Brad Sherman
Maffei/Sherman Amendment to the Financial Stability Improvement Act of 2009
November 23, 2009 -- Congressman Dan Maffei offered an amendment, with Congressman Brad Sherman, to the Financial Services Committee to Financial Stability Improvement Act of 2009 last week. The amendment passed Committee by a vote of 52-17.
This Financial Stability Improvement Act sets up a regulatory structure to ensure that no company becomes “too big to fail” and ensures that our financial system will remain on sound footing. It prevents the sort of financial crisis that occurred last year. » read more »
Valley Research Institutes Receive Stimulus Funds from The National Institutes of Health
October 8, 2009 -- Washington, D.C. - Congressman Brad Sherman announced that research institutes in the San Fernando Valley are receiving nearly four million dollars in combined grant funding from the National Institutes of Health (NIH).
The American Recovery and Reinvestment Act (ARRA), also known as the Stimulus Bill, provides an unprecedented level of funding to the NIH to help stimulate the US economy through the support and advancement of scientific research. The NIH targeted projects that were likely to stimulate the economy, create or retain jobs, and have the potential for making scientific progress in 2 years. » read more »