When consumers make investments, we don’t get government-backed guarantees. Goldman Sachs shouldn’t either. Readers, you can help us stop Goldman and other Wall Street banks from getting government support for their risky trades. The Merkley-Levin amendment – cosponsored by Sens. Jeff Merkley (D-Ore.) and Carl Levin (D-Mich.) – to the Wall Street reform bill would [...]
Posts Tagged ‘economy’
Make your senators go on record
Posted in Congress, Financial Regulation, tagged Activism, banking, economy, financial reform, wall street on May 11, 2010 | Leave a Comment »
Wall Street reform must protect military, civilians from auto dealer financing fraud
Posted in Congress, Consumer Protection, Financial Regulation, tagged Consumer Protection, economy, financial reform on March 22, 2010 | 1 Comment »
As the Senate banking committee prepares to consider financial protection reform legislation, Public Citizen and Consumers for Auto Reliability and Safety (CARS) call on Congress to protect the military from predatory auto dealer financing — an enormous problem for troops and civilian consumers alike. Sen. Christopher Dodd’s (D-Conn.) Wall Street reform measure only partly closes [...]
More than 45,000 Tell Sen. Dodd: Stand Up to Wall Street!
Posted in Activism, Congress, Consumer Protection, Financial Regulation, tagged Activism, bailout, banking, cfpa, Congress, Dodd, economy, financial reform, lobbyists, petition, video on February 25, 2010 | Comments Off
Recently, a financial industry lobbyist said because Sen. Christopher Dodd (D-Conn.) is retiring, he is now free to “dance with the special interests that brought him to the dance in the first place. Us, his loyal donors in the banking community.” Nearly 46,000 concerned Americans joined Public Citizen and our partners in saying, “No way!” [...]
For the lobbyists? Or for us?
Posted in Activism, Financial Regulation, tagged banking, Dodd, economy, financial reform, lobbyists, money in politics on February 19, 2010 | 2 Comments »
Last year, Wall Street spent $29.8 million on lobbying to undermine financial reform — a jump in spending of 12 percent, according to the Los Angeles Times. Next week, Senate Banking Chairman Chris Dodd (D-Conn.) is expected to introduce legislation that is the result of months of bipartisan negotiation. But will it be the real [...]
Dodd voices support for constitutional amendment
Posted in Campaign Finance, Congress, Ethics, Financial Regulation, tagged Campaign Finance, Citizens United, Congress, constitutional amendment, corporate power, Dodd, Don't Get Rolled, economy, financial reform, government reform, money in politics, Supreme Court, wall street on January 21, 2010 | 1 Comment »
As you may already know, we’ve been working to make sure Senate Banking Committee Chairman Christopher Dodd (D-Conn.) stands up for the proposed Consumer Financial Protection Agency and serious financial reform. There have been rumors he might cave in to the corporate special interests on that – but his in his statement on Citizens United v. FEC, it [...]
Take this waltz …
Posted in Activism, Congress, Financial Regulation, tagged Activism, banking, Congress, economy, financial reform, lobbyists, wall street on January 14, 2010 | Comments Off
Recently, a financial industry lobbyist said because Sen. Christopher Dodd (D-Conn.) is retiring, he is now free to “dance with the special interests that brought him to the dance in the first place. Us, his loyal donors in the banking community” (from Politico). In fact, Dodd is now free to do the right thing and [...]
Financial reform moving forward
Posted in Activism, Congress, Financial Regulation, tagged Activism, Congress, corporate power, economy, financial reform, wall street on January 4, 2010 | Comments Off
Last month, Public Citizen activists rallied in New York City, Austin and more than a dozen locales across the nation following the financial reform victory in the U.S. House. We joined our Americans for Financial Reform coalition partners in demanding Wall Street and big bank executives use their $150 billion compensation and bonus pool to [...]
Taxing speculators — an idea whose time has come
Posted in Financial Regulation, tagged economy, financial reform, speculator, wall street on December 9, 2009 | 2 Comments »
How can the federal government generate a lot of money for such things as health care and jobs, while not harming the middle class or the poor? Through a speculation tax, that’s how. It’s a tax on trades of stocks, derivatives and other financial instruments – the things the wealthiest Americans trade the most. Just [...]
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