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
Bank Settlement: $25 Billion Down, $675 Billion to Go by Van Jones, OurFuture.org | February 10, 2012
Why Millions Won’t Get Help From Big Mortgage Settlement by Cora Currier, propublica.org | February 10, 2012
The Mortgage Deal with the Devil by Robert Kuttner, prospect.org | February 9, 2012
Foreclosure Fraud: Scoring the Deal, Continuing the Fight by Richard (RJ) Eskow, OurFuture.org | February 9, 2012
The Bank Deal: Ante Before The Cards Are Played by Robert Borosage , OurFuture.org | February 9, 2012
The GOP’s New Push To Defang The CFPB by Suzy Khimm, The Washington Post | February 9, 2012
John Galt is a Crybaby and So Are You by Richard (RJ) Eskow, OurFuture.org | February 8, 2012
The Zuckerberg Tax by David S. Miller, The New York Times | February 8, 2012
The Tax Expenditure Of The 1% by Andrew Fieldhouse, epi.org | February 8, 2012
The GOP's Nonsensical Attempt to Paint Elizabeth Warren as a Hypocrite by Paul Krugman, truth-out.org | February 8, 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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