The Senate is set to vote THIS WEEK on a bill Politico calls “the biggest bank deregulation bill since the 2008 Wall Street meltdown.”
Champions like Elizabeth Warren and Sherrod Brown are leading the fight to defend President Obama's Dodd-Frank Act. But they can't do it alone.
There's no time to lose. The Bank Lobbyist Act (S.2155) would:
- Deregulate big banks that took $47 million in taxpayer bailouts during the economic crash, and raise the risk of another meltdown.
- Facilitate racial discrimination in lending, by letting 85% of banks stop reporting data about whether they push worse loans on communities of color.
- Cut oversight for foreign megabanks operating in the U.S., like Deutsche Bank and Santander.
Make your voice heard right now: Tell your senators to vote NO on the Bank Lobbyist Act.