For Immediate Release
Office of the Press Secretary
July 25, 2002

President Commends Congress for Passing Corporate Corruption Bill
Statement by the President

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Today's passage by Congress of corporate accounting reforms is a victory for America's shareholders and employees. House and Senate passage of this legislation demonstrates what can happen when leaders work together to solve problems. I look forward to signing these important reforms into law.

In February I also proposed tough changes to reform employee pension programs and the House quickly responded. I urge the Senate to act before they recess to protect the savings of America's workers.

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