Yesterday Senate Majority Leader Mitch MCconnell announced he will be bringing to vote in the Senate this week two stand-alone COVID-19 relief packages. On Tuesday, he will put to vote a Paycheck Protection Program bill to help small businesses, and on Wednesday he will bring back the same $500 billion stimulus package Democrats rejected last…
Last May 15, the House passed a sweeping $3 trillion relief package that would provide another round of stimulus checks for Americans, extend unemployment benefits, broaden the social safety net, and, of great importance, provide relief funding to states. States, of course, and local governments for that matter, are taking a huge hit. Not only…
Appeals Court rules that Bank of America is too big to levy a fine against after a jury found the megabank guilty of fraud in mortgage crisis.
“Republicans in Congress insist on using this issue to give relief to community banks as a Trojan Horse for rolling back protections for consumers and rolling back the rules for the biggest banks.”
Sen. Bernie Sanders has introduced a bill that would break up the big banks/ financial institutions that crashed the economy. The end of too big to fail could open the door to criminal prosecutions.