Team,
Over $110 billion. That's how much the six biggest banks made in profit last year.
This record profit doesn't excuse the fact that again and again, Wall Street is caught engaging in practices that hurt hardworking Americans. Xavier isn’t standing for it.
Days ago, we filed a lawsuit against the SEC, a key Wall Street regulator, for their new “Best Interest Rule.” The rule favors Wall Street brokers over hardworking Americans who want to invest or save for retirement.
And in a separate case this week, we took action to hold Wells Fargo accountable for the bank’s predatory practices against African Americans and Latinos in Oakland.
We’re using every tool we have to fight greed, corruption and stand up for everyday Americans. Team, join Xavier in the fight for economic justice by urging continued action now:
Just a decade ago, millions of Americans had their savings wiped out and lives turned upside-down because of Wall Street's greed. We refuse to repeat history.
Team Becerra