Paulo Augusto --
On Thursday, the Senate passed historic Wall Street reform. This
movement proved again that the strongest special interests, who for so
long have called the shots in Washington, can be beat.
When opponents in Congress tried to block the legislation altogether,
you stood up -- and they backed down. When the lobbyists pushed for
loopholes and exemptions just before a final vote, you did not relent --
and we fought them off.
Your support brought us to this day -- and, because of that, we're
poised to implement sensible reforms that will provide a stronger
foundation for economic growth.
Now, the House and Senate must iron out their differences before I can
sign it into law. But the financial industry will not give up. They have
already spent more than $1 million per member of Congress, lobbying on
this issue. And in the coming days, they will go all in. This is their
last shot to stall, weaken, or kill reform, and they are not accustomed
But this movement has you -- and together, we have beaten the special
Please donate $5 or
more today to help Organizing for America continue to mobilize thousands
-- to counter the special interests' attacks and get strong Wall Street
reform to my desk.
Every American has a stake in this bill.
If you have ever been treated unfairly by a credit card company, this
reform works for you -- never again will Americans be duped by fine
print or hidden fees.
If you ever try to take out a home loan or student loan, this reform
works for you -- putting an end to predatory and deceptive lending
And, if you or your small business relies on credit from community banks
that are being punished for playing by the rules while their competitors
do not, this reform works for you -- reining in the big banks and making
sure all our lenders are subject to tough oversight.
These reforms would put in place the strongest consumer financial
protections in history. And, by helping safeguard our economy from
recklessness on Wall Street, it would ensure that a crisis like the one
that caused this recession never happens again.
This is not a zero-sum game where Wall Street loses and Main Street
wins. As we have learned, in today's economy, we are all connected. When
the economy prospers, we all win. Senators of both parties recognize
that fact, and that is why lawmakers stood up to the lobbyists and
worked across the aisle to ensure that Wall Street reform passed.
But this fight is not yet over. And it is up to us to overcome this
final test and pass reform into law. When we do, the power of this
movement to make change in Washington -- despite the best efforts of the
special interests -- will no longer be up for debate.
Please donate $5 or more today:
President Barack Obama
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