Stand with Warren: Stop this Dangerous Wall Street Giveaway Send a message, stand with Elizabeth Warren, and tell House Democrats to reject this Republican provision: Elizabeth Warren (D-MA) accused Republicans on Wednesday of taking direction from the banking industry in adding a last-minute provision to a $1.1 trillion government funding bill. “This was a provision added by CitiGroup lobbyists,” Warren told MSNBC host Rachel Maddow. “I mean, they literally wrote it. They took it back, re-edited it and made sure it said exactly what they wanted it to say.” (source) The provision would repeal one of the most important reforms following the 2009 financial collapse, one that required that banks separate highly risky derivative transactions from normal bank accounts, which are federally insured. Put more simply, if this provision stays in, your tax dollars would be helping to fund the exact same kind of risky behavior that led to the collapse in the first place. Stand with Elizabeth Warren, and demand that this provision be stripped from the funding bill. (Petition not loading? Click here for the unformatted version)
Posted on: Thu, 11 Dec 2014 19:01:47 +0000
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