Chanting and clapping outside Citigroup Inc.’s (C) Park Avenue headquarters today, about 50 protesters tried to thrust the bank into the 2016 presidential race.
“As part of running for president, you have to answer ‘The Citigroup Question’ -- where do you stand on breaking up Citigroup?” said Zephyr Teachout, who challenged Andrew Cuomo for this year’s Democratic nomination for New York governor. “Do you think Citigroup should be broken up, or do you think things are OK?”
The protest, organized by the Progressive Change Campaign Committee, singled out the bank that Massachusetts Democrat Elizabeth Warren denounced in the Senate last week, saying its lobbyists drafted the derivatives deregulation that Congress added to its $1.1 trillion spending bill. The lawmaker became the subject of a reworded folksong.
“If I had a Warren, I’d end too big to fail,” a circle of protesters sang to the tune of Pete Seeger’s “If I Had a Hammer.” “I’d strengthen Volcker, bring back Glass-Steagall too! Use those laws to help my brothers and sisters all over this land.”