Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

DonViejo

(60,536 posts)
Fri Oct 28, 2016, 08:11 AM Oct 2016

Progressive group tries to inject Wells Fargo scandal into House races

By David Weigel October 27 at 7:22 PM

The Working Families Party, a progressive organization founded in New York but expanding its reach with every election, is spending in three usually Republican congressional districts in an attempt to nationalize the election around something new: the Wells Fargo scandal.

The ad, versions of which are running against Reps. Scott Garrett (R-N.J.), Sean P. Duffy (R-Wis.) and French Hill (R-Ark.), hammers each incumbent for supporting the Financial Choice Act, one of many bills that has slid through the House of Representatives with no chance of making it through the Senate. Pushed by Rep. Jeb Hensarling (R-Tex.), chairman of the House Financial Services Committee, the bill would scale back the Consumer Financial Protection Bureau, a creation of the Dodd-Frank financial reform act that Republicans have painted as yet another out-of-control bureaucracy.

Flipping the script, the Working Families Party portrays the CFPB — correctly — as the organization that exposed a pattern of Wells Fargo employees creating fake bank accounts in customers’ names to meet aggressive sales goals.

“He voted to cripple the agency that uncovered the crooked scam,” says the narrator in an ad aimed at Garrett. “To roll back consumer protections that stop predatory lending. And to let the credit card companies charge more every time you swipe.”



-snip-

https://www.washingtonpost.com/news/post-politics/wp/2016/10/27/progressive-group-tries-to-inject-wells-fargo-scandal-into-house-races/?wpisrc=nl_politics&wpmm=1

Latest Discussions»Retired Forums»2016 Postmortem»Progressive group tries t...