Washington DC – On Tuesday, groups with the Take on Wall Street campaign made their voices heard outside a Senate...
Archive for category: Statements and Press Releases
TOWS Press Release: Leading Members of Congress Propose An Agenda to Take on Wall Street
"Seven years ago this week the Dodd Frank act was signed into law, setting in motion measures to protect consumers and make the financial system more stable. Unfortunately, some lawmakers wish to turn back the clock and undo these reforms, and we are stepping up the fight to stop them. But the important work of defending Dodd-Frank must not be the end of the story. We need to do more to build a financial system that works for most Americans, not against them."
“Take on Wall Street” Statement: Time to Close an Egregious Loophole
"'It's hard to find a more egregious example of Wall Street billionaires rigging the rules for their own advantage than the carried interest loophole,' said Jon Green, Campaign Manager for the Take on Wall Street campaign. 'It is an outrageous and unfair benefit for the wealthy and powerful for no reason other than that they are wealthy and powerful. Every member of Congress should stand with Senator Baldwin and Representative Levin in supporting this bill.'"
TOWS Statement: Wall Street Watchdogs Blast Banking Committee for approving Clayton to Head SEC
"Jay Clayton’s entire career of representing major Wall Street banks, advancing their interests at the expense of the public, helping them avoid accountability, stands in contradiction to the very mission of the agency he has been nominated to lead... Those who voted in favor of his appointment -- both Democrats and Republicans --will have some explaining to do to constituents who are sick and tired of letting Wall Street continue rig the economy so all of the gains go to those at the very top.”