Wall Street investment bank JP Morgan took risky bets and just lost two billion dollars of other people’s money.
Elizabeth Warren says: “With the Progressive Change Campaign Committee, I’m calling on Congress to put Wall Street reform back on the agenda and to begin by passing a new Glass-Steagall Act. This was the law that stopped investment banks from gambling away people’s life savings for decades — until Wall Street successfully lobbied to have it repealed in 1999.”
Join Elizabeth Warren and the PCCC on this petition, which we will deliver to Congress — sign on the right.
It’s time for Congress to put Wall Street reform back on the agenda. We support passing a new Glass-Steagall law to prevent too-big-to-fail Wall Street banks from taking huge risks with people’s life savings — and then expecting taxpayer bailouts.
Image Source: Progressive Change Campaign
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