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As we wrote in March, the city of Chicago unveiled plans two months ago to close over 50 schools, mostly in the poorest areas.

Mayor Rahm Emanuel’s plan has sparked fierce protests, with thousands of protesters hitting the streets last weekend to oppose the school closures –arguing that they would put children at risk by having to travel further to overcrowded schools.

But while the city insists it must close these schools to close budget gaps, it has just announced that it will be dedicated as much as $100 million in public funds for the construction of a new basketball arena at DePaul University — which is about a third of the cost of the project.

Emanuel justified such a large public investment by saying that building the arena and surrounding event center will bring “huge opportunity” to the city of Chicago in the way that it would attract business and tourists.

This statement came at around the same time the Board of Education — despite desperate pleas from city residents as, Progress Illinois documents here — voted in favor of the mayor’s plan to shutter 50 schools. The Board, it should be noted, is not elected like it is in some municipalities. It was appointed by Mayor Emanuel.

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Yesterday, Senator Elizabeth Warren (D-MA) aggressively questioned Treasury Secretary Jack Lew about efforts to break up so-called “too big to fail” banks. She noted that under the previous Treasury Secretary, the administration failed to support a Senate amendment to break up these banks.

She then probed Lew about if he would support such efforts.

LEW: I think we’re on a path now which is the right path, which is to implement Dodd-Frank and then to take stock when we’re done implementing Dodd-Frank. […]

WARREN: Ai??The question is though, Secretary Lew, this is about concentration. We all said back in 2009, 2009, the problem that caused the financial crash in part was concentration in the banking industry. And what do we see now? We see more concentration. […] How big do the biggest banks have to get before we consider breaking them up? They’re thirty percent larger now than they were five years ago. Do they have to double in size? Triple in size? Quadruple in size, before we talk about breaking up the biggest financial institutions? […]

LEW: There are many things going on and I’m not trying to avoid addressing the question of “too big to fail,” I’m trying to address quite clearly that that’s an unacceptable policy. But I think we have to take in account all the factors that together add up to systemic risk.

WARREN: Fair enough, Mr. Lew, Secretary Lew. But I really think the evidence suggests that concentration is one of those factors. And that when we see the largest financial institutions getting bigger and bigger, it tells us we are not clearly on the path to resolving “too big to fail.”

Watch it:

We’re launching a campaign to pass the bipartisan Brown-Vitter bill that would break up …

As Senator Elizabeth Warren (D-MA) has said, the nation’s biggest banks have essentially gained “too big for trial” status, and the federal government has failed to prosecute any executive at a Big Bank for financial fraud.

While Wall Street has escaped prosecutions, thousands of Americans have been arrested in the course of protests against the banks. Yesterday, at protests at the Department of Justice, at least 17 Americans were arrested — and there were more arrests today. In October 2011, one month after the start of Occupy Wall Street, at least 1,000 Americans had been arrested in these protests. As of May 2013, that number is 7,736 — according to the website Occupy Arrests, which tracks arrests.

Help us stand with these protesters.Ai??Click here to sign our petition to the Securities and Exchange Commission asking it to end ai???too big for trial.ai???

This afternoon, dozens of homeowners who have faced abuses by Big Banks rallied outside the Department of Justice (DOJ) in Washington, D.C. They demanded that the agency finally prosecute Wall Street banks who have become, as Senator Elizabeth Warren (D-MA) has said, “too big for trial.”

The march, consisting of well over a hundred demonstrators, started at Washington, D.C.’s Freedom Plaza. The marchers came from as far as Portland, Oregon, and large contingents came from cities plagued with foreclosures, such as Atlanta and New York City.

“We’re really excited over the last two and a half days we’ve had residents from around the country who’ve lost their homes or who are fighting to save their homes, come together toAi??commitAi??to training for change, to bring the movement back to their community, to keepAi??fightingAi??for their homes, and also to risk arrest today as we march to the DOJ and refuse to leave until we get a meeting with Eric Holder, until we get aAi??commitmentAi??that he’s going to start going after banks,” said Tim Franzen, who works for the quaker social justice group American Friends Service Committee. “And it’s not just about jailing bankers, it’s about bringing resources back into our communities. Wealth that has been stolen. Trillions of dollars of wealth has been stolen from our neighborhoods and you can just drive through them and see the consequences. The boarded up homes. People on the street. We are not on a crisis of economic resources, it’s one of priorities. And that’s what we’re here to say today.”

The demonstrators marched to the Department of Justice, where they rallied outside the main entrance. At that entrance, several police armed with pepper guns and other crowd control weapons at first pushed the demonstrators back, …

Ai??Progressive Change Campaign Committee co-founder Adam Green was on MSNBCai??i??s The Ed Show yesterday, and part of what he discussed was the organization’s Draft Brian Schweitzer campaign. Schultz asked Green what the main difference between Schweitzer and current Senator Max Baucus (D-MT) would be. Green explained how he would have a game-changing presence in the Senate and be a bold economic populist:

GREEN: Brian Schweitzer, if he decides to run for Senate, which he’s considering, would be an absolute game changer. He is kind of a prairie populist, a farmer who ran for governor, got re-elected and just finished his second term. And his bedrock principle is standing up for the little guy against big corporate interests. That’s what he did as governor and he’s named people like Teddy Roosevelt and Paul Wellstone as his political icons. So we’re working with thousands of people across the state of Montana on a Draft Schweitzer movement.

SCHULTZ: Is he kind of the model Democrat in the middle of the country?

GREEN: He is absolutely the model Democrat. Particularly on economic populism issues. And to have someone from the perceived red state of Montana out there talking about trust busting, out there saying that the corporations own this government and we need to take it back again, will be a game changer. He will be an amazing partner to Elizabeth Warren.

Watch it:

The Draft Brian Schweitzer campaign has alsoAi??gotten local media coverage in the Missoula Independent:

ai???We look for game changers,ai??? Green told the Indy during one of several stops in western Montana early this week. ai???People who will both represent their state well and have a systemic impact on the culture of politics in Washington. Brian Schweitzerai??i??s authenticity and economic populism is something that the Democratic Party sorely needs …

Progressive Change Campaign Committee co-founder Adam Green was on MSNBC’s The Ed Show yesterday, explaining how Democrats shouldn’t embrace politically disastrous cuts to Social Security benefits and instead should follow the lead of Sens. Tom Harkin (D-IA) Mark Begich (D-AK) and talk about expanding benefits. Green also covered the growing Draft Brian Schweitzer campaign to get the former Montana Governor to run for Senate:

GREEN:Ai??In 2012, oneAi??presidentialAi??ticket explicitly ran on the idea of cutting social safety net programs like Social Security and Medicare, and that ticket was soundly defeated by Barack Obama. He does not have a mandate to cut Social Security benefits […] We’re actually getting ready to go on offense in the Senate, rallying around people like Tom Harkin from Iowa and Mark Begich from Alaska who are not only saying these cuts are on the table, they want to expand Social Security benefits. So it’s in the best interest of the Democratic Party not just to help millions of people right now, but to make sure their base comes out and that they don’t commit political suicide by supporting Social Security benefit cuts right now.

Watch Green’s appearance:

Call your Member of Congress and ask them to sign onto the Grayson-Takano letter vowing to vote against any cuts to Medicare, Medicaid, or Social Security benefits.

Sign on as a citizen supporter of the Grayson-Takano letter.

This week, PCCC co-founders Adam Green and Stephanie Taylor were in Montana. They personally informed Brian Schweitzer that thousands of people want him to run for U.S. Senate, and kicked off an on-the-ground effort to recruit others to the draft effort.

The Missoula Independent’sAi??Alex Sarkariassen wrote thisAi??great articleAi??covering this growing movement to Draft Brian Schweitzer for Senate:

Schweitzer:Ai??Drafting a “game changer”

Adam Green has been following Brian Schweitzer from afar for years. Even before he co-founded the Washington, D.C.-based Progressive Change Campaign Committee with former union organizer Stephanie Taylor in 2009, he saw Schweitzer as “an authentic guy who says what’s on his mind and generally stands up for the little guy.” Now Green and Taylor are trying to draw Schweitzer out of his post-gubernatorial life on Georgetown Lake and convince him to run for the U.S. Senate in 2014. They’re already primed to hand him $24,000 in contributions the moment he declares.

“We look for game changers,” Green told the Indy during one of several stops in western Montana early this week. “People who will both represent their state well and have a systemic impact on the culture of politics in Washington. Brian Schweitzer’s authenticity and economic populism is something that the Democratic Party sorely needs right now, and could have huge ripple effects across the nation if he has a bully pulpit in Washington, D.C.”

PCCC has collected 16,000 signatures from supporters of its “Draft Brian Schweitzer” campaign, and Green and Taylor have already talked directly to Schweitzer about their initiative. “They’re taking note,” Green says of those around the former governor, adding that mounting grassroots supportai??i??and the money raised so farai??i??could sweeten the pot as Schweitzer makes up his mind. …

PCCC has been successful before in recruiting winners. The organization convinced Sen. Elizabeth Warren …

With the resignation of the acting head of the Internal Revenue Service (IRS) over a series of audits of conservative organizations, the agency is under intense public scrutiny. Ai??But this furor ignores little-noticed numbers released last month — they show that the IRS’s audits of wealthy taxpayers revealed massive tax-dodging by the richest Americans.

In 2012, the IRS ramped up its audits of wealthy taxpayers, and shockingly found a massive rate of under-paying taxes. It audited one in eight tax filers with incomes over $1 million, concluding that about 75 percent of these millionaires failed to pay the taxes they owed. Altogether, the agency collected an additional $4.8 billion in taxes from these taxpayers after the audits were conducted.

As the press and politicians look at the IRS’s conduct with regards to auditing political nonprofits, it’s important to remember that these audits can be a powerful tool for making sure that wealthy taxpayers are paying what is legally required of them. If last year’s numbers are any indication, increasing audits of wealthy taxpayers will reveal under-payment and help us raise the money needed to fund the government.

With the retirement of Sen. Max Baucus (D-MT), Montanans have a chance to elect a real progressive — former. Democratic Gov. Brian Schweitzer. The Progressive Change Campaign Committee has spearheaded a “Draft Schweitzer” movement that held its first house party in Billings, Montana yesterday.

The event was held at the home ofAi??Hans and Deborah Abbey, and it is the beginning of a campaign that plans to recruit 500 volunteers, identify 5,000 supporters, and raise $50,000, which Schweitzer would get on day one of his campaign should he choose to run.

We talked to Barb Skelton, one of the organizers behind the event. Skelton has actually known the Schweitzers since she was a child, having grown up near their ranch. She’s worked in politics for 40 years, partly thanks to the influence ofAi??Kathleen Helen Schweitzer, Brian’s mother.

“I think he’d do what’s absolutely good for Montana,” she said, explaining her enthusiastic support for a run by Schweitzer. “I think he’s a real progressive thinker.”

She cited his work after leaving office as evidence that he’s committed to progressive, populist causes, saying she’s “glad he got involved in Stillwater Mines, saving 1,700 jobs there” — referring to an effort by Schweitzer to oust the leadership of a local mining company that was wasting money on foreign projects rather than domestic development.

Here’s are some pictures from the event last night:

Click here to join our Draft BrianAi??SchweitzerAi??for Senate campaign.

(OrAi??donate $3 that Brian will receive on Day OneAi??of his campaign, so he can hit the ground running.)

As the provisions of the Affordable Care Act — referred to as Obamacare for short — begin to come online, congressional Republicans haveAi??continuedAi??to obsess over repealing the law altogether.

The New York Times looked into the numbers this morning and concluded that House Republicans have spent a whopping 15 percent of their time trying to repeal all or parts of the new health care law.

Republicans don’t seem to have any regret over the fact that repealing Obamacare has taken precedence over other issues, like jobs.

ai???Itai??i??s something that we wanted to move up on the list of priorities,ai??? said Representative Steve Scalise (R-LA) to the New York Times. ai???And Iai??i??m glad they listened to us.ai???

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