Votes No to Watering Down Critical Wall Street Reforms and Playing Politics with Homeland Security Funding

WASHINGTON, D.C. – U.S. Senator Robert Menendez released the following statement regarding his vote today against the government funding bill:

“While there are aspects of this legislation that I support, I had too many reservations about measures that put our economy at risk and could potentially put our citizens in danger,” said Senator Menendez. “The rollback of critical Wall Street reform provisions puts taxpayers on the hook to bail Wall Street out again. Moreover, this last-minute add-on – a poison pill written by large financial institutions – sets the table for more attacks on the protections I fought to put in place following the financial collapse.

“Furthermore, short-term funding for the Department of Homeland Security is short-sighted. New Jersey understands how vital homeland security funding is to the protection of critical infrastructure.  This bill would set the stage for a national security shutdown.  Treating agencies charged with protecting our homeland like a political football should make everyone uneasy and I could not vote yes to such action.”