"I am pleased that President Obama signed the financial regulation and reform bill into law today. This is landmark legislation, and I commend the Senate, the House and the President for their hard work over the last eighteen months.  

"The bill enacts important changes to our financial system that will safeguard consumers and implement the oversight necessary to prevent another crisis. There are still issues that need to be addressed, including credit rating agency reform. We also need to ensure that regulators stringently enforce key provisions of the legislation, particularly with regard to systemic risk.  

"The special interests nearly succeeded in derailing this legislation -- and we need to continue fighting against their influence in Washington. I applaud President Obama, Senator Dodd and Congressman Frank for relentlessly working to pass a law that benefits consumers, investors and our nation's economy."