Group Will Livestream, Encourage Action During House Debate of Wall Street Giveaway Bill

Allied Progress Will Give Viewers Opportunity to Watch House Debate on Financial CHOICE Act and Contact Their Representatives in Real Time


WASHINGTON, D.C. – Today, as the House begins debate on the deceptively named Financial CHOICE Act (H.R. 10), Allied Progress is launching a livestream of the proceedings and giving viewers an opportunity to contact their representatives in real time to encourage them to oppose the giveaway to Wall Street special interests. When debate begins, the livestream can be viewed online at AlliedProgressLIVE.org.

The livestream video will be wrapped by an Allied Progress graphic alerting viewers that they can encourage their representative to oppose H.R. 10, the Financial CHOICE Act, by sending an email to their lawmaker by visiting WrongChoiceAct.org or by calling 1-866-776-2372 and being immediately patched through to their representative’s office.

The Financial CHOICE Act is a deceptively named Wall Street giveaway that would put our country at risk for another economic collapse. It rewards millionaire bankers and billionaire hedge fund managers while dismantling safeguards designed to protect American consumers after the 2008 financial crisis. Simply put, it is the wrong choice for working families and a reckless proposition we just cannot afford,” said Karl Frisch, executive director of Allied Progress.

He continued, “When hard-working Americans find out what their lawmakers are up to, they will not be happy. That is why we are making sure the public knows their representatives are trying to go back to the days of the financial Wild West when Wall Street special interests operated with impunity and put our economy at risk. We’re launching this livestream to give consumers and taxpayers an opportunity to see this happening in real time so they can carry a simple message to Congress – stop the giveaways to Wall Street and quit gambling with our future.”

Sponsored by Rep. Jeb Hensarling (R-TX), the so-called Financial CHOICE Act would allow big banks to gamble with taxpayer money, stop the government from monitoring financial institutions for signs of another crisis, and let credit card companies, banks, payday lenders, debt collectors, and other predatory financial industries trample the rights of consumers. It would also destroy the Consumer Financial Protection Bureau (CFPB), which has returned nearly $12 billion directly from financial predators to 29 million consumers who were ripped off.

To speak with Karl Frisch about the Financial CHOICE Act, please contact Tucker Middleton at 202-644-8526 or tucker@alliedprogress.org.

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Allied Progress uses hard-hitting research and creative campaigns to stand up to Wall Street and powerful special interests and hold their allies in Congress and the White House accountable.

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