Tuesday, September 20, 2011

Don’t leash the watchdog!  

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!

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!

Click the link to take action!
https://secure.consumersunion.org/site/Advocacy?cmd=display&page=UserAction&id=2503

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