Tammy Baldwin (D-Madison) takes on the banks

(Courtesy an action notice from Credo)


Dear Jackpine,

It sounds really simple: The largest banks that caused the housing crisis that led to our economic meltdown should be investigated fully, punished to the full extent of the law, and forced to compensate their victims for the harm they caused.

But the Obama administration is pressuring state attorneys general to quickly cut a deal with the banks that lets them off the hook for massive amounts of mortgage and foreclosure fraud.

Representative Tammy Baldwin is pushing back. She has introduced a resolution that supports taking a tough line with the banks.

We need to send President Obama a message that he cannot give Wall Street a "get out of jail free" card for mortgage and foreclosure fraud.