Dodd-Frank

2018 GQP Deregulation Of Banks Led To The Latest Bank Panic

by

Following the last banking collapse in 2008, caused by the banksters of Wall Street and their subprime mortgages fraud scheme, Congress enacted the bare minimum of new banking regulations in Dodd-Frank to prevent the so-called “too big to fail” banks from engaging in this kind of risky speculative investments again. Republicans were largely opposed to Dodd-Frank, … Read more

SCOTUS makes it easier for president to fire CFPB director

by

Republicans have been trying for years to kill the Consumer Financial Protection Bureau (CFPB) — the brainchild of Senator Elizabeth Warren — an agency responsible for consumer protection in the financial sector. Republicans were unsuccessful in killing the CFPB, but today the Supreme Court did give the president the freedom to fire the CFPB director. Donald … Read more

Democratic Candidates for Tucson’s CD2 Congressional Seat Renew their Demand for Gun Safety

by
Democratic candidates for Congress in CD2:
Democratic candidates for Congress in CD2: Yahya Yuksel, Billy Kovacs, Ann Kirkpatrick, Mary Matiella, Bruce Wheeler, Barbara Sherry and Matt Heinz.

On the day when a teenage shooter killed 10 and injured 10 at a Texas school, all seven of the CD2 Congressional candidates renewed their demand for gun safety legislation.

The candidate forum took place on Friday, May 18, for the residents at an active-living retirement community in Tucson. The candidates are Yahya Yuksel, Billy Kovacs, Ann Kirkpatrick, Mary Matiella, Bruce Wheeler, Barbara Sherry and Matt Heinz.

Mary Matiella

“My heart is broken over the shooting in Santa Fe, Texas. That is horrible. One more time we are just beyond ourselves with the pain we feel.”

“I have a cousin who was murdered in her home in front of her children. The most vulnerable are the children in schools. Women in the US are 15 times more likely to be killed by a gun than in other developed countries. We have to do something big. All we want is sensible gun legislation. We’re not trying to take on the Second Amendment. We should keep guns out of the hands of domestic abusers. Why would you not do that?”

Ann Kirkpatrick

“Just today my heart was broken one more time because 10 families are not going to have their children home for dinner because of a school shooting today. I was a law clerk for Judge John Roll when he was shot and Gabby was injured. It was something I’ll never, ever get over. Enough is enough.”

“Preventing gun violence has nothing to do with the Second Amendment. It says people in the US have a right to bear arms and to have a well-regulated militia. What we have is a completely unregulated system, that we need to have regulated to keep our children and victims of domestic violence safe, and to keep terrorists from getting guns in our country.”

Read more

The banksters of Wall Street get a little help from their friends in Congress

by

Wall.StreetLast week, the GOP bill to delay Dodd-Frank failed on a procedural vote, with Democrat Kyrsten Sinema joining Arizona’s GOP Caucus to lift regulations on the banksters of Wall Street who so badly want to return to speculative casino capitalism.

Well, Kyrsten Sinema repeated her sin yesterday in helping the GOP to pass the bill drafted by the banksters of Wall Street. The Hill reports House passes Dodd-Frank changes:

The House on Wednesday passed legislation, blocked by Democrats last week, that would delay the implementation of a controversial provision in the 2010 Dodd-Frank Wall Street reform law.

Passage fell largely along party lines by a vote of 271-154. Twenty-nine Democrats joined all but one Republican in support.

The 29 Democrats were Reps. Brad Ashford (Neb.), Ami Bera (Calif.), Don Beyer (Va.), Sanford Bishop (Ga.), Julia Brownley (Calif.), Cheri Bustos (Ill.), John Carney (Del.), Gerry Connolly (Va.), Henry Cuellar (Texas), John Delaney (Md.), Bill Foster (Ill.), Gwen Graham (Fla.), Brian Higgins (N.Y.), Himes, Derek Kilmer (Wash.), Ron Kind (Wis.), Rick Larsen (Wash.), Dan Lipinski (Ill.), Sean Patrick Maloney (N.Y.), Patrick Murphy (Fla.), Scott Peters (Calif.), Jared Polis (Colo.), Mike Quigley (Ill.), Raul Ruiz (Calif.), Kurt Schrader (Ore.), David Scott (Ga.), Terri Sewell (Ala.), Kyrsten Sinema (Ariz.) and Albio Sires (N.J.).

Read more