The Huffington Post has the article Tim Kaine Calls To Deregulate Banks As He Campaigns To Be Clinton’s VP.
Now that Tim Kaine has been selected as Hillary’s running mate, be sure to read this article.
Kaine, by contrast, is setting himself up as a figure willing to do battle with the progressive wing of the party. He has championed the Trans-Pacific Partnership trade deal that both Sanders and Warren oppose, and he is now publicly siding with bank deregulation advocates at the height of Clinton’s veepstakes.
And further we have a letter that Kaine recently wrote.
On the small bank side, Kaine pressed Consumer Financial Protection Bureau Director Richard Cordray to exempt “community banks and credit unions” from new rules. Doing so would leave these institutions, which include banks with up to $10 billion in assets, more lightly regulated than they were before the financial crisis. The letter, sent on Monday, was signed by 69 other senators.
You know that for there to be 69 Senators to co-sign this letter that there had to be a lot of Democratic Senators signing this. Do you still think the Democratic party led by Hillary Clinton can be in your corner trying to protect you?
I wonder if Elizabeth Warren, the mother of the CFPB and endorser of Hillary Clinton, agrees with the push to rein in the CFPB.