Donald Trump is handing our democracy over to corporations.

Last Friday, to Wall Street's delight, President Trump signed an executive order making it easier to peel back key Wall Street regulations and making it easier for big banks to take advantage of everyday Americans.

Trump campaigned on a promise to “drain the swamp” of Washington power brokers tied to corporations. But he’s done the exact opposite, undermining Dodd Frank -- empowering big banks to resume the same reckless behavior that led us to the 2008 global financial crisis, appointing Exxon CEO Rex Tillerson as Secretary of Stated 

With Trump’s corporate agenda made clear, it’s up to Congress to stop this corporate takeover in its tracks.

Tell Congress to stand up for the American people and stop Trump's corporate coup.

Passed in 2010, the Dodd-Frank Wall Street Reform Act gave new powers to regulators to rein in high-risk lending on Wall Street. One of the authors that legislation, Barney Frank, warned that Trump’s executive order could lead to a new buildup of the same sort of “unrepayable debt” that led to the historic bubble burst in 2008.

We all were hit hard by Wall Street’s recklessness: some 2.6 million jobs were lost in 2008 alone. But we’ve made important progress since then, thanks in part to pressure from concerned citizens like us who have urged Washington to do a better job of regulating big banks behavior.

We can’t sit by and watch Donald Trump deregulate his way into another financial crisis. The good news is that Democratic opposition to a Dodd-Frank repeal makes Congressional deregulation unlikely. But we need to make sure our elected officials stand strong to their commitment to serve the people, not Wall Street profits.

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