Ocasio-Cortez, other Democrats squeeze big banks on guns, immigration, climate

[DonViejo]

"Not everything has to be done through legislation explicitly," Ocasio-Cortez told POLITICO.

By ZACHARY WARMBRODT 03/23/2019 06:42 AM EDT

More than a decade after Wall Street's crash wrecked the global economy, House Democrats are threatening to stigmatize the nation's biggest banks again.

Progressive freshmen like Reps. Alexandria Ocasio-Cortez (D-N.Y.) and Ayanna Pressley (D-Mass.) are joining with veteran lawmakers to try to shame the lenders into taking a stand on some of the country’s most divisive issues: climate change, gun violence and immigration.

The lawmakers are leveraging seats on the powerful House Financial Services Committee and a huge following on social media to confront finance industry executives and discourage them from funding oil pipelines, firearms makers and private prison companies that operate immigration detention centers. Like-minded activist groups are helping amplify the message.

Ocasio-Cortez, who has nearly 3.8 million Twitter followers, received more than 30,000 retweets this week for three posts targeting JPMorgan Chase and Wells Fargo.

"There's more than one way to skin a cat, and not everything has to be done through legislation explicitly," Ocasio-Cortez told POLITICO. “We can also use the tools that we have here to pressure change in other ways as well."

more
https://www.politico.com/story/2019/03/23/ocasio-cortez-banks-guns-immigration-climate-1289321

[ck4829]

1. K&R

[BobMcWan]

2. My head hurts... which way is up?

From the article: "Sens. Kevin Cramer (R-N.D.) and John Kennedy (R-La.) have introduced legislation designed to penalize big banks if they cut ties with the firearms industry. Kennedy for several months has bashed Citigroup and Bank of America for distancing themselves from the gun business, demanding that federal and state officials withdraw government contracts and urging GOP leadership to refrain from regulatory rollbacks that would help the firms."

So, a REPUBLICAN Senator is speaking against regulatory rollbacks in finance.

When AOC mentions using tools, I wonder if she was referring to this dude.