Hillary Clinton Statement on CFPB Fine of Wells Fargo

Yesterday, the Consumer Financial Protection Bureau imposed a $100 million fine on Wells Fargo for secretly creating hundreds of thousands of bank accounts for their customers. Hillary Clinton released the following statement:

“Yesterday, we learned that one of the largest banks in America secretly opened hundreds of thousands of bank and credit card accounts for their customers, moving money across accounts and charging fees without customer knowledge or consent. There is simply no place for this kind of outrageous behavior in America, and I applaud the Consumer Financial Protection Bureau for its forceful response.

Donald Trump wants to dismantle the CFPB and repeal the crucial rules we put on Wall Street after the financial crisis, but yesterday’s action is a stark reminder of why we need a strong consumer watchdog to safeguard against unfair and deceptive practices. And it’s yet another example of how much is at stake in this election.”

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News Source: CFPB

HFA’s Response to Trump’s Education Speech

On Thursday, Donald Trump unveiled his education plan during a speech in Cleveland, Ohio. Hillary for America Senior Policy Advisor Maya Harris released the following statement in response.

“It’s no surprise that Donald Trump—whose only experience when it comes to education is his fraudulent ‘Trump University’—offered education policies that would prove disastrous for our public schools, our educators, and most importantly, our kids. Let’s be clear: Trump’s proposal to apparently gut nearly 30 percent of the federal education budget and turn it into private school vouchers would decimate public schools across America and deprive our most vulnerable students of the education they deserve.

Hillary Clinton believes that the public school system is one of the pillars of our democracy. As president she will fight to strengthen our public schools to ensure every student receives a world-class education, regardless of their ZIP code.”

Donald Trump’s proposal, explained:

TRUMP: “[U]se $20 billion of existing federal dollars to establish a block grant for the 11 million school age kids living in poverty.”

EXPLAINER: A more extreme version of past Republican proposals, Trump’s plan would apparently eliminate the targeting of federal dollars to schools and districts with the highest concentrations of low-income students. Instead, he would turn over all $15.4 billion in Title I funding to states, and allow money to follow students outside of the public school system to private or parochial schools.

• Trump’s proposal could strip funding from up to 56,000 public schools serving more than 21 million children. By allowing funding to leave America’s 56,000 Title I schools, Trump’s proposal will put crucial funding at risk for nearly 21 million American students.
• Trump’s proposal might only serve 1.4 million students, while stripping funding from the other 10.5 million low-income students in America. Trump’s proposal would serve no-where near 11 million students. The average cost of a K-12 private school is $13,640 per student, per year. Since the vast majority of states do not support private school vouchers, Trump’s proposal would have to carry the full cost of attendance. As a result, Trump’s proposal might only serve 1.4 million students, while taking away funding that serves America’s low-income schools.
• Trump’s proposal could have a devastating impact on student achievement. Research shows that students who attend schools using vouchers often do worse than those who stayed in their neighborhood public schools.

To fund his $20 billion voucher program, Trump would have to cut all Title I funding and $5 billion dollars in additional federal education programs. Trump would need to “repurpose” roughly $5 billion in annual education funding which currently supports programming such as preschool, Pell grants, and crucial resources to help low income students, students with disabilities, and English-language learners.

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News Source: Pittsburgh Post-Gazette

Vice President Biden Campaigns for Clinton/Kaine in Ohio

On Thursday, Vice President spoke at two campaign events in Ohio in support of Hillary Clinton. At the first event in Warren, Biden spoke to a crowd of supporters at the United Auto Workers Local 1714 hall. Biden, like Clinton, included local references in his speech. He spoke about the importance of the automakers in Ohio and their successful turnaround following the recession in 2008 and 2009. He then spoke about a number of topics including Clinton’s record as a public servant and her dedication to the country, her plans for the economy and building jobs, and his ties to Ohio. Biden then went after Donald Trump for being ignorant of foreign affairs saying, “He is totally, thoroughly, completely uninformed.” A video from the event is below.

Biden then spoke at a rally outside of Cleveland in Parma. During his speech, the Vice President continued to go after Trump, but he focused more of his time on Clinton’s experience and his middle class roots. He told stories about his father’s job and his family’s money problems saying that his father couldn’t qualify for a loan to help him pay for college. When it comes to the struggles of the middle class, Biden said, “Hillary gets it, man. Trump has no idea. He has no idea.” A video from the event is below.

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News Source: Cleveland.com, The Columbus Dispatch

Hillary Clinton Statement on End Citizens United PAC Endorsement

On Wednesday, Hillary Clinton received the endorsement of the End Citizens United PAC. In a release the group praised Clinton’s proposed plans for changing the current election cycle and her pledge to propose a constitutional amendment overturning the Supreme Court’s ruling. Clinton released a statement echoing the group’s commitment to overturning Citizens United and ensuring that all voters have a say in our democracy. A copy of Clinton’s statement is below.

“I am honored to have earned the endorsement of the End Citizens United PAC, an organization working tirelessly to fix our broken campaign finance system and restore control of our elections to the American people.

I have said from the beginning of my campaign that we need to be protecting people’s right to vote, not corporations’ right to buy elections. That means restoring the full power and protections of the Voting Rights Act and fighting back against Republican efforts to make it harder for women, young people, and people of color to vote by imposing onerous voting restrictions.

And it means overturning the disastrous Citizens United Supreme Court decision and putting our democracy back in the hands of the voters. In my first 30 days as President, I will propose a constitutional amendment to overturn Citizens United. I will appoint Supreme Court justices who understand that this decision deeply hurt our democracy, and I will fight for other progressive reforms to our campaign finance system, including more robust disclosure requirements, and measures that will make it easier for people who aren’t rich or well-connected to run for office, like small-donor matching.

But we can’t stop there. We should make it easier for people to vote–including through automatic voter registration and a minimum of 20 days of early, in-person voting. Together, we can restore people’s voices and people’s votes to their rightful place–at the center of American democracy.”

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News Source: End Citizens United

Hillary Clinton Wins Washington, DC Primary

On Tuesday, Hillary Clinton won the Democratic primary in Washington, DC defeating rival Senator Bernie Sanders. With 46.9% of precincts reporting, Clinton currently leads Sanders 78.9% to 20.9%. Clinton secured enough delegates to grab the Democratic nomination following last week’s primaries, and tonight’s election in DC represents the last primary in the cycle. The next event for the Democratic Party will be the Democratic Convention July 25-29, 2016.

Tonight, Clinton and Sanders met in Washington, DC to discuss the path forward and ensure that Republican Donald Trump is not elected president in November. Both campaigns released a statement saying that the meeting went well. A Clinton campaign official said, “The two discussed a variety of progressive issues where they share common goals like raising wages for working families, eliminating undisclosed money in politics and reducing the cost of college for students and their families.” Clinton has made it clear that she is willing to work with Sanders to ensure unity within the Democratic Party, but Sanders has refused to concede.

We just won Washington, D.C.! Grateful to everyone who voted. pic.twitter.com/ImPsK42yGd

— Hillary Clinton (@HillaryClinton) June 15, 2016

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News Source: NBC News, Politico

Hillary Clinton Releases Statement of Support for “We the People”

RENO, NV – FEBRUARY 15: Democratic Presidential candidate and former Secretary of State Hillary Clinton speaks at a campaign rally at Truckee Meadows Community College on February 15, 2016 in Reno, Nevada. (Photo by David Calvert/Getty Images)

On Thursday, Hillary Clinton released a statement supporting the proposed “We the People” Act that will be introduced by Senate Democrats. The plan is designed to remove money from politics and bring the democracy back to the people. The plan would add strict regulations to campaigns and PACs. The bill also includes provisions to limit lobbying in Washington, DC. Details of the plan will be introduced in the coming days; however, Clinton endorsed the plan saying it would “help restore our democracy and break the grip of wealth special interests in Washington.” A copy of Clinton’s statement is below:

“I applaud the Senate Democrats for proposing a strong package of reforms to help restore our democracy and break the grip of wealthy special interests in Washington. As I have said consistently in this campaign, we need to overturn the disastrous Citizens United decision and make government more responsive to the American people. Our elections should be shaped by voters’ voices, not bought and sold by corporations and special interests.  Congress should pass this bill as quickly as possible—and should I be elected President, I would proudly sign it.”

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News Source: The New York Times

Clinton Releases Campaign Finance Plan

Today, Hillary Rodham Clinton released her plan for campaign finance reform. In a release on her website, Clinton outlined points to her plan to cut untraceable money and the influence of wealthy individuals and corporations from politics. The proposal has three main points. First, overturn the Citizens United ruling by appointing Supreme Court Justices dedicated to overturning it and passing a Constitutional amendment. Next, end the flow of unaccountable money that requires public disclosure of donations and spending by outside organizations, requiring publicly traded companies to disclose contributions, and require all federal government contractors to report all political spending. Finally, she hopes to make the voices of everyday Americans heard over those who contribute large amounts by enacting a donor matching program, lower contribution limits, and enforce all campaign finance laws.

The goal of the plan is to ensure that average Americans have a voice in choosing their elected leaders and not allowing those with the deepest pockets to call the shots. Clinton has been a critic of the Citizens United ruling. Clinton’s campaign released a video (above), and you can read the full details of Clinton’s plan by clicking HERE.

Tonight, ABC will air an interview by David Muir with Clinton that will cover a number of topics including the agreement with Iran, her use of a private email server as Secretary of State, and her campaign. Details from the interview will be posted later this evening.

News Source: Time, The New York Times, The Briefing