Kamala Harris’ complicated history with Wall Street will come under scrutiny in the 2020 race

Kamala Harris’ complicated history with Wall Street will come under scrutiny in the 2020 race. Harris made waves in 2011 as California attorney general after pulling her state out of national negotiations with big banks, later negotiating a $25 billion settlement for foreclosed households. Still, critics point to her refusal to prosecute OneWest Bank’s then-CEO Steve Mnuchin for mortgage fraud.

Sen. Kamala Harris’ history with Wall Street and the banking industry is about to come under scrutiny in a big way as the California Democrat joins what is expected to be large group of candidates seeking to topple President Donald Trump in 2020. Harris, of California, has a history of squaring off with the banking industry. The senator, who is under fire from the left over her track record on criminal justice matters, has also been criticized for not going far enough against Wall Street. With the Democratic base moving further to the left since President Donald Trump’s election, the party’s 2020 presidential candidates’ relationship with big business and Wall Street are being subjected to intense scrutiny.

“There is definitely a group of caucus-goers and New Hampshire primary voters that are always going to have an issue when they hear ‘Wall Street’,” said Gillian Rosenberg Armour, a Democratic political strategist who worked on Barack Obama’s 2008 campaign. New York’s Sen. Kirsten Gillibrand, who said earlier this month that she would run for president, has voted for increased regulation of the financial industry, has received criticism from the left for taking money from big money interests and gauging the support of Wall Street financiers. Former Vice President Joe Biden, who is considering whether to jump into the 2020 race, has deep, long-held ties to the banking industry.

In a crowded Democratic primary field, Harris will be vying for liberal voters against potential candidates who have made cracking down on Wall Street their personal brand. Elizabeth Warren went from a prominent bankruptcy law scholar to creating the Consumer Financial Protection Bureau before she became a Massachusetts senator. Sen. Bernie Sanders, who is considering whether he should run again, proposed breaking up “too-big-to-fail” banks, introducing a bill to do just that in October. “How [Harris] frames her record is really going to be the deciding factor,” Armour said.

https://www.cnbc.com/2019/01/26/kamala-harris-has-complicated-history-with-wall-street.html

One West Package Memo PDF

https://assets.documentcloud.org/documents/3250383/OneWest-Package-Memo.pdf

Van Jones: John Lewis, Sheila Jackson Lee Opposed Criminal Justice Reform Because ‘They Just Didn’t Want Trump To Have A Victory’

Palm Springs, Calif. — Prominent liberal Democrats opposed 2018’s criminal justice reform, and CNN progressive commentator Van Jones thinks he knows why. Presidential hopefuls Sens. Kamala Harris and Cory Booker joined Sen. Dick Durbin and Reps. John Lewis and Sheila Jackson Lee on a May 2017 letter calling the First Step Act “a step backwards.” “I think publicly they were saying it doesn’t go far enough,” Jones said in a video played at the winter Koch Seminar Sunday morning. “I think privately, they just didn’t want Trump to have a victory.”

The bill was prominently championed by an unlikely alliance of Jones, billionaire industrialist Charles Koch’s libertarian network, President Donald Trump’s son in law Jared Kushner, Kim Kardashian West and Utah Sen. Mike Lee. President Donald Trump signed it into law Dec. 21, at the conclusion of the 115th Congress and just a day before partisan gridlock kicked off the longest government shutdown in U.S. history. While Senate Democrats ended up voting in lockstep for the act, joining the GOP to beat back a 12-vote law-and-order protest, in the House, 57 Democrats, including Reps. Lewis, Barbara Lee, Maxine Waters, Hank Johnson, Elijah Cummings, Al Green and Joseph Kennedy, ended up voting against the law– dwarfing the two Republican nays.

The first 2019 meeting of Koch’s Seminar Network brings together allied leaders and organizations with 634 “partners,” or donors who give $100,000 or more per year, and over 100 new attendees. The libertarian network, which is is made up of largely center-right, conservative and Republican donors, is frequently hit by players on the left and the right, with President Trump targeting them for opposition to his trade and immigration agenda in tweets sent during their July meeting. Despite a reputation for national campaign politics, since its inception in 2003 the network has worked in a number of less political areas, particularly education, community and poverty. Meetings over the past several years, however, have tended to strongly emphasize politics, but 2019 continued a shift away from partisanship.

https://www.dailycaller.com/2019/01/27/van-jones-john-lewis-sheila-jackson-lee-criminal-justice-reform-trump/

>>4934987

President Trump First Step and Juvenile Justice Reform Acts Signing

President Trump signed two criminal justice reform bills, the First Step Act and the Juvenile Justice Reform Act, in an Oval Office ceremony with lawmakers, faith leaders, law enforcement officers and criminal justice reform advocates. The president opened his remarks by addressing the looming partial government shutdown. He reiterated he would not sign a spending bill unless it included money for his proposed wall along the U.S.-Mexico border and blamed Democrats for the impasse.

https://www.c-span.org/video/?456225-1/president-trump-signs-step-juvenile-justice-reform-acts

No they are not laughing at us, they are just mad that it was done by Trump! Sour Grapes as they say