We must create a banking system that works for every American—not just Wall Street CEOs—and enact and strengthen reforms that will protect our economy from another massive collapse. Tulsi is a cosponsor of legislation such as the Return to Prudent Banking Act (H.R.381) and the 21st Century Glass-Steagall Act (H.R.3711) to help protect Americans from big banks’ roll of the financial dice. To help ensure the financial stability of our nation, Tulsi is continuing to fight against dangerous behavior on Wall Street where investors take big risks on the backs of American taxpayers. She has urged criminal investigations of Wall Street executives who take money from American taxpayers, such as what recently happened with Wells Fargo, the nation’s largest “too big to fail” bank.
As the Wall Street mortgage-backed securities fraud collapsed the United States economy Florida began to get hammered. Heavily weighted in Florida loans, targeted Florida homeowners of these failing trusts were the first to feel the brunt force of foreclosures.
From the financial force majeure grew a group of “warriors” that knew something was wrong and they began combing the county records for clues. Among the first of the warriors was Lisa Epstein, an oncology nurse in Palm Beach County, Florida who started noticing something new — and unsettling — as patients talked about their struggles. Not only were her patients and their families coping with a serious diagnosis and the cost and side effects of treatments, but more and more of them were also facing the loss of their homes. Continue reading