Earlier this year Congress passed and President signed a Wall Street Reform bill which ended “too big to fail,” Wall Street bailouts, and enacted the strongest consumer protections since the Great Depression. The new law also takes concrete steps to stop the horrific violence in one of the most unstable parts of Africa – the Democratic Republic of the Congo (DRC).
Harrowing images of collapsed homes, hospitals, and buildings, showed how badly Haiti’s capital city and towns were hit by the earthquake earlier this year. But the pictures didn’t show the devastating effect on the countryside, where the majority of Haitians must make a living. The disrupted food production affected the entire nation where six out of 10 people were hungry even before the ground shook.
In this pre-election period, while Congress is focused on domestic economic issues, members of the House and Senate recently passed landmark legislation that seeks to mitigate the ongoing, devastating conflict in the Democratic Republic of Congo (DRC).
As Prepared for Delivery:
Good afternoon ladies and gentlemen. It is a privilege to be here with so many colleagues and partners from around the world who share a commitment to our mutual security.
It’s a pleasure to be here in this beautiful city that in less than four years will host the 22nd Winter Olympic games—a well-deserved honor for the Russian Federation.
Political campaigns bring out the worst in members of Congress. I can see the influence of the campaign season and a weak economy in the House of Representatives’ recent vote to “punish” China for what it sees as an undervalued currency. But business-as-usual campaign politics in the US are easily and constantly misinterpreted outside of our borders, and end up harming all parties.
Majority Leader Steny Hoyer issued the following statement in Washington, D.C. after the State Department announced sanctions on eight Iranian officials implicated in human rights violations and on the Naftiran Intertrade Company (NICO), which has spent millions in the Iranian petroleum sector. President Obama has also secured the commitment of major oil and gas companies, including Royal Dutch Shell, Total, Statoil, and ENI, to end their business dealings with Iran:
Thank you very much, Senator Kerry, and thank you for your strong leadership that produced the 14-4 vote in the Senate Foreign Relations Committee. I’m very grateful that Chairman Kerry and Ranking Member Lugar were at the forefront of making the case why the treaty is so much in America’s national security interests.
Two very different developments on the Iran policy front came out of Washington today. I wanted to share with you National Iranian American Council (NIAC)’s statement of support for the first measure, which targets human rights abuses in Iran, and invite you to take action to oppose the second measure, which imposes sanctions against innocent Iranians.
Secretary of State Hillary Clinton gave the following speech Wednesday at the Historical Conference on the American Experience in Southeast Asia in Washington, D.C. She will be traveling to Hanoi next month.
Thank you very much, Ambassador, and it’s a great pleasure and privilege for me to welcome all of you to the Department of State. I know we have in this audience scholars and historians, diplomats, and those who have great personal knowledge of and experience with the important issue that will be discussed throughout the day. A lot of history has been made in the State Department and continues to be made every day. And some of the people who are working here and who have worked here previously know that very well.