customer unioln

Where is our Wall Street watchdog?
Hide Details

FROM:

Consumers Union

TO:

texas_long_horn2005@yahoo.com

Message flagged
Tuesday, September 20, 2011 11:51 AM
Message body

Consumers Union, Policy & Action from Consumer Reports

Dear Arnold,

There’s a lot of political game-playing right now in Congress. But one game is directly impacting your financial security – and if you are fed up, speak out today!

A group of 44 Senators are holding hostage the nomination of our first consumer financial watchdog – former Ohio Attorney General Richard Cordray – unless they get to weaken and politicize his ability to get tough on Wall Street, the big banks and credit card companies.

Every day this game is played, we remain vulnerable to more of the financial industry’s tricks, like the crooked mortgage tactics that helped get us into this economic mess!

Tell your Senators to approve Richard Cordray as our top financial watchdog, and let him do his job!

Richard Cordray is widely viewed as a great pick to fight for our financial rights. In just two years as Ohio’s Attorney General, he recovered over $2 billion wrongly looted by Wall Street banks and returned it to Ohio homeowners, taxpayers, pension funds and municipalities.

He’s strongly endorsed by consumer activist Elizabeth Warren, who helped create the Consumer Financial Protection Bureau and picked him to head its enforcement division. “Rich is smart, he is tough, and he will make a stellar director,” Warren said. And during his recent Senate confirmation hearing, no one said he's not qualified for the job.

But rather than letting Cordray get to work protecting consumers and rooting out wrongdoing, this block of Senators signed a pledge refusing to approve a director unless they can gut the watchdog’s independence – and hand it over to the same cozy regulators who were in charge when shady financial tactics helped collapse our economy!

Tell your Senators to end the games, and start protecting consumers. Approve Cordray’s nomination!

Thank you for supporting efforts to put hardworking Americans’ financial concerns ahead of the Wall Street lobbyists. And you take action, please forward this to friends and family so they can do the same!

Sincerely,
Pamela Banks
DefendYourDollars.org, a project of Consumers Union
1101 17th Street NW, Suite 500
Washington, DC 20036

You have Consumer Power Points! Earn more points. What are Power Points? Learn!

Your Privacy |


Change Email Preferences |


About Consumers Union
If you want to update your contact information please click here. Scroll down and enter (in the "Email me my password" box) your user name, which is texas_long_horn2005@yahoo.com and your email address, then we'll email you your password and you can log in to change your information. If you have any problems, please contact us by replying to this email.

If you do not want to receive action alerts like this one from Consumers Union of the U.S., you may permanently unsubscribe.
Reply to: Reply to Consumers Union
Send