Wall Street CEOs have enjoyed a cozy relationship with Washington for decades.
Did you see this headline?
Wall Street CEOs have enjoyed a cozy relationship with Washington for decades. That's how they've managed to:
- Avoid regulations that protect consumers, allowing banks to take on greater risk for greater potential profits—think Silicon Valley Bank from earlier this year.
- Use housing policy to their own benefit, making billions while housing costs rise for families across the country.
- Charge high overdraft and late fees on people living paycheck to paycheck, while CEOs making millions pocket the cash.
Nikki Haley isn't the only politician chatting with Jamie Dimon and his Wall Street friends. But I'm proud to be one of the very few Members of Congress who doesn't take a dime from Big Bank CEOs.
To get elected to the U.S. Senate and continue holding Jamie Dimon and Big Banks accountable, I'm counting on supporters like you. Can you chip in $5 today?
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—Katie Porter
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