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Dear Progressive Secretary Supporter

Here is another action alert from Progressive Secretary.

Our letter supports a campaign by Demand Progress. It asks the president and the Consumer Financial Protection Bureau to ban big tech companies like Amazon, Apple, Facebook, and Google from owning payment systems. We must prevent these companies from accessing our financial information.

We will send your email message to the president, vice president, and the Consumer Financial Protection Bureau
.

It’s high time to stop big tech companies from owning payment systems.

Allowing these platforms to own proprietary rights to consumer financial data would put people’s private information at risk. It would also empower them to expand their monopoly.

In this case, regulation isn’t enough. Congress has already found that Amazon, Apple, Facebook, and Google routinely engage in illegal monopoly behavior. These companies will continue to consolidate their power unless federal regulators block them from gaining access to consumer financial data.

We can’t trust Big Tech to play by the rules when the financial reward for breaking the law is so high. I urge you to ban — not merely regulate — ownership of payment systems by the dominant tech platforms, Amazon, Apple, Facebook, and Google.
 

Click here to send this letter or to learn more (you can edit the letter in the next step, if you wish).

Sincerely,

Kathie Turner, Executive Director


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