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Friend,
It has been
more than three years since the greatest financial crisis since the
Great Depression. It's long past time we stop just talking about accountability from Wall Street and the big banks that broke the system -- and start demanding it.
Washington
must hold the big banks accountable for irresponsible and illegal
actions, the point of an op-ed I published today in Politico. Real
accountability won't be easy, but the first steps toward overcoming
Wall Street's armies of lobbyists and making sure everyone follows the
law are simple:
1. The Senate must confirm Richard Cordray as director of the Consumer Financial Protection Bureau.
2. Our state
Attorneys General and federal enforcement officials must investigate
the illegal actions that broke the economy and, when evidence warrants,
prosecute them to the fullest extent of the law.
3. Congress must stop the late-night budget tricks designed to weaken agencies responsible for enforcing the laws.
For more than
a year, one story after another has come to light exposing how some of
America's largest financial institutions broke the law. In some cases,
their blatantly illegal behavior in the foreclosure process pushed
families out of their homes.
And as
stories of illegal behavior in Massachusetts and across the country have
come tumbling out, Wall Street has set new spending records hiring an
army of lobbyists to shift attention away from their wrongdoings.
As a result,
those who broke our economic system with crazy, dangerous mortgages
haven't been subject to full scrutiny -- because their allies in
Congress are blocking it.
Holding
Wall Street accountable is something we need to accomplish, not simply
as justice for those who were wronged, but to give middle-class families
everywhere a level playing field going forward.
Fighting for
the middle class means across-the-board, consistent accountability for
anyone who breaks the law -- no matter where they work or who their
friends are.
Thank you for joining me in this critical fight.
Sincerely,
 Elizabeth Warren
P.S. Please forward this email to your friends and families and encourage them to sign on too.
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