Tell your Senators it’s time for Wall Street Reform!
Send this free message to your Senators and Banking Committee Leaders.
A year and a half after big banks' reckless behavior sank the economy and taxpayers had to bail them out, it's still business as usual on Wall Street.
The financial industry raked in profits and doled out bonuses, while spending $437 million lobbying Congress to kill reform in 2009.
Send your Senators, Senate Banking Committee Chairman Chris Dodd, and Ranking Member Richard Shelby, a message that it's time to rein in Wall Street.
More Information:
Members of the Senate Banking, where financial reform waits for action, took $41 million in campaign contributions from the financial industry since 2005. Ranking Member Shelby ($2.5 million from financial firms) is opposed to a strong consumer regulator, and news reports suggest Committee Chairman Dodd ($9 million in contributions) may fold on the issue. We know that big banks won't change their ways unless an independent consumer protection regulator has the power to write, and enforce, new rules of the road for lenders.
Send the email above to your U.S. Senators, and Senators Dodd and Shelby today. Tell them that half-measures won't do the job.
Read more on financial reform measures, including:
- An independent Consumer Financial Protection Agency.
- A financial speculation tax.
- Re-building the walls between commercial banks and securities firms so banks can't gamble with our money.
- Exchange trading of all over-the-counter derivatives.
Read more here, and at Americans for Financial Reform, a coalition including Consumer Watchdog of nearly 200 consumer, labor, retiree, community, investor, and civil rights groups that is fighting for real bank reform.
