Protesters Take Over Banks, K St.

Members of "The Other 98%," a national organization demanding reforms benefiting middle and working class Americans, hold a sign at McPherson Square in downtown Washington, DC. Photo by Andy Kroll.

Let our journalists help you make sense of the noise: Subscribe to the Mother Jones Daily newsletter and get a recap of news that matters.

It didn’t take long for the handful of irritated Bank of America employees to abandon their desks and make for the doors. Their office, a small Bank of America branch on Massachusetts Avenue, had been more or less taken over by a boisterous rally of 75 or so protesters from the Service Employees International Union (SEIU), the organizer behind two days’ worth of Wall Street-themed protests in or near Washington. Yesterday, many of the same demonstrators, brought to DC from all over the country by SEIU and National People’s Action (NPA), a community organizing network, protested outside the houses of two financial lobbyists—one from Bank of America, another for JPMorgan Chase. The demonstrators railed against bailouts and demanded that the two lobbyists tell their respective CEOs to meet with SEIU and NPA’s leaders.

Today, the demonstrators bounced between various office buildings and banks in downtown DC, most of the locations linked to Wall Street, lobbying, or big banks. The day began in the building that houses the Corrections Corporation of America, a private prison company that’s received hundreds of millions of dollars of government contracts. After that came the Bank of America takeover, then a second, ad hoc protest inside a nearby Citibank office, to the dismay of the tellers and bankers inside.

Standing outside the Bank of America office in the morning rain was DC resident James Crowder. A Bank of America customer, Crowder cheered on the purple-clad protesters, baring a wide grin short a few teeth. “I totally agree with this here,” Crowder said. “They need to do this to all the banks.”

A protester holds up a flier criticizing Tony Podesta, the head of a top Washington lobbying firm. Flickr/movementvisionA protester holds up a flier criticizing Tony Podesta, the head of a top Washington lobbying firm. Flickr/movementvisionSoon after, with a police escort of four squad cars and two bikes, SEIU demonstrators convened with several busloads of NPA members outside the Podesta Group, a top Washington lobbying shop that represents, among others, Wells Fargo, Bank of America, and Sallie Mae, the country’s largest private student lender. There, as a light drizzle began to beat down harder, members of both organizations led chants and numerous speakers recounted their battles with big banks or mortgage companies.

With the rain now pouring down, the two-day stand by SEIU and NPA culminated around midday when upwards of a thousand protesters rallied in McPherson Square, then occupied the nearby intersection of 14th St and K Street. In the intersection, under a large cardboard cutout of a Lloyd Blankfein-esque Wall Street executive controlling a politician on a string like a marionette, SEIU president Mary Kay Henry and others spoke to the soaked crowd. “The American people have a deep desire to fix what’s broken with our economic and political system,” Henry said. “That’s why a movement is building across this country to challenge the toxic influence Wall Street and corporations have on our democracy.”

Finally, the throngs of people ended up in front of a regal-looking Bank of America office a stone’s throw from the White House and the Treasury Department. Even as members of the demonstrators peeled off to duck inside a coffee shop or head toward their buses, the chants—”We’re gonna take our democracy back / We’re gonna take-take our democracy back”—continued into the soggy afternoon.

IT'S NOT THAT WE'RE SCREWED WITHOUT TRUMP:

"It's that we're screwed with or without him if we can't show the public that what we do matters for the long term," writes Mother Jones CEO Monika Bauerlein as she kicks off our drive to raise $350,000 in donations from readers by July 17.

This is a big one for us. It's our first time asking for an outpouring of support since screams of FAKE NEWS and so much of what Trump stood for made everything we do so visceral. Like most newsrooms, we face incredibly hard budget realities, and it's unnerving needing to raise big money when traffic is down.

So, as we ask you to consider supporting our team's journalism, we thought we'd slow down and check in about where Mother Jones is and where we're going after the chaotic last several years. This comparatively slow moment is also an urgent one for Mother Jones: You can read more in "Slow News Is Good News," and if you're able to, please support our team's hard-hitting journalism and help us reach our big $350,000 goal with a donation today.

payment methods

IT'S NOT THAT WE'RE SCREWED WITHOUT TRUMP:

"It's that we're screwed with or without him if we can't show the public that what we do matters for the long term," writes Mother Jones CEO Monika Bauerlein as she kicks off our drive to raise $350,000 in donations from readers by July 17.

This is a big one for us. So, as we ask you to consider supporting our team's journalism, we thought we'd slow down and check in about where Mother Jones is and where we're going after the chaotic last several years. This comparatively slow moment is also an urgent one for Mother Jones: You can read more in "Slow News Is Good News," and if you're able to, please support our team's hard-hitting journalism and help us reach our big $350,000 goal with a donation today.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate