Lucas, Sen. Elizabeth Warren is warning that Republicans and corporate
Democrats plan to use must-pass end-of-year spending bills to benefit
big banks. The
Wall Street holiday wish list
includes attacks on consumer protections and rollbacks of the Dodd-Frank
financial reform law that would cost struggling families money and put
all of us at risk of another crash.
Sign the petition from CREDO and Daily Kos: I stand with Sen. Warren. No holiday handouts for Wall Street.
Wall Street is determined to undermine the Consumer Financial Protection Bureau, created by Sen. Warren, by replacing its tough leader with a gridlocked commission. Republicans are also trying to exempt all but the biggest banks from financial regulation, and block President Obama’s Labor Department from instituting new rules to help protect investors from shady, self-serving investment advisors.
As we get closer to the deadline to pass end-of-year spending bills, you can expect the misleading rhetoric to heat up. There is a very real risk that corporate Democrats will buy the lies and parrot false arguments – so it is up to us to fight back.
We need to make it absolutely clear that no member of Congress – and certainly no Democrat – should use must-pass legislation to do Wall Street’s bidding.
Sign the petition.
Keep fighting,
Monique Teal, Daily Kos