Clinton poised to appoint banking lobbyist as VP?

And back in the real world…Democratic hopeful Hillary Clinton is expected to “tweet” her VP pick some time today.  Apparently Sanders or Warren are out, Virginia Senator Tim Kaine is favored– and he is a bank lobbyist. So conflicts of interest are glaring. Should be illegal. This may well help the Republicans, who have this week wisely and strategically added breaking up big banks to their platform, win the Presidential election.  When it comes to the Clintons and the bank cartel, apparently greed and nepotism know no limits. See: Clinton’s top VP pick lets big banks know he’s in their corner:

Sounding another alarm for progressives wary of the Democratic establishment’s support for Wall Street, the man said to be leading the pack of potential Hillary Clinton running mates – Virginia Sen. Tim Kaine – has just this week sent a clear message to big banks: He’s in their corner.

Kaine, who is reportedly Bill Clinton’s favorite for the vice presidential slot, signed onto two letters on Monday pushing for financial deregulation – letters that show the Clinton camp “how Kaine could be an asset with banking interests on the fundraising trail,” according to David Dayen at The Intercept on Wednesday.

“Let’s be really clear: It should be disqualifying for any potential Democratic vice presidential candidate to be part of a lobbyist-driven effort to help banks dodge consumer protection standards and regulations designed to prevent banks from destroying our economy.”

—Charles Chamberlain, Democracy for America

The news should “disqualify” Kaine from the ticket, one prominent progressive group declared Thursday.

This entry was posted in Main Page. Bookmark the permalink.