Saturday, June 24, 2017

How's the #Resistance doing?

Pretty well, it looks like.  Many of its founders are already getting rich Making American Great Again. 
Other Democratic lobbyists have found that their corporate clients’ interests align with the Trump administration. Some, like Podesta, are taking financial planning industry cash to work on the fiduciary rule.

Steve Elmendorf, a former senior advisor to Clinton’s 2008 run, maintained a high-profile role with Clinton’s 2016 run, raising $341,000 for the campaign. He is now one of the most prominent corporate lobbyists in Washington, D.C. Records show that Elmendorf, too, lobbied on the fiduciary rule. His client, the Securities Industry and Financial Markets Association, a trade group for firms like Prudential, has made delaying the rule a major goal and celebrated Trump’s move to delay implementation.

UnitedHealth, the health insurance giant, is also an Elmendorf client. Filings made to ethics officials on Capitol Hill reveal that Elmendorf is helping UnitedHealth work on issues related to the Affordable Care Act, including the health insurance industry tax, a provision of the ACA that UnitedHealth has made clear it seeks to repeal or delay. Congressional Republicans have said that, if they are successful with their overhaul of the law, the tax will be gone.
Meanwhile we're still arguing over whether Democratic candidates who run in conservative leaning districts should advance a progressive agenda or just drift along to where the money is.  If you're in the club who gets paid no matter who wins, you can see how this might not seem like an important matter to you.

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