April 23, 2010
Dear Senator Reid:
As members of Americans for Financial Reform, a coalition of more than 250 consumer, labor, investor, community, civil rights and business groups, we write to you today to convey our support for strong financial reform legislation that will prevent another financial crisis, end the casino economy, and hold big Wall Street banks accountable.
It has been nearly two years since American taxpayers were forced to bail out the big banks, whose reckless gambling brought them to the brink of ruin and almost took down the world financial system. It is time for the Senate to act, and we applaud you for bringing financial reform legislation to the floor that provides a framework for putting our financial system back to work for Main Street. We are urging Senators to support and strengthen this legislation, and to stand firm in your commitment to making the changes that our families and our economy need.