Russ Feingold

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Things have been moving pretty quickly lately in the interlocking worlds of politics and financial reform. While there is a lot we don't know, here are three statements we can probably make with a high degree of certainty:

1. If the banks had been on the ballot yesterday voters in both parties would've voted them down.
2. A couple of determined Senators can make a difference.
3. If you want to rally the troops, don't use Larry Summers as your general. more »

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The Senate Budget Committee nearly voted to break up Wall Street's biggest banks. But four Democrats helped pro-Wall Street Republicans kill an amendment from Bernie Sanders that would "require the divestment of any financial institution the failure of which would pose a systemic risk to the economy."

Republican Senator Jim Bunning, on the other hand, crossed the aisle to vote for the bill along with nine Democrats.

The four Democrats who helped rescue the big banks were Kent Conrad, Mark Begich, Mark Warner, and Bill Nelson. If you live in North Dakota, Alaska, Virginia, or Florida, you might want to let your Senator know how you feel about what they just did. And here's a promise: When Senators like these serve their banking masters at their nation's expense, we intend to let you know about it. more »

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