If you're keeping track of victories in this campaign, this is a big one for the "win" column.
Just moments ago, the LA City Council voted to adopt the "big banks" bill into law. This is a huge blow to Wall Street banks that refuse to invest in our communities - and it only happened with your support.
Thousands of you wrote letters to the Council that were adopted into the official record. And dozens more took our message directly to the banks in L.A., where City Councilmember Richard Alarcon joined us to speak out against their harmful practices.
Los Angeles has among the largest financial portfolios in the country. They move billions of dollars through banks every year. Now, that money will go to financial institutions that invest in our communities instead of Wall Street's bonus pool.
And what we've done in L.A. is sparking action across the country. Just yesterday, hundreds of people were rallying against Wall Street greed in Jefferson City, MO and, before that, they were protesting at banks in Des Moines, IA and Minneapolis, MN.
We cannot let up. Next week, we'll be in Oakland, CA where the Bay Area is losing millions of dollars in bad deals with the big banks. We have momentum on our side. We're going to use it to take our country back from the greedy bankers on Wall Street.
And what we've done in L.A. is sparking action across the country. Just yesterday, hundreds of people were rallying against Wall Street greed in Jefferson City, MO and, before that, they were protesting at banks in Des Moines, IA and Minneapolis, MN.
We cannot let up. Next week, we'll be in Oakland, CA where the Bay Area is losing millions of dollars in bad deals with the big banks. We have momentum on our side. We're going to use it to take our country back from the greedy bankers on Wall Street.
