Trump To Sign Pro-Wall Street, Anti-Consumer And Veteran Bill Behind Closed Doors

This afternoon – without press access and behind closed doors – Donald Trump will sign legislation dismantling the Consumer Financial Protection Bureau’s rule against forced arbitration – a practice used by Wall Street banks, credit card companies, and predatory lenders to deny Americans their full legal rights when they are victims of fraud on the part of those companies.

American Bridge spokesperson Andrew Bates responded to Trump’s signing of the bill with the following statement:

“Donald Trump is selling-out middle class families, working Americans, and veterans by signing this dangerous legislation – a key Wall Street lobbying priority – which lets banks and credit card companies evade legal accountability after defrauding their customers. And he’s doing it behind closed doors, hoping that no one will notice. Giving large, financial sector companies the ability to deprive American consumers of fundamental legal rights using fine print is the exact opposite of ‘draining the swamp’ – and it’s […]

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REPORT: The Kochs’ Transparent Attempt To Pander To Millennials

Bridge Project’s “Month’s Supply of Koch” is dwindling as we approach the end of May with the release of the fourth report: “GenFlop: The Kochs’ Transparent Attempt to Pander to #Millennials.” The latest report is a deep dive into Generation Opportunity, the Kochs’ youth outreach front group, which spreads their libertarian, profit-driven agenda to millennials.

Much of GenOpp’s advocacy is focused on lower-profile campaigns that would appeal to young people, such as supporting food trucks and ride-sharing apps like Uber. However, these smaller campaigns are designed to build an audience of millennials to whom the Koch agenda can be pitched; this agenda is aimed at boosting the Kochs’ bottom line, often at the expense of these same young people. Besides reaching millennials via social media, Generation Opportunity has also spent millions from their Koch-raised coffers on ads and grassroots lobbying efforts such as hosting events on college campuses.

Read more after the jump.