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WASHINGTON – Liz Ryan Murray, policy director at People’s Action Institute, provided this statement Friday after Donald Trump signed an executive order that begins dismantling the Dodd-Frank Wall Street Reform Act:

“It didn’t take long for Donald Trump to sell out the American people. Trump and his Goldman Sachs cabinet are preparing to strip-mine the pocketbooks of everyday people.

“Donald Trump promised the country he would stand up for people over Wall Street elites. Instead, today he moved to strip rules that rein in the big banks, keep the economy safer, and ensures that your retirement advisor works for your interests.

“Donald Trump and his friends from Goldman Sachs and Wells Fargo are having a good laugh at us today for believing his campaign promises, but less rules for Wall Street is not what families voted for, want or need.

“All across the country people’s voices are being heard loud and clear opposing the elitist, dangerous and unilateral orders coming from the White House. We will continue to be visible and loud.”

People’s Action Institute is a national organization of more than a million people across 30 states working for economic, racial, gender and climate justice – and to ensure everyone a voice in our political system. From family farms to big cities, from coast to coast, we’re fighting for community over greed, justice over racism, and people and planet over big corporations.

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About People’s Action

People’s Action is a national network of 38 state and local grassroots, power-building organizations united in fighting for justice. Our organization recently released a vision for a national Homes Guarantee that has already prompted major legislation from champions including U.S. Reps. Ilhan Omar, Alexandria Ocasio-Cortez, and Rashida Tlaib. We operate the largest progressive rural organizing project in the country. Prior to endorsing Sen. Bernie Sanders for president, we completed a national forum series that The Nation called “the most in-depth, people-powered forum” of the 2020 cycle.”

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