| FOR IMMEDIATE RELEASE: | CONTACT: Jesse Jacobs - 202-224-4524 |
| Wednesday, June 26, 2002 | Craig Davis - 202-224-7391 |
WorldCom and Legislative Needs
"The startling revelations about WorldCom underscore the necessity to restore trust and confidence in our markets, where over 60% of the American public now invests. It is imperative we move forward with strong accounting reform and investor protection legislation. I am pleased that Senate Majority Leader Daschle has said he plans to move the bi-partisan Banking Committee bill immediately when we return from our July 4 recess."
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