Republicans are getting ready to shred the rules on 25 of the 38 largest banks in the country…and 16 Democrats are helping them do it! Alexis discusses the #BankLobbyistAct and tells you what you can do to stop it.
The Democrats supporting the #BankLobbyistAct are voting for: Making discrimination in lending easier https://www.pbs.org/newshour/economy/making-sense/opinion-how-this-senate-banking-bill-could-open-the-front-door-to-housing-discrimination
More likely future bailouts, per the Congressional Budget Office https://www.washingtonpost.com/news/wonk/wp/2018/03/05/senate-banking-bill-would-boost-the-chances-of-more-bank-bailouts-cbo-report-says/?utm_term=.80368d08049c
Rolling back the rules on foreign banks + big U.S. banks https://www.americanprogress.org/issues/economy/reports/2018/02/28/447264/fact-sheet-senates-bipartisan-dodd-frank-rollback-bill/
MENTIONED ON THE SHOW
The 16 Democrats who voted to advance the BankLobbyistAct
Banks that finance assault weapons manufacturers
Call script from Indivisible: https://www.indivisible.org/resource/republicans-planning-unravel-wall-street-reform/
Image via Fibonacci Blue on flickr
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