Help Elizabeth Warren Change Wall Street and Pass the 21st Century Glass-Steagall Act

Senator Elizabeth Warren has introduced a bill that would make the biggest banks simpler and smaller and once again end the public subsidy to Wall Street speculation.

By requiring banks to focus on lending to the real economy, the 21st Century Glass-Steagall Act would point the way toward a financial system that better serves consumers, small businesses and the nation as a whole.

Petition to Congress

 

We urge you to co-sponsor and work for passage of the 21st-Century Glass Steagall Act. Like its New Deal-era namesake, this bill would erect a wall between traditional banks and the risky world of investment banks and hedge funds.

More than five years after the financial crisis, the biggest banks are bigger than ever, and still engaged in large-scale financial speculation. Not enough has been done to end their "Heads I win, tails the public loses" practices. This legislation would make banks less massive and complex, and curtail their ability to use government guarantees to fuel Wall Street speculation. It would be a big step toward ending the era of banks that are Too Big to Fail – and jail, manage, or regulate.

We ask you to do all you can to get this crucial legislation enacted.



1-25 of 35616 signatures
Number Date Name Add a Comment
35616 6 days ago Ted Invie Yes of course, but ridding the language as noted is essential if more derivatives being played with ambiguously are part of the language within said Act or any other Act, in which is at the expense ...
35615 3 weeks ago E B
35614 1 month ago E.J. Pearcy The banks, in general, seem to have forgotten the salient fact that they operate by the permission and within the regulatory environment established by We the People with the intentions, among other...
35613 1 month ago Frank Michael Banks should not be gambling with our money!!
35612 1 month ago ruth reynolds y husband and I are among the millions of victims of the repeal of Glass-Steagall Act. We asking you to support Senator Warren's effort to bring back core provisions of the Act and help establish a...
35611 1 month ago norman Rogers
35610 1 month ago Hilary Hebert
35609 2 months ago Susan Spivack It's long past time to rein in the financial institutions that have already caused so much suffering to US citizens and the entire global population.
35608 2 months ago Joan Lemont
35607 2 months ago Terry Hall
35606 2 months ago Liane Casten
35605 2 months ago kevin orme
35604 2 months ago Anonymous Troubles and bubbles ahead!
35603 2 months ago Marcella Ciucki
35602 2 months ago Anonymous
35601 2 months ago Doriann Nydick
35600 3 months ago Elizabeth Martinez
35599 3 months ago Brenda Waun Stop the big spenders who make their money from the banking system and taking working Americans hard earned cash. It isn't enough that middle class Americans pay more income tax than corporations? ...
35598 3 months ago Alwine Tighi
35597 3 months ago Wes Howard
35596 3 months ago Anonymous
35595 3 months ago Kathleen La Chance When the Glass Steagall Act was repealed, some of the leading economists forecast that the result would be a financial crisis and perhaps a crash. It is interesting to note that the wife of one of ...
35594 3 months ago James
35593 3 months ago Anne Blanchard
35592 3 months ago Michele Wojnar
Next ->

Copyright © 2014 Public Citizen. All rights reserved. This Web site is shared by Public Citizen Inc. and Public Citizen Foundation.
Learn More about the distinction between these two components of Public Citizen.


Public Citizen, Inc. and Public Citizen Foundation

Together, two separate corporate entities called Public Citizen, Inc. and Public Citizen Foundation, Inc., form Public Citizen. Both entities are part of the same overall organization, and this Web site refers to the two organizations collectively as Public Citizen.

Although the work of the two components overlaps, some activities are done by one component and not the other. The primary distinction is with respect to lobbying activity. Public Citizen, Inc., an IRS § 501(c)(4) entity, lobbies Congress to advance Public Citizen’s mission of protecting public health and safety, advancing government transparency, and urging corporate accountability. Public Citizen Foundation, however, is an IRS § 501(c)(3) organization. Accordingly, its ability to engage in lobbying is limited by federal law, but it may receive donations that are tax-deductible by the contributor. Public Citizen Inc. does most of the lobbying activity discussed on the Public Citizen Web site. Public Citizen Foundation performs most of the litigation and education activities discussed on the Web site.

You may make a contribution to Public Citizen, Inc., Public Citizen Foundation, or both. Contributions to both organizations are used to support our public interest work. However, each Public Citizen component will use only the funds contributed directly to it to carry out the activities it conducts as part of Public Citizen’s mission. Only gifts to the Foundation are tax-deductible. Individuals who want to join Public Citizen should make a contribution to Public Citizen, Inc., which will not be tax deductible.

To become a member of Public Citizen, click here.
To become a member and make an additional tax-deductible donation to Public Citizen Foundation, click here.