Angel Padilla Profile picture
Mar 6, 2018 11 tweets 3 min read Twitter logo Read on Twitter
The Senate has begun considering the #BankLobbyistAct, which will make it more likely that we have a repeat of the 2008 financial crisis. This is a core part of the Republican agenda: siding with big banks, corporations, and the wealthy, at the expense of the rest of us. [Thread]
Mitch McConnell, Republicans, and Donald Trump don’t care about the enormous risk this creates for our country and for American families. That’s not surprising. What is surprising is that Democrats are pushing the #BankLobbyistAct over the finish line.
We’re seeing something that we often see from Democratic leadership — that might only be obvious to you if you’ve worked on the Hill or have covered the Hill. Dem leadership might be ostensibly opposed to this bill, but is LETTING this bill pass. Here’s how.
Dems are in the minority, but they have tools that they can use to stop or at least slow down this bill. The first is the vote on the Motion to Proceed, which has a 60 vote threshold. That means that McConnell needs at least 10 Democrats to move onto the bill.
The MTP is where a powerful Minority Leader could stop a bill they didn’t like, if they wanted to. In this case, @SenSchumer could ask his caucus to vote against the MTP and this would all be over. But he’s not asking Dems to vote against the MTP; the question is, why not?
There are only two explanations, each equally damning. The first is that Schumer doesn’t have control over his caucus, which is a bad place to be if you really want to be Majority Leader. It means that he can’t ask for Ds to vote against it because he knows they’ll ignore him.
The second is that @SenSchumer not-so-secretly wants this bill to pass. He’ll vote against it, to provide cover for himself, but he’ll do nothing to stop it from moving forward. This is the most likely explanation.
And to be clear, Schumer won’t even ask Dems to withhold their votes on the MTP as leverage to ensure that Democratic amdts -- including an amdt to prevent racial discrimination in lending -- get a vote.
So why would Schumer do this? He’s making the calculation that this bill brings him closer to becoming Majority Leader. That the bill allows moderate dems to raise campaign money from big banks, plus helps secure their loyalty to him.
The problem is that it comes at the cost of everyone else. We know from CBO that this bill increases the likelihood of bank failure and increases the deficit:
Unfortunately, this seems like a done deal. But this is an election year and we need to hold all of our MoCs accountable — Republicans and Democrats. And @SenSchumer needs to be held accountable for assisting rather than resisting. [End]

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More from @AngelRafPadilla

Sep 13, 2018
1/8. As another hurricane inches closer to our shores, we've recently learned that the Trump Administration diverted $10M from FEMA so that it can hold more immigrant families in cages. #familiesbelongtogetherANDFREE…
2. This is a big deal and signals what the Trump Admin cares -- and doesn't care -- about. It cares more about separating, detaining, and deporting immigrant families than it does the health and safety of our communities, than it does responding to natural disasters.
3. But it's not a surprise, nor is it unsusual. In fact, earlier this year DHS transferred an additional $200M to support Trump's mass deportation machine. @SenJeffMerkley deserves a shout out for helping to shed light on all of this.…
Read 8 tweets
Sep 5, 2018
Update: @SenSchumer just used procedural tools to (briefly) delay Kavanaugh hearings. This might seem like Schumer is fighting to #StopKanavaugh, but it's *not* the most important thing he could be doing if he wanted to win this fight.… 1/
To recap, Democrats have few tools when they're in the minority to stop bad bills or nominees from moving forward. But one tool at their disposal is "withholding consent". Here's our explainer on it:… 2/
That's exactly what Schumer did today -- he withheld consent on McConnell's request to continue with the Kavanaugh hearing beyond the time allowed. Normally, we'd applaud this kind of resistance. 3/
Read 9 tweets
Aug 2, 2018
Excited to hear about how Trump is making us less safe every single day. #NN18 @_ElizabethRB @SPMiles42 @wardahkhalid_ @Jenkinsbd @manaro_77 #TrumpThreatLevel
"Donald Trump in and of himself is a national security threat." @SPMiles42 #TrumpThreatLevel
"Trump administration advancing fear-based agenda against immigrants, Muslims, LGBTQ, women, people with disabilities..." @manaro_77 #NN18
Read 6 tweets
May 30, 2018
To every MoC (or candidate!) who isn't speaking out against Trump's new family separation policy, I remind you of this quote:

“The hottest places in hell are reserved for those who in times of great moral crisis preserve their neutrality.” #FamiliesBelongTogether 1/
This quote seems now to have been written specifically with Trump-era America in mind: From the #MuslimBan to taking healthcare from millions to ripping children away from parents at the border, our great moral crisis continues.

Yet, too many MoCs continue to remain silent. 2/
Still, it’s hard to imagine something any more cruel and grotesque than what the Trump White House is doing now to families at the U.S. border. 3/
Read 11 tweets
Feb 13, 2018
This afternoon the Senate is turning to DACA and immigration, beginning with a “motion to proceed” vote. The burden is on Republicans to fix the mess that Donald Trump made on #DACA, as a majority of Americans want them to. [Thread]
Remember, we got here because Donald Trump ended the DACA program back in Sept. And 20,000 DACA recipients have already lost their protections as a result. He then rejected a bipartisan agreement reached by @SenatorDurbin and @LindseyGrahamSC, because it wasn’t racist enough.
So here we are — in an open debate on immigration with a Republican-controlled Congress. If you care about immigrants and #Dreamers, you should be worried. And while we all want relief for Dreamers, we can’t and won’t take just any deal.
Read 13 tweets
Jan 10, 2018
Breaking: federal judge has granted a pretrial injunction on Trump's rescission of the #DACA program. Here's what it means. (Thread)
The US government MUST accept DACA renewals, which means those whose DACA protections are expiring soon, or has already expired, may apply for renewal.
Remember, the Trump administration eliminated the DACA program and stopped accepting renewals a couple of months ago.
Read 12 tweets

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