We’re close to winning the new rules of the road for the big banks and Wall Street that will stop them from driving our economy off another cliff. But first we have to beat back the attempts to kill the hard-fought commonsense reforms we’ve brought this far.
We’re going to war with the big banks and their lobbyists next week. The financial reform package passed by Rep. Barney Frank’s (D-Mass.) committee during the past several months of consideration, debate and votes will finally be voted on by the entire House of Representatives. This bill contains much of what we’ve advocated to rein in greed and risk-taking on Wall Street and put the safety and security of Main Street first.
But you can be sure that the big banks and Wall Street are pulling every trick in the book to try to prevent the passage of these significant reforms.