Wall Street Reform
Unchecked Wall Street greed has led to the largest economic meltdown since the Great Depression. Wall Street bankers realized that they could make big money gambling with our retirement funds and mortgages. They offered gimmicky loans to confuse homebuyers. The financial industry won big with this scheme–and hardworking American families lost out when the housing bubble burst and the economy began to collapse. American taxpayers were ultimately on the hook to prevent a total economic collapse caused by Wall Street's bad behavior. The Wall Street Reform bill passed by the Senate will limit the risks big banks are allowed to take, will hold the financial industry accountable for future problems, and will create a consumer watchdog to limit financial products designed to enrich Wall Street by ripping off consumers.