FOR IMMEDIATE RELEASE
Wednesday, July 29, 2015
Contact: Jeff Gohringer, 202-618-6430 or jgohringer@bettermarkets.com
Better Markets on Gov. Rick Perry’s Support for a Glass-Steagall-like Law
**Click here to download Better Markets’ Glass-Steagall fact sheet**
Washington, DC — Better Markets President and CEO Dennis Kelleher issued this statement on Gov. Rick Perry’s support for a Glass-Steagall-like law to separate lower-risk traditional commercial banking from higher-risk investment banking:
“Gov. Rick Perry has joined candidates like Gov. Martin O’Malley and Sen. Bernie Sanders in support of putting Glass-Steagall-like protections back into place to protect the American people from another devastating financial crash. Voters of both parties support strong, meaningful financial reform, and a growing number of Presidential candidates on both sides of the aisle support protecting families on Main Street from the high-risk activities on Wall Street. All candidates should make clear whether they support reinstating a Glass-Steagall-like law to provide layers of protection for America’s hardworking families and make sure they never again have to pay for bailing out Wall Street.”
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Better Markets is a non-profit, non-partisan, and independent organization founded in the wake of the 2008 financial crisis to promote the public interest in the financial markets, support the financial reform of Wall Street and make our financial system work for all Americans again. Better Markets works with allies – including many in finance – to promote pro-market, pro-business and pro-growth policies that help build a stronger, safer financial system that protects and promotes Americans’ jobs, savings, retirements and more. To learn more, visit www.bettermarkets.com.
