CMR stands with banks

Now we have proof of who Cathy McMorris Rodgers is working for. She just voted in favor of a very dangerous bill that guts crucial rules for 27 of our largest banks. H.R. 6329 undoes rules designed to prevent another financial crisis and instead allows the new Trump administration’s Treasury secretary to pick and choose which banks have to follow the rules.

To make matters worse, this bill creates a massive conflict of interest. One of the banks that would see relief from these crucial rules is CIT, which Trump’s pick for treasury secretary, Steve Mnuchin, has a massive stake in. Mnuchin owns an estimated $97 million worth of CIT, and he also sits on the company board. Mnuchin accrued a net worth estimated at about $40 million while working for Goldman Sachs for 17 years, where his father had worked for three decades and had also made a fortune.

Please send an email to Cathy to let her know how disappointed you are that she chose to stand with 27 big banks, instead of standing with the American public.

Kim Eggers

Addy, Wash.