Press Release
House Majority Leader Steny H. Hoyer (MD) released the following statement today after U.S. Trade Representative Ron Kirk announced that the U.S. is investigating China for its policies and practices affecting trade and investment in clean energy technologies in response to a petition filed by the United Steelworkers:
Today's sentencing sends a strong and unequivocal message to terrorists that they will be held accountable for their actions, and that they will not win.
With his Administration's action today, President Obama is now the first president to ever enforce Congressionally-mandated sanctions on Iran. This hard-hitting action demonstrates how serious the President and the Democratic Congress are about halting Iran's dangerous pursuit of nuclear weapons. The Comprehensive Iran Sanctions, Accountability, and Divestment Act, passed by this Congress and implemented by President Obama, brings strong economic pressure to bear on Iran, sending an unambiguous message to the regime in Tehran about the high costs of their nuclear pursuit.
Strengthening America's manufacturing is essential to the creation of well-paying, middle class jobs. That's why Democrats have worked hard to pass pieces of our Make It In America agenda. Today, the House continued the Make It In America agenda by passing the Currency Reform for Fair Trade Act, which levels the trade playing field by holding China accountable for its unfair currency policy.
Today, President Obama signed into law the Small Business Jobs Act, an important step to boost our small businesses and contribute to our economic recovery. The bill creates a small business lending fund to help businesses access the capital they need to grow and hire new workers; it also includes $12 billion in small business tax cuts and funds export-promoting programs that help American companies compete abroad. The Small Business Jobs Act is fully paid for, so it does not add to the deficit—and it is projected to create or save hundreds of thousands of jobs.