One of the best ways forward, regarding the selling of the benefits of financial reform to the public, is for the president to nominate Elizabeth Warren as the Consumer Protection Agency’s first administrator. Since the final bill is so watered down, strict rules must be written, and Elizabeth Warren at the helm will convince Main Street taxpayers that this will get done and that the president really sides with the people over Wall Street.
Posts Tagged ‘consumer protection’
I’ve been watching the financial reform debate on C-SPAN. We need to call our senators and demand they include the following measures as a part of Wall Street financial reform: 1. audit the Federal Reserve–transparency is key, 2. stop the cops from working for the crooks on Wall Street–no more conflicts of interest, and 3. end too big to fail–break up those banks! Meanwhile, I send kudos to Senators Ted Kaufman (D-DE), Sherrod Brown (D-OH), Barbara Boxer (D-CA), and Bernie Sanders (I-VT). Continue looking out for the Main Street consumer, and stand firm. Senators Mark Udall (D-CO) and Michael Bennet (D-CO), my senators, tell me where you stand?