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As most Americans struggle to pay their share, we can’t help but notice that Wall Street is not. Many of the economic problems we face today, from deficits to unemployment, were in large part created by …
“We are deeply disappointed by the Senate passage of the so called “JOBS Act.” With the country still suffering from hard times and high unemployment in the wake of the financial crisis, it is almost unbelievable that the Senate would rush passage of measures that will undermine transparency and accountability in the capital markets, and expose our families to a new round of fraud and abuse. But that is what they have done.”
The so-called “JOBS Act,” which guts a host of investor protections, including those put in place in the wake of the Enron scandal and the financial crisis, was rushed through the House without any attention to its potentially devastating impact on investors, market transparency, and the integrity of our capital markets. It is up for votes in the Senate today, and Senators will have a last chance to stop it from racing through as is, and to demand improvements to protect investors and the public.
Support for a Wall Street Speculation Tax has been spreading across the nation with more grassroots groups calling for a tax on reckless Wall Street speculation than ever before. To move forward on winning this policy change, we need members of Congress to step up and support Wall Street speculation taxes. Write your Senators and Representatives and ask them to support a Wall Street Speculation tax.
Consumers won today when President Obama defied Wall Street interests to make a recess appointment of Richard Cordray to head the Consumer Financial Protection Bureau. President Obama stood with consumers and families in making this crucial decision.
Tell Your Senators to vote to support the nomination of Rich Cordray to direct the Consumer Financial Protection Bureau.
Rich Cordray will make an effective leader for the CFPB. He has an impressive and balanced record …