Call Your Senater To Support Merkley-Levin Amendment

The Merkley-Levin Amendment in the Senate needs some support.

Senate Dem Volcker rule amendment revised:

"The amendment from Democrats Jeff Merkley and Carl Levin would toughen a part of a sweeping Wall Street reform bill that endorses the "Volcker rule" proposed in January by President Barack Obama and White House economic adviser Paul Volcker.

The rule would curb proprietary trading by banks for their own accounts unrelated to customers' needs, get banks out of the hedge fund business, and limit their future growth.

The language in the Democratic bill would leave it to regulators to write the Volcker rule's details and expose it to being watered down later. The Merkley-Levin amendment would reduce regulators' latitude to change the rule."

Sign up here and call your Senator in support of the amendment. If you're in MA, Kerry hasn't yet taken a position but has gotten "a lot, a lot of calls" in support of it. Scott Brown also hasn't taken a position and probably needs some more convincing.