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VICTORY: Reaction to Antonio Weiss withdrawing from consideration for key Treasury post

By January 12, 2015 No Comments

Progressives are celebrating the news that Wall Street Banker Antonio Weiss has withdrawn his name from consideration for Treasury Undersecretary for Domestic Finance.

CREDO, which has played a leading role alongside Senator Elizabeth Warren in the effort to stop Weiss’ confirmation, released the following statement.

“The last thing the Treasury Department needed was another Wall Street Banker in a key policy position,” said Murshed Zaheed, CREDO’s deputy political director. Zaheed continued, “President Obama did the right thing by listening to the demands of hundreds of thousands of supporters from his progressive base,” adding, “He must fill this appointment with someone with a track record of fighting for Main Street, not Wall Street.”

Here are a few highlights of CREDO’s activism in recent weeks:

  • More than 160,000 CREDO activists signed a petition telling Senators to oppose the nomination of Mr. Weiss.
  • Over 100,000 activists signed a petition urging the to President Obama not to renominate Mr. Weiss.
  • More than 1,300 CREDO activists called the White House during the Holidays urging President Obama not to renominate Mr. Weiss.

CREDO Action, part of CREDO Mobile, is a social change network of 3.5 million activists, sending millions of petition signatures and tens of thousands of phone calls to decision-makers each year. CREDO Action members also participate in meetings, protests and other direct action for progressive change.