In a speech on the Senate floor, Sen. Kaufman expressed strong support for President Obama’s recent reform proposal to limit the and scope of Wall Street banks – a move Kaufman considers key to addressing the risky, proprietary trading strategies now employed by the country’s largest banks, as well as the problem of financial institutions deemed “too big to fail.”
Sen. Kaufman announced on Jan. 22 that WhiteOptics LLC in Newark has received $1.5 million in federal stimulus funding to develop new energy-efficient lighting technology that will create local jobs in research and manufacturing.
Watch their wide-ranging discussion of Sen. Kaufman's efforts to hold Wall Street accountable and bring about needed systemic change.