Wall Street learned nothing and is still gambling.

There's nothing wrong with high-risk trading, but if the bets go bad, only the people who made the bets should have to pay. That's why this gambling should happen in hedge funds, not in the federally-insured banks that families and small businesses depend on.

That’s why I successfully fought, with your help, for a ban on high-risk trading by big Wall Street banks. This rule, called the Volcker rule firewall, is meant to ensure that Wall Street’s bad bets blow up, you and I don’t get burned again.

But for the last two years, Wall Street's legion of lobbyists have been trying to blow holes in that firewall. Now they want the Fed to write the “JPMorgan loophole” into law.

We can’t let that happen. Join me in urging Ben Bernanke and the Fed to close down the JPMorgan loophole.

JOIN JEFF MERKLEY to stop the JP Morgan loophole!

http://www.jeffmerkley.com/volckerrule/

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Time to Rethink the War on Terror

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When Eric Holder eventually steps down as Attorney General, he will leave behind a complicated legacy, some of it tragic, like his decision not to prosecute Wall Street after the financial crisis, and his all-out war on whistleblowers like Edward Snowden.