Curbing Wall Street
Curbing Wall Street
The seeds of the 2008 financial meltdown were sown in a conservative ideology that worshiped Wall Street deregulation and devalued Main Street needs. We're fighting for an end to the idea that any financial institution is "too big to fail," a wall between basic banking operations and the high-risk, "casino"-type trading that blossomed in the past decade and put the economy at risk, and a government agency that stands up for ordinary consumers and small investors and finally brings balance to a system that has too often tilted to favor large financial institutions.
Blogs and Opinion
THE LATEST
BLOGS AND OPINION
How to Fix the Fed: Dismiss Dimon, Boot the Bankers, and Can the Corporations by Richard (RJ) Eskow, OurFuture.org | May 25, 2012
How to Fix the Fed: Dismiss Dimon, Boot the Bankers, and Can the Corporations by Richard (RJ) Eskow, OurFuture.org | May 25, 2012
Do the Bain Hustle by Robert Scheer, truthdig.com | May 24, 2012
Obama has to Explain Why Fairness is Essential to Growth (and Why Some Democrats Have to Stop Believing Otherwise) by Robert B. Reich, robertreich.org | May 24, 2012
The Case Against Tax Breaks for Private Equity by Jeff Madrick, OurFuture.org | May 23, 2012
10 Reasons To be Suspicious About Wall Street's Facebook Fiasco by Richard (RJ) Eskow, OurFuture.org | May 22, 2012
Bain's Not Just Fair Game, It's the Only Game by Michael B. Keegan, Huffington Post | May 22, 2012
The Occupy Movement and the Politics of Educated Hope by Henry A. Giroux, truthdig.com | May 22, 2012
The Bain of our Existence by Mike Lux, Huffington Post | May 22, 2012
Why Obama Should Be Attacking Casino Capitalism — Both Romney’s Bain and JPMorgan by Robert B. Reich, robertreich.org | May 22, 2012
Miller Harkin Act to Save Direct Lending
March 12th, 2010
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With word that Six Senators were expressing opposition to putting direct lending in the budget bill reconciliation -- which only requires sixty votes to pass the Senate -- Rep George Miller, Chair of the House Education and Labor Committee, and Tom Harkin, Chair of the Senate Education Committe, got to work. more » How Too-Big-To-Fail Bank Lobbyists Captured Washington
The financial services industry is spending more than $1 million a day fighting reforms in Congress, using a revolving door of former lawmakers, congressional aides and government officials. We name names and pull their activities out of the shadows.
Read our investigative report »
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Wall Street Showdown: Main Street Fights Back
Now that the Senate is beginning floor debate on a financial reform bill, the push is on to make the bill stronger, identify the obstructionists and rebut the arguments against robust reform. We are tracking the Senate debate with reporting, commentary and research from our blog team and other progressive media sources.
» FACT SHEET: Essentials for Real Financial Reform
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Senate Financial Reform Fight: Obstructionists Stall Reform
Forty-one senators blocked debate on a financial reform bill April 26. Democratic Sen. Ben Nelson joined 40 Republicans in voting to obstruct forward movement on changes that would prevent a recurrence of the conditions that led to the current recession and an unprecedented Wall Street bailout. We are identifying those who are standing in the way of reform and debunking their arguments.
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