Congressman Brad Sherman

Representing the 30th District of CALIFORNIA

Congressman Sherman Hosts Valley Town Hall Meeting

  

Dec 7, 2009
Press Release

Washington, D.C. - On Sunday, December 6th, Congressman Brad Sherman (D-Sherman Oaks) hosted a town hall at John Burroughs High School, fielding questions from some of the nearly four hundred constituents who attended.

Sherman has held over 100 town halls and filled several hundred seats at the John Burroughs High School auditorium on Sunday. This was the first town hall Sherman has held at the school and his second public meeting with constituents following the historic health care vote in September.

Congressman Sherman provided a brief update about his work in the 111th Congress before responding to questions about major federal issues, including health care, terrorism and the condition of the economy.

“Town hall meetings are critical to the public policy process, providing an opportunity for me to hear about the most pressing concerns in our community and to elaborate on the work that my colleagues and I are tackling in Congress. We had a good discussion about a wide variety of issues that are important to the daily lives of Valley residents,” said Congressman Brad Sherman. “At a time when many of us have loved ones fighting for our freedom abroad and are struggling to endure challenging economic times, it is inspiring how united we remain, and how dedicated we are to making our communities stronger.”

Sherman highlighted his continued work fighting against bailouts for Wall Street firms and protecting consumers. Last year, Congressman Sherman fought against the $700 billion Wall Street bailout sought by former President Bush. This year, the Treasury Department is urging Congress to pass a law that would give the federal government permanent, unlimited authority to bail out the largest firms on Wall Street, a proposal Sherman called “TARP on steroids.” Sherman is leading the effort to prevent the Executive Branch of the federal government from getting the authority to provide unlimited bailouts to the giants on Wall Street.

Sherman reiterated his commitment to protecting consumers in the Valley by working on legislation to prevent abuses in overdraft protection. New legislation will require banks to obtain the consumer’s consent before enrolling them in expensive overdraft programs. Banks would be required to warn customers when an ATM transaction would cause an overdraft and give the customer the opportunity to cancel the transaction before the overdraft fee is charged.  Finally, banks would be prohibited from reordering withdrawals to maximize customer fees.

Congressman Sherman directed participants to his Sherman Oaks office, (818) 501-9200, for further assistance in solving problems with federal agencies, including the Social Security Administration and the Department of Veterans Affairs. He encouraged constituents to visit his website (www.BradSherman.house.gov) for more helpful information.