Tag Archives: Bill Nelson

You’ll Never Guess How Big Banks Want the Fed to Handle the Coronavirus: More Wall Street Deregulation

“Surely, the big banks aren’t craven enough to use COVID-19 as an excuse to lobby for long-sought regulatory rollbacks, right? Wrong!”

By Jessica Corbett, staff writer for Common Dreams. Published 3-3-2020

The Bank Policy Institute, a lobbying group for big banks, drew criticism for a policy memo suggesting financial deregulation as a response to the coronavirus outbreak. (Photo: Phillipp/Flickr/cc)

A lobbying group for big banks in the United States came under fire Tuesday from financial industry experts for pressuring federal officials to push through long-sought regulatory rollbacks in response to the worldwide economic concerns sparked by the global coronavirus outbreak.

On Sunday, Bank Policy Institute (BPI) chief executive Greg Baer, head of research Francisco Covas, and chief economist Bill Nelson published a post on the group’s website entitled “Actions the Fed Could Take in Response to COVID-19.” The BPI is a lobbying group whose members include Bank of America, Citigroup JPMorgan Chase, and Wells Fargo. Continue reading →

‘Yemen Can’t Wait’: Ahead of War Powers Vote, Urgent Push for Senate to End US Complicity in Saudi Atrocities

“The Saudi-led intervention in Yemen, with U.S. support, has killed thousands of civilians. Over 85,000 children have died of starvation. Enough is enough.”

By Jake Johnson, staff writer for Common Dreams. Published 11-27-2018

“It’s long past time to end U.S. support for Saudi Arabia’s devastating war in Yemen,” Peace Action wrote on Twitter. (Photo: CodePink/Twitter)

With a vote on Sen. Bernie Sanders’ (I-Vt.) resolution to end U.S. complicity in the Saudi-led assault on Yemen expected as early as Wednesday, grassroots anti-war organizations are ramping up pressure on Democratic senators who sided with the Republican majority in voting down the same measure earlier this year and demanding that Senate Minority Leader MChuck Schumer (D-N.Y.) act on his words by co-sponsoring the resolution.

“The Saudi-led intervention in Yemen, with U.S. support, has killed thousands of civilians. Over 85,000 children have died of starvation. Enough is enough,” Sanders, who introduced the bill alongside Sens. Mike Lee (R-Utah) and Chris Murphy (D-Conn.), declared on Tuesday. “The Senate must vote to end U.S. support for this war.” Continue reading →

Corporate Tech Giants Invited, But Consumer Advocacy Groups Shut Out of Senate Hearing on Data Privacy

“The absence of consumer representatives all but ensures a narrow discussion, focused on policy alternatives favored by business groups.”

By Jessica Corbett, staff writer for Common Dreams. Published 9-19-2018

More than two dozen consumer groups are urging the Senate Commerce Committee to reconsider its witness list—which only includes industry representatives—for an upcoming hearing on data privacy policy. (Photo: Blogtrepreneur/flickr/cc)

While representatives for Apple, AT&T, Amazon, Charter Communications, Google, and Twitter are all slated to testify at a Sept. 26 Senate hearing about safeguarding consumer data privacy, the nation’s leading consumer advocacy groups weren’t invited—and they’re not happy about it.

In a letter (pdf) to the leaders of the Senate Committee on Commerce, Science & Transportation on Wednesday, 28 groups expressed their “surprise and concern that not a single consumer representative was invited to testify” and called on committee Chairman John Thune (R-S.D.) and Ranking Member Bill Nelson (D-Fla.) to reconsider the witness list. Continue reading →

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Tag Archives: Bill Nelson

You’ll Never Guess How Big Banks Want the Fed to Handle the Coronavirus: More Wall Street Deregulation

“Surely, the big banks aren’t craven enough to use COVID-19 as an excuse to lobby for long-sought regulatory rollbacks, right? Wrong!”

Corporate Tech Giants Invited, But Consumer Advocacy Groups Shut Out of Senate Hearing on Data Privacy

“The absence of consumer representatives all but ensures a narrow discussion, focused on policy alternatives favored by business groups.”