CRL's Response to the State of the Union
Last night the President highlighted the need for jobs and health care reform for middle-class families, but Americans also need relief in the housing market and financial reform. First, we need stronger measures to stop preventable foreclosures. The financial crisis started in the housing market, and foreclosures continue to drag down the entire economy. Banks should be required to take reasonable steps to help families stay in their homes.Second, we urge the President and Congress to create a strong, independent watchdog over the big banks to make sure they don't cause another crisis and to