MONDAY 03/12/18



The Economic Growth, Regulatory Relief and Consumer Protection Act, S. 2155, is a sneaky rollback of the Dodd-Frank regulations on financial institutions, which were implemented after the 2008 global financial crisis. Current Dodd-Frank regulations require banks valued at $50 billion or more to undergo annual "stress tests" and be closely monitored, but S. 2155 would increase the valuation threshold for monitoring to $250 billion and exempt foreign institutions like Deutsche Bank altogether. Banks valued at $10 billion or less would also be allowed to sell high-risk mortgages and participate in certain financially risky investment activities. The bill would also eliminate protections for minority consumers, such as reporting requirements designed to help regulators and Congress track racially discriminatory patterns in lending.

S. 2155 was initially described as a pro-consumer, pro-small bank bill designed to ease regulatory burdens. The bill includes a few pro-consumer provisions like free credit freezing and safeguards for foreclosure victims; however, these small concessions are far outweighed by provisions like a ban on suing credit agencies like Equifax for exposing customers’ data to hacks. Overall, the bill encourages the banking industry to resume the kind of risky profiteering that created the global financial crisis of the last decade. Indeed, the nonpartisan Congressional Budget Office has concluded the bill makes it significantly more likely that major financial institutions will once again require government bailouts due to irresponsible lending practices. Further, the supposedly beleaguered small banking sector has seen significant growth under current regulations, indicating that further deregulation is unneeded. While S. 2155 is an unnecessary and dangerous rollback of regulations on the banking industry, it has support from up to 17 Independents and Democrats in the Senate; Congress must hear loud and clear that their constituents support strong banking regulations

Script for Senate:

Hi, my name is ________ and I'm a constituent from zip code ________. I'm calling to express my opposition to S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act. It's irresponsible to roll back regulations that protect consumers and banks from risky investments that nearly brought down the economy a decade ago. I strongly urge Senator __________ to vote against this legislation and work to find solutions for small local institutions without allowing large banks to get away with predatory practices. S. 2155 is not the answer. Thank you for taking my call.



Top US intelligence officials, including US Cyber Command chief and National Security Agency (NSA) director Adm. Michael Rogers, have repeatedly warned Congress that they expect Russia to interfere with our 2018 midterm elections. Despite these repeated admonitions, the Trump administration has issued no orders for Cyber Command or the NSA to disrupt anticipated Russian cyberattacks.

Rogers (who will soon be replaced by Lt. Gen. Paul Nakasone) has stated that his team cannot fully prepare for threats of Russian electoral interference without authorization from Trump and Secretary of Defense James Mattis. To ensure free and fair elections, Congress must pressure Trump and Mattis to immediately authorize a robust response to potential Russian electoral cyberattacks.


Hi, my name is ________ and I'm a constituent from zip code ________. I'm calling to urge Senator/Rep ________ to pressure Trump and Secretary of Defense Mattis to authorize US Cyber Command to prepare for potential Russian cyber attacks during the 2018 midterms. Top intelligence officials have repeatedly warned of these potential attacks, and the executive branch must take these threats seriously to preserve our electoral integrity. Thank you.


Senator Richard Burr

Washington, DC: (202) 224-3154

Winston-Salem: (336) 631-5125


Senator Thom Tillis

Washington, DC: (202) 224-6342 

High Point: (336) 885-0685



Rep. Virginia Foxx

Clemmons, NC (336) 778-0211

Washington, DC (202) 225-2071


Rep. Ted Budd

Advance, NC (336) 998-1313

Washington, DC (202-225-4531


Rep. Mark Walker

Greensboro, NC (336) 333-5005

Washington, DC (202) 225-3065





Please join us this Thursday, March 15. We are excited to have Susan Browder and Heather Levinson from Moms Demand Action NC as our special guest speakers. Everyone welcome!