Congresswoman Betty McCollum's eNewsletter
This Week from Betty
Congress Passes Wall Street Reform
The Wall Street Reform and Consumer Protection Act has been passed by Congress and will be signed into law next week by President Obama. This historic legislation imposes common sense rules on Wall Street to protect consumers and prevent the abuses and recklessness that triggered the worst recession in 70 years.
Congresswoman McCollum voted for Wall Street reforms, which passed the House with the support of 234 Democrats and 3 Republicans.
"The time when Wall Street is allowed to gamble with the economic security of the American people is over. With these reforms a new age of financial accountability and transparency is about to begin. This legislation protects taxpayers and their retirement funds, college accounts, and home mortgages from risky decisions by CEOs, lenders, and speculators," said McCollum.
Congresswoman McCollum Secures Federal Investments for East Metro Priority Projects
Congresswoman McCollum understands that Minnesota communities and families are struggling in this difficult economy. As a member of the House Appropriations Committee, she is working to meet the needs of the East Metro by helping to provide critical community investments. The following list of 4th Congressional District projects are advancing through the annual congressional appropriations process for funding in the fiscal year 2011 federal budget.
- Metropolitan Council: Central Corridor Light Rail - $45,000,000. This project supports final design and construction of the Central Corridor Light Rail (CCLRT) - the largest public works effort in Minnesota history.
- U.S. Speaker Nancy Pelosi and Congresswoman McCollum recently toured St. Paul's Union Depot -- a community project that received $35 million in Recovery Act funding.
- Ramsey County: Interstate 94 Transit Corridor - $750,000. Preventing traffic congestion and accommodating future growth are critical to Ramsey County. This transportation project supports the study of transit options and environmental analysis of the corridor along Interstate 94 between Union Depot in downtown St. Paul, Minnesota and Eau Claire, Wisconsin.
- Ramsey County: Riverview Corridor Bus Acquisition and Facilities - $750,000. This project will help to establish an essential transit link between Union Depot and the Minneapolis-St.Paul International Airport.
- Mille Lacs Band of Ojibwe: Mille Lacs Regional Dialysis Center - $1,300,000. Diabetics on the Mille Lacs Band of Ojibwe Reservation and surrounding communities would gain better access to life-saving health care with this project.
- Harriet Tubman Center East: Life, Health, and Safety Building Improvements - $600,000. Funds will improve access to safe shelter, legal, mental health, and community education services for victims of domestic violence.
- Dakota County Administration Center: Juvenile Detention Alternatives Initiative - $500,000. This program supports beneficial alternatives to disproportionate detention for low and medium-risk youth.
- Dakota County Administration Center: Criminal Justice Information Integration Network - $300,000. The information network helps improve coordination and communication between state and local law enforcement agencies.
- Ramsey County Attorney's Office: Runaway Intervention Project - $200,000. The Runaway Intervention Project aims to increase the family and school connection and to instill a positive outlook among runaway girls who have experienced or are at risk of sexual abuse or exploitation.
- Minnesota Finishing Trades Training Fund: Upper Midwest Industrial Coating Training Program - $400,000. This program supports a job training and apprenticeship program, including the purchase of relevant equipment.
- Gillette Children's Hospital: Children's Physical Therapy - $600,000. This project improves health care facilities and equipment for children receiving specialized care.
- Preservation Alliance of Minnesota: Historic Building Trades Job Training and Mentoring Program - $100,000. This project trains a new generation of workers in appropriate construction, repair, and maintenance skills required for historic structures.
- Lifetrack Resources: Minnesota Hands and Voices Program Expansion to Reach Underserved and Minority Communities - $400,000. Children experiencing hearing loss and their families will be able to get culturally appropriate information and services.
- University of Minnesota: Bovine Tuberculosis Disease Control and Eradication Program - $250,000. This project supports continued research on bovine tuberculosis to prevent significant negative economic impact on agriculture.
This Sunday morning at 10:00 AM, Congresswoman McCollum will be on the Esme Murphy Show on WCCO-TV. She will be discussing the latest public policies affecting Minnesota's Fourth Congressional District.