With American families struggling in the wake of a crippling financial crisis, they want to know that Washington is doing something to protect consumers from exploitation at the hands of the big banks that got us into this mess.
The Senate bill that Republicans are blocking will provide the strongest consumer financial protections in history, while ensuring that American taxpayers are never again forced to bail out a Wall Street firm "too big to fail."
Sadly, instead of working to debate and revise the bill, Republicans in the Senate are teaming up with the big banks. In fact, press reports confirm that Republican leaders have been meeting privately all month with Wall Street executives, plotting to weaken the bill. With their votes, it appears they're intent on carrying out that plan.
But President Obama has made it clear that any reform bill that doesn't go far enough to rein in the big banks is not acceptable. He's counting on us to speak up.
The Senate bill that Republicans are blocking will provide the strongest consumer financial protections in history, while ensuring that American taxpayers are never again forced to bail out a Wall Street firm "too big to fail."
Sadly, instead of working to debate and revise the bill, Republicans in the Senate are teaming up with the big banks. In fact, press reports confirm that Republican leaders have been meeting privately all month with Wall Street executives, plotting to weaken the bill. With their votes, it appears they're intent on carrying out that plan.
But President Obama has made it clear that any reform bill that doesn't go far enough to rein in the big banks is not acceptable. He's counting on us to speak up.