According to Charles Khan of the not-for-profit Center For Popular Democracy and Hedge Clippers, "The Stop Wall Street Looting Act would create strong new rules for private equity and hedge funds centered on economic fairness and community needs, not billionaire greed. Our communities are fed up with Wall Street destroying our jobs, caging children and families for profit, pillaging our neighborhoods, and corrupting our government. This bill will make a real difference for Black, Brown and White working people across the country."

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