 07/21/2010, and its Senate passage on 05/20/2010 was 59-39.
legacy_unverified · Source version not recorded · locator unknown
The enacted public law identifies the Dodd-Frank Wall Street Reform and Consumer Protection Act and states that it was meant to promote financial stability, end too-big-to-fail, end bailouts, and protect consumers from abusive financial practices.
legacy_unverified · Source version not recorded · locator unknown
Congress's bill record shows H.R. 4173 became law as the Dodd-Frank Wall Street Reform and Consumer Protection Act on July 21, 2010.
legacy_unverified · Source version not recorded · locator unknown
The Senate recorded Vote 208 on the H.R. 4173 conference report as agreed to, 60-39. The measure title described improving accountability and transparency in the financial system, ending too big to fail, protecting taxpayers by ending bailouts, and protecting consumers from abusive financial services practices. Murray (D-WA) voted Yea.
legacy_unverified · Source version not recorded · locator unknown
Murray's Senate office said the bill protected consumers and ended taxpayer bailouts, passed 59-39, created a Consumer Financial Protection Bureau, strengthened Wall Street regulation, and made Wall Street responsible for cleaning up its own failures.
Assessments
The core promised outcome was achieved through enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which addressed taxpayer-funded bailouts, Wall Street accountability, and consumer protections. Murray was an incumbent U.S. senator at the time, voted for final Senate approval, and publicly supported the legislation, so candidate credit is strong. However, enactment occurred on July 21, 2010, before the 2011-2017 term tied to the 2010 campaign context, so the available timing category is best treated as unknown rather than same_term or later_term.
The promise’s substance was enacted through the Dodd-Frank Wall Street Reform and Consumer Protection Act, which expressly targeted ending taxpayer-funded bailouts, increasing Wall Street accountability, and strengthening consumer protections through measures including the CFPB. Patty Murray was an incumbent senator during that legislative fight, so this is not a case where unrelated officials later completed the outcome with little candidate involvement. However, the law was enacted on July 21, 2010, before the 2011-2017 Senate term tied to this campaign began, so the delivery does not fit cleanly into the requested term-based timing categories.
The core outcome in the pledge was achieved through the Dodd-Frank Wall Street Reform and Consumer Protection Act, enacted on July 21, 2010. That law directly matched the promise's main elements by aiming to end taxpayer-funded bailouts, increase Wall Street accountability, and strengthen consumer protections through the new consumer protection bureau. Because Murray's promise was to support and fight for strong reform legislation, and that legislation passed while she was serving in the Senate during the 2010 reelection cycle, this is best scored as full delivery rather than partial credit.