As Two financial giants told Congress not to kill a reform won by progressives and opposed by Wall Street lobbyists. Can you join as a citizen-signer of their letter to Congress? |
media reports have noted, a big policy victory resulted from our primary challenge to Sen. Blanche Lincoln.
When progressives attacked her for being a tool of big corporations, she offered a last-minute Wall Street reform proposal that the AP calls the “toughest” to pass the Senate. It restores Glass-Steagall-style rules that protect your bank deposits from being gambled away.
Conventional wisdom said Wall Street would kill this reform after the primary was over. But some big news just shocked the banks.
Two regional Presidents of the Federal Reserve — widely considered financial titans — wrote a letter calling on Congress to keep this proposal in the final bill.
We will deliver thousands of signatures to the key members of Congress who are negotiating the final Wall Street reform bill this week.
Plus, if thousands of us sign, we can generate a fresh round of media coverage around this letter — influencing the national debate and increasing the pressure on Congress to pass this big reform.
Our first goal is 10,000 signatures — can you help us reach it by signing today? Click here.
Thanks for being a bold progressive,
— Aaron Swartz, Adam Green, Stephanie Taylor, Shaunna Thomas, and the PCCC team
P.S. The Washington Post‘s Greg Sargent writes, “The Halter challenge was a show of force by the left. Period. If you don’t belive that, ask yourself why Lincoln suddenly found herself backing a tough-on-derivatives proposal in the Senate.” Progressives empowered these financial titans to speak out. Now, let’s elevate their voices by joining as citizen signers.





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