Delay, delay, delay.
It's all the U.S. Chamber of Commerce seems to want these days.
Congress is reportedly delaying action on President Obama's consumer protection reforms. Why? Because the U.S. Chamber and big bank lobbyists complained for a delay.
More than 10,000 of you already took an important first step for financial reform by signing a petition for protecting bank workers. Thank you so much for your support.
But when it comes to fixing our economy, Congress needs to know it must not buckle under the pressure of the U.S. Chamber and big banks.
On every major initiative to help restore our economy - from healthcare to financial reform to the Employee Free Choice Act - banks and corporations have the same mantra: we need to wait, now's not the time, action now will hurt the economy.
But if not now, when? Our states and families are facing record financial misery. We need action sooner, not later.
Big banks and CEOs didn't mind quick action from Congress when they were begging for billion dollar bailouts. Now that they're flush with cash they want to stifle recovery for the rest of us and hang on to the same reckless business practices that toppled our economy in the first place.
It's past time for the U.S. Chamber and big banks to stop thinking about their next bonus or the latest and greatest way to scam consumers and taxpayers.
We need action on financial reform, and we need it now.
