CPC Statement on S. 2155: The Bank Lobbyist Act
March 8, 2018
Congressional Progressive Caucus Co-Chairs Rep. Raúl M. Grijalva (D-AZ) and Rep. Mark Pocan (D-WI) released the following statement on S. 2155, the so-called "Bank Lobbyist Act," which is being considered on the Senate Floor this week. S. 2155 would significantly weaken the landmark Dodd-Frank reforms created in the wake of the 2008 financial crisis and, according to the non-partisan Congressional Budget Office, make it more likely that the biggest banks in America could collapse and require another taxpayer-funded bailout.