Representative Nita Lowey

Representing the 17th District of New York

Survey: Should Congress ease regulations on big banks?

Instead of voting on legislation to protect Dreamers or prevent gun violence, the Senate is considering a legislative package that would ease regulations on large financial institutions, like Wall Street banks, put in place after the financial crisis.

According to the nonpartisan Congressional Budget Office (CBO), this legislation would increase the likelihood of a big bank failure and a subsequent taxpayer-funded bailout.

I want to hear what you think. Do you support easing regulations on big banks and other large financial companies?

 

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