Last year's financial crisis made it clear what happens when Wall Street behaves recklessly – millions in lost jobs, billions in taxpayer-funded bailouts, and trillions in lost retirement savings.
Now Congress has a chance to hold Wall Street accountable by passing strong financial reform that will protect consumers and small businesses and promote long-term economic growth.
But Wall Street lobbyists are working hard to prevent real reform.
AARP is leading the call for Congress to protect consumers by passing real financial reform that:
- Cracks down on the abuses and deceptive practices of credit card companies;
- Increases stability for small businesses;
- Prevents predatory lenders and irresponsible borrowers from entering into loans they know cannot be paid back; and
- Sets limits on pay for CEOs and executives whose companies receive government assistance.
It's time to protect Americans who play by the rules – and lay the foundation for a financial system that promotes stability and secures America's financial future.
Tell Congress to stand up to Wall Street and support strong financial reform now!
We all know that real financial reform is not going to be easy. But, with your help, they're starting to get the message that they work for us, not the big banks.
Thanks, and I'll be in touch soon with updates from Capitol Hill.
Sincerely,
GranPa Chuckhttp://nfpcar.org/Grand/
