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Tell Your Senators to Support the "Too Big to Fail, Too Big to Exist" Bill

Too Big to Fail Is Too Big to Allow - Occupy Wall Street

Where you bank and the credit card you swipe mean the difference between supporting too-big-to-fail mega-banks that have repeatedly failed our communities OR community development banks dedicated to thriving local economies and helping people and the planet.

Did you know that in addition to breaking up with your mega-bank, you can help break up the big banks? Send the message that allowing banks to become “too big to fail” is a big mistake!

This spring, Senator Bernie Sanders re-introduced legislation, the “Too Big to Fail, Too Big to Exist Act,” S. 1206, as he has done every year since the 2008 financial crisis. The bill requires regulators to identify too-big-to-fail banks and then to break them up within the year. 

The bill serves as an important reminder to policy makers that increasing concentration of wealth in the financial industry threatens our nation’s well-being. Astoundingly, several of the biggest banks are 80% larger now than they were in 2007. At the same time, many Americans still suffer the consequences of the 2008 crash.

Tell your Senator to co-sponsor the “Too Big to Fail, Too Big to Exist” bill!

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