On Tuesday, Sen. Elizabeth Warren (D-MA) headlined an event that launched a new coalition calling itself “Take On Wall Street.”
The group includes lawmakers like Warren, Reps. Keith Ellison (D-MN) and Nydia Velazquez (D-NY), labor leaders like the AFL-CIO’s Richard Trumka and the AFT’s Randi Weingarten, as well as civil rights groups, community groups, and the organizing giant Move On.
It aims to put pressure on lawmakers at all levels to pass stricter rules governing the financial system.
Operating on two principles — “No cheating, and no pushing the risks on taxpayers,” as Warren put it — it’s making five key demands: breaking up the biggest banks; ensuring access to non-predatory banking products, including through the United States Post Office . . . .
Did she say the U.S. Post Office? I kinda like that idea . . .