After tanking our economy, helping to put us in an 11 million job hole and, to top it all off, taking hundreds of billions in taxpayer bailout dollars, the big banks are right back to business as usual: by lobbying against meaningful financial reform.
Instead of lending in their communities, they are choking off much-needed credit. And instead of working with Congress to develop good, commonsense regulations to prevent another financial meltdown, they are spending millions lobbying to protect their own narrow interests.
We can’t let it happen again. Regulating our financial markets is central to securing the economic future of America’s working families.
Hardworking Americans are angry, frustrated and fed up. Big Wall Street banks helped create our financial crisis and should pay to create the jobs they destroyed and accept commonsense regulations to ensure it never happens again.
The Senate is working on a financial regulatory reform bill right now. Take action today and tell your senators we're counting on them to fight for real reform that:
Creates an independent agency to protect consumers from predatory lenders.
Sheds light on the shadow financial system.
Puts mandatory limits on bank size and risky behavior.
Watch AFL-CIO President Richard Trumka discuss the 2010 Executive PayWatch. This year's PayWatch spotlights Wall Street bankers and their outrageous pay and lobbying efforts against financial reform. More Videos