Trump promised to rein in Wall Street billionaires. Instead, he’s giving them everything they want. Originally published on Other98.com...
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."
TOWS Statement: Make Wall Street Pay Its Fair Share in Taxes, Raise $1 Trillion in Federal Revenue
The Take On Wall Street campaign, a group of over 50 community groups, unions, consumer advocates and others today called on Senate Finance Committee Chairman Orrin Hatch to adopt tax reform measures that would raise more than $1 trillion in additional revenue, and discourage dangerous Wall Street speculation by requiring the financial services industry to pay its fair share of taxes.
Another Wall Street Bonus
By Bartlett Naylor, originally posted on CitizenVox. Thousands of bankers made millions of dollars causing the 2008 Wall Street crash, which...
State Action on Hedge Fund Loophole
By Sarah Anderson, originally posted on Inequality.org. The Illinois state senate is the first legislative body to pass a bill...
“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.'"
Building on the April Tax Marches
Grassroots activists are taking the tax justice fight to Goldman Sachs, demanding that Wall Street start paying its fair share....
“Goldman Sachs, Stop Looting America!”
As the deadline to mail checks to the IRS approached yesterday evening, organizers in New York were still protesting, and...
The Swamp Runneth Over
Originally posted on Other98. Just when you thought the Trump cabinet couldn’t possibly get any swampier, the Senate Banking Committee voted this...
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.”