Wall Street Reform Matters
Hear AFL-CIO policy director Damon Silvers explain why financial reform is important and his assessment of his debate with American Bankers Association president Edward Yingling.
The banking lobby, as corporate lobbies are wont to do, can build a wonderful Potemkin village of consumer delights, where a defanged government beholden to business interests smiles as unfettered CEOs and marketers rack up their profits and where only the buyer need beware.
This particular village, however, is as flimsy as it is fake, as Damon Silvers, the policy director at the AFL-CIO, demonstrated in a face-off with the banking industry's chief lobbyist, American Bankers Association president Edward Yingling sponsored by the Aspen Institute.
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