Yesterday, Republicans – and some Democrats – took their first vote on the Senate floor for a bill to roll back Wall Street reform for big banks.
The bank lobbyists are thrilled. The American people? Not so much.
It’s outrageous. Roughly a third of all Democratic Senators voted with Wall Street yesterday and against working Americans in Massachusetts and across the country.
Here’s the crazy thing about what the Senate is doing this week: The vast majority of Americans – Democrats, Republicans, and Independents – do not support weaker financial regulations on Wall Street.
In a poll conducted by Americans for Financial Reform last year, 85% of Democrats, 81% of Independents, and 67% of Republicans said that Wall Street financial companies should be held accountable with tougher rules and enforcement.
That message doesn’t seem to have gotten through to the United States Senate. The people in Congress may have forgotten the crash ten years ago, but people in Massachusetts and across this country haven’t.