Washington, DC—(ENEWSPF)—October 7, 2015. AFL-CIO President Richard Trumka made the following statement after Hillary Clinton, in a letter to Congress, opposed assaults on financial reform efforts:
The AFL-CIO applauds Hillary Clinton for taking a stand against Wall Street’s threats to hold our economy hostage. I agree wholeheartedly with Secretary Clinton when she says, “We can’t go back to the days when Wall Street could write its own rules. If Republicans want to hold the American economy hostage for the benefit of their corporate patrons, that’s a fight we Democrats should be ready to wage and win.”
We’ve seen this show before. We cannot allow Republican leadership and Wall Street lobbyists to sneak provisions that put our economy at risk into must-pass budget deals. Our economy has begun to slowly rebound. As we work to tackle income inequality, we can’t take our foot off the gas by allowing Wall Street and its Republican cronies in Congress to continue the practices that lead to an out-of-balance economy.
Corporate America cannot continue to prosper on the backs of working people. We will strongly support efforts that stop corporations from rigging the financial system and work to level the playing field for everyday people. Once again we applaud the Secretary’s strong stance in defense of financial reform.