To: Sen. Catherine Cortez Mast (NV-1)
Tell Harry Reid not to block Elizabeth Warren from the Senate Banking Committee
Elizabeth Warren is ideally qualified for the Senate Banking Committee, and has a strong history of fighting for the middle class, which is why big banks are doing everything they can to keep Senator-elect Warren off the committee, and keep it in their pocket.
Wall Street threw its weight behind Mitt Romney and Warren’s opponent Scott Brown, and in doing so, suffered a historic defeat. But even though Americans voted for more oversight, Wall Street still thinks it can control the body of government dedicated to keeping it in check. It’s time that we put our foot down.
Tell Majority Leader Harry Reid: Don’t block Elizabeth Warren for the Senate Banking Committee.
Senator-elect Warren is incredibly qualified or the position. She is a bankruptcy law expert, served as Congress' lead watchdog overseeing the $700 billion bank bailout from 2008 to 2010, and she conceived of and helped launch the Consumer Financial Protection Bureau (CFPB). In the words of hedge fund manager Shah Gilani, "At exactly the time that big banks don't want more oversight—or another potentially activist regulator—that's what they're getting."
That is precisely what we are going to get them. Currently, the Senate Banking Committee is stacked with industry-friendly Republicans, and chaired by Senator Tim Johnson, who’s two biggest donors have been Citigroup and JP Morgan. Together, we can let Harry Reid know that we voted for financial oversight, not for more of the same politicians bought out by Big Banking.
Wall Street threw its weight behind Mitt Romney and Warren’s opponent Scott Brown, and in doing so, suffered a historic defeat. But even though Americans voted for more oversight, Wall Street still thinks it can control the body of government dedicated to keeping it in check. It’s time that we put our foot down.
Tell Majority Leader Harry Reid: Don’t block Elizabeth Warren for the Senate Banking Committee.
Senator-elect Warren is incredibly qualified or the position. She is a bankruptcy law expert, served as Congress' lead watchdog overseeing the $700 billion bank bailout from 2008 to 2010, and she conceived of and helped launch the Consumer Financial Protection Bureau (CFPB). In the words of hedge fund manager Shah Gilani, "At exactly the time that big banks don't want more oversight—or another potentially activist regulator—that's what they're getting."
That is precisely what we are going to get them. Currently, the Senate Banking Committee is stacked with industry-friendly Republicans, and chaired by Senator Tim Johnson, who’s two biggest donors have been Citigroup and JP Morgan. Together, we can let Harry Reid know that we voted for financial oversight, not for more of the same politicians bought out by Big Banking.
Why is this important?
Wall Street campaigned to put its candidate in office and lost. Now it still wants to prove it runs Washington by blocking Elizabeth Warren from the Senate Banking Committee. This is Senate Majority Leader Harry Reid's decision, and we should let him know that we want Warren on the committee.