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 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
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
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American farmers are the backbone of our country. They feed America, and help feed the world. But over the years, trickle-down economics has hit rural America hard. 1/13 #DemPartyPlatform2024 #farmers #agriculture #HarrisWalz2024
#Farming costs have gone up & incomes have gone down.Big Agriculture moved in,telling too many small farms that the surest path to success was to get big or get out. As a result, we lost over 400,000 farms in the last 40 years, & rural communities have paid a steep price. 2/13
Too many young people have had to leave their hometowns to find good-paying work & a shot at their dreams.
#Democrats believe that no one should have to leave the community where they grew up just to find opportunity. 3/13 #DemPartyPlatform2024 #Agriculture #YoungPeople
At the start of the Biden-Harris Administration, in the midst of the worst economic crisis in 100 years, experts feared a stagnating recovery and even worried about a new recession. 1/11 #DemPartyPlatform #HarrisWalz2024
But #Democrats chose to put workers first, and instead of recession, America has seen remarkable strength and resilience. Our economy grew by 3.1 percent last year – the fastest rate of any major economy in the world. 2/11 #DemPartyPlatform2024 #HarrisWalz2024 #EconomyMatters
#Democrats added nearly 16 million jobs – not only recovering all the positions lost during Trump's botched handling of COVID, but also adding 6.3 million more than existed before the pandemic – surpassing pre-pandemic projections for the labor market. 3/11 #HarrisWalz2024
There are many of @HC_Richardson “Letters from An American” that should be highlighted. This one is of vital importance because it summarizes where we find ourselves today as we #resist those who mean to strip our rights, protections & freedom. open.substack.com/pub/heathercox…
1/23
According to the nonpartisan Economic Policy Institute, legislatures in at least ten states have set out to weaken federal child labor laws. 2/23 #PayAttentionAmerica#ChildLabor
In the first three months of 2023, legislators in IA,MN,MS,NE,OH & SD introduced bills to weaken the regulations that protect children in the workplace & in March, Arkansas governor Sarah Huckabee Sanders signed a law repealing restrictions for workers younger than 16. 3/23
STATEMENT from #WhiteHouse PLEASE read!>>Congressional Republicans have laid out their mega MAGA trickle-down economic plan clearly. Their economic plan will raise costs and make inflation worse. Their five part plan includes:
1/24 #BlueIn22#RepublicansAreHarmfulToAmericans
“GOP wants to push to extend Trump tax cuts… Republican lawmakers gear up to push 2017 tax law after midterm elections, despite potential impact on inflation.” Washington Post 10/17/22 #RepublicansAreTheProblem#VoteBlueIn2022
#Thread Below is a statement from Sarah Jaynes, a key advisor to the Winning Jobs Narrative project and the Executive Director of the Rural Democracy Initiative: 1/11 #RuralDemocracyInitiative
Voters in small cities and rural communities are working people, through and through. They believe in their communities and in this country, even when the country fails to prioritize them and rural economies struggle. 2/11 #RuralVoters#DemPriorities#WorkingAmerica
Some right wing leaders have tried to exploit the economic anxiety that many rural Americans justifiably feel.But the Biden Administration & current Congressional majority have taken action with the greatest investments in rural America in the last 50 years. 3/11 #DemPriorities
New York Times reported on how oil and gas lobbyists are plotting with Republicans in Congress to keep costs high by repealing billions of dollars in consumer energy electrification incentives that were part of the Inflation Reduction Act. 2/7