FOR IMMEDIATE RELEASE
DATE: May 16, 2010

AFR Demands An Up or Down Vote on Merkley-Levin Amendment

Washington, DC – Americans for Financial Reform is tired of opposition ploys to undermine Wall Street reform. After filibustering the entire bill for days and then failing at attempts to weaken reforms to hold big banks accountable, some Republicans appear to be back at it again, threatening to filibuster the Merkley-Levin amendment.  Wall Street wants to stop this amendment, which prohibits big banks like Goldman Sachs from betting against their clients and gambling with taxpayer-backed money for their own profit.

Heather Booth, Director, Americans for Financial Reform: “Clearly Goldman Sachs is now cashing in on its favors by having some Republicans block this amendment. The Senate cannot let Republicans pay back their Wall Street friends by preventing debate on reform that could have a real impact. We will not let the big banks win. We demand that these antics stop. We demand a majority vote on the Merkley-Levin amendment.”

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