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The Federal government has not rejected a single bank merger in over 15 years. Instead, regulators have been letting banks get bigger and bigger, risking the financial stability of the nation’s economy.
That’s bad for all of us. It’s bad for consumers, small businesses, and local communities. These adverse effects are even more pronounced in communities of color where bank consolidation has led to branch closures and expanded banking deserts.
We’re working to stop it by demanding action. Contribute to Americans for Financial Reform and fund the fight to stop bank mergers now!
Americans for Financial Reform engages in legislative advocacy, and these donations are not tax deductible as a charitable contribution.