In 2010, progressive champions in the Senate, including Senator Jeff Merkley of Oregon, fought to pass the Volcker Rule firewall, which restricts high-risk trading by big banks. The firewall, which is meant to protect taxpayers if Wall Street’s bad bets blow up, was met with opposition from big bank lobbyists. That’s why Sen. Merkley started a MoveOn Petition telling Federal Reserve Chairman Ben Bernanke to keep the so-called “JPMorgan Loophole,” which would blow holes in the firewall, out of the law.
Tag: volcker rule
Abortion Is Health Care
Republicans have been increasingly supporting radical positions on eliminating abortion to gain support across the nation, but this shouldn’t be an issue of red vs. blue—this is an issue of restricting access to health care for millions.Sign this Petition
Thank you, President Biden... Now, cancel all student debt!
by Natalia Abrams
President Biden must take the next step and cancel student debt for all. Research shows that debt cancellation is progressive. That means the more that is canceled, the more benefits reach people who need help. On top of that, canceling more debt will further advance efforts to address racial and gender equity issues.Sign this Petition
The Climate Crisis is Here: Tell President Joe Biden to Declare a Climate Emergency!
We can’t wait any longer. We need to decrease our dependence on fossil fuels—and as a result, decrease our support for greedy, corporate execs—to create new infrastructure that promotes a green, renewable energy future, with good jobs for people across the nation.Sign this Petition