In a Senate hearing this week, Elizabeth Warren grilled a Treasury official about a major Wall Street bank (HSBC) that was caught laundering money for Al Quaeda and drug cartels -- repeatedly -- and only got a slap on the wrist.
In the video, it's clear that bank regulators aren't used to being told to go harder on the banks. We'll soon deliver your signature (and thousands of others) to the SEC demanding banks be brought to trial.
PCCC members can be proud that we worked so hard to elect Elizabeth Warren last year.
As you know, Warren previously grilled the top SEC official, who admitted they have no idea when they last took a bank to trial. This week, Warren underscored a core point:
"If you're caught with an ounce of cocaine, the chances are good that you're going to go to jail...but evidently if you launder nearly a billion dollars for drug cartels, your company pays a fine and you go home and sleep in your own bed at night. I think that's fundamentally wrong."
Watch her magical performance here -- and and donate $3 to help fund our grassroots work in support of Warren's agenda.
Thanks for being a bold progressive.
-- Adam Green, Stephanie Taylor, Michael Snook, Forrest Brown, Amanda Johnson, and the PCCC team
Want to support our work? We're entirely funded by our members—no corporate contributions, no big checks from CEOs. And our tiny staff ensures that small contributions go a long way. Chip in $3 here.
Paid for by the Progressive Change Campaign Committee PAC (www.BoldProgressives.org) and not authorized by any candidate or candidate's committee. Contributions to the PCCC are not deductible as charitable contributions for federal income tax purposes.
