2002-7-16-11-57-47-7511: Secretary O'Neill's Statement of Passage of Corporate Governance Legislation



	FROM THE OFFICE OF PUBLIC AFFAIRS July 16, 2002 2002-7-16-11-57-47-7511 Statement of Treasury Secretary Paul H. O’Neill on Senate Passage of Corporate Governance Legislation FOR IMMEDIATE RELEASE JULY 15, 2002 CONTACT: BETSY HOLAHAN 202-622-2960 I applaud the Senate for its passage of this important legislation. Senator Sarbanes, Minority Leader Lott, and a host of other senators should be commended for their swift action following President Bush’s call for a new era of corporate responsibility. The House, in approving a similar measure in April, also has shown its commitment to improving disclosure, holding corporate officers accountable and protecting investors. Their work is not done. For the sake of American investors, I urge Congress to move quickly in appointing conferees and sending a strong final measure to the President’s desk before the August recess. - 30 -