Thread by @didikins4life

This is the #DemPartyPlatform for 2020. This section is called: Curbing Wall Street Abuses..Only one party has a specific plan for leveling the playing field for #WorkingAmericans..the other has done nothing but pledge their loyalty to a corrupt billionaire 1/11

The scars of the financial crisis that triggered the Great Recession are still present in our economy and our society. Financial institutions should never be “too big to fail.” 2/11 #DemPartyPlatform #financialsectorcleanup

#Democrats will work to reverse the over-financialization of the American economy and curb Wall Street speculation 3/11 #DemPartyPlatform #financialsectorcleanup

#Democrats will maintain and expand safeguards that separate retail banking institutions from more risky investment operations, and ensuring Wall Street investors pay their fair share in taxes.4/11 #DemPartyPlatform #financialsectorcleanup

#Democrats will strengthen and enforce the Obama-Biden Administration’s Dodd-Frank financial reform law, including the Volcker Rule, to protect American workers from the impacts of future financial crises, and will support an updated and modernized version of Glass-Steagall. 5/11

And when justified by the law, #Democrats will back criminal penalties for reckless executives who illegally gamble with the savings and economic security of their clients and American communities.6/11 #DemPartyPlatform #financialsectorcleanup

#Democrats will expand access to credit by creating a public credit reporting agency to provide a non-discriminatory credit reporting alternative to the private agencies, and will require its use by all federal lending programs, including home lending and student loans. 7/11

And #Democrats will strengthen banking regulations, including the Community Reinvestment Act, to ensure equitable access to credit and banking products for all Americans, 8/11 #DemPartyPlatform #financialsectorcleanup

#Democrats will reinvigorate the Consumer Financial Protection Bureau (CFPB) to ensure that banks, financial institutions, and lenders cannot prey on consumers.9/11 #DemPartyPlatform #financialsectorcleanup

#Democrats commit to revisit and repeal sections of existing #bankruptcy law that frequently lead to debtors losing their home as the result of medical debt, divorce, job loss, or just bad luck. 10/11 #DemPartyPlatform #financialsectorcleanup

Dems will also give bankruptcy judges authority to "cram down," or modify,mortgages for primary residences during bankruptcy proceedings, so working families can benefit from the same debt relief tools currently available to those who own assets like vacation homes & yachts.11/11