OnTheIssuesLogo

Dianne Feinstein on Corporations

Democratic Sr Senator (CA)

 


Voted YES on repealing tax subsidy for companies which move US jobs offshore.

Amendment to repeal the tax subsidy for certain domestic companies which move manufacturing operations and American jobs offshore.
Reference: Tax Subsidy for Domestic Companies Amendment; Bill S AMDT 210 to S Con Res 18 ; vote number 2005-63 on Mar 17, 2005

Voted NO on reforming bankruptcy to include means-testing & restrictions.

Amends Federal bankruptcy law to revamp guidelines governing dismissal or conversion of a Chapter 7 liquidation (complete relief in bankruptcy) to one under either Chapter 11 (Reorganization) or Chapter 13 (Adjustment of Debts of an Individual with Regular Income). Voting YES would:
Reference: Bankruptcy Abuse Prevention and Consumer Protection Act of 2005; Bill S 256 ; vote number 2005-44 on Mar 10, 2005

Voted YES on restricting rules on personal bankruptcy.

Vote to pass a bill that would require debtors able to repay $10,000 or 25 percent of their debts over five years to file under Chapter 13 bankruptcy (reorganization and repayment) rather than Chapter 7 (full discharge of debt).
Reference: Bill HR 333 ; vote number 2001-236 on Jul 17, 2001

Rated 39% by the US COC, indicating a mixed business voting record.

Feinstein scores 39% by US Chamber of Commerce on business policy

Whether you own a business, represent one, lead a corporate office, or manage an association, the Chamber of Commerce of the United States of AmericaSM provides you with a voice of experience and influence in Washington, D.C., and around the globe.

Our members include businesses of all sizes and sectors—from large Fortune 500 companies to home-based, one-person operations. In fact, 96% of our membership encompasses businesses with fewer than 100 employees.

Mission Statement:

"To advance human progress through an economic, political and social system based on individual freedom, incentive, initiative, opportunity, and responsibility."
The ratings are based on the votes the organization considered most important; the numbers reflect the percentage of time the representative voted the organization's preferred position.
Source: COC website 03n-COC on Dec 31, 2003

Expand lending caps for credit unions to small business.

Feinstein co-sponsored Small Business Lending Enhancement Act

Congressional Summary:

Supporter's Comments: (by CUNA, a pro-credit union organization)
America's small businesses are the engine of growth of our nation's economy. The effects of the financial crisis of the past few years have spread to all types of lending, resulting in a reduction in the availability of business credit. At a time when banks are withdrawing credit from America's small businesses, credit unions have actually been expanding credit to small businesses, but with more credit unions approaching the cap, this growth is threatened. Congress should enact legislation which increases the credit union member business lending cap from 12.25% of assets to 27.5% for well-capitalized credit unions

Opponent's Comments: (by the Independent Community Banks of America, Nov. 15, 2012)
The tax-subsidized credit union industry is pressing for doubling the statutory cap Congress placed on member business loans. Shifting assets from tax-paying banks to tax-exempt credit unions would reduce tax revenue to the government; the CBO estimates the revenue impact at $354 million over 10 years. We believe that banks are currently meeting the needs of credit-worthy businesses, as substantiated by numerous business surveys.

Source: HR1418 /S2231 12-S2231 on Mar 22, 2012

Rated 86% by UFCW, indicating an anti-management/pro-labor record.

Feinstein scores 86% by UFCW on labor-management issues

The United Food and Commercial Workers International Union (UFCW) is North America's Neighborhood Union--1.3 million members with UFCW locals in all 50 states, Puerto Rico and Canada. Our members work in supermarkets, drug stores, retail stores, meatpacking and meat processing plants, food processing plants, and manufacturing workers who make everything from fertilizer to shoes. We number over 60,000 strong with 25,000 workers in chemical production and 20,000 who work in garment and textile industries.

    The UFCW Senate scorecard is based on these key votes:
  1. American Jobs Act (+)
  2. Balanced Budget Amendment (-)
  3. Rejecting Cut, Cap, and Balance (+)
  4. Repeal Health Care Law (-)
  5. Sen. Am. 14 Wicker Am. to S 223, excluding unionization at TSA (-)
  6. Sen. Am. 740 McCain Am. to HR 2112, defunding TAA (-)
  7. Trade Adjustment Assistance Extension Act (TAA) (+)
Source: UFCW website 12-UFCW-S on May 2, 2012

Deregulating banks encourages discriminatory practices.

Feinstein voted NAY Banking Bill

Congressional Summary:

Supporting press release from Rep. Tom Emmer (R-MN-6): This legislation will foster economic growth by providing relief to Main Street, tailor regulations for better efficacy, and most importantly it will empower individual Americans and give them more opportunity.

Opposing statement on ProPublica.org from Rep. Gregory Meeks (D-NY-5): The bill includes many provisions I support: minority-owned banks and credit unions in underserved communities have legitimate regulatory burden concerns. Unfortunately, exempting mortgage disclosures enacted to detect discriminatory practices will only assist the Trump Administration in its overall effort to curtail important civil rights regulations. I simply cannot vote for any proposal that would help this Administration chip away at laws that I and my colleagues worked so hard to enact and preserve.

Legislative outcome: Passed House 258-159-10 on May 22, 2018(Roll call 216); Passed Senate 67-31-2 on March 14, 2018(Roll call 54); Signed by President Trump. May 24, 2018

Source: Congressional vote 16-S2155 on Mar 14, 2018

Reducing tax rates balloons federal deficit & cuts programs.

Feinstein voted NAY Tax Cuts and Jobs Act

Summary by GovTrack.US: (Nov 16, 2017)

Case for voting YES by Heritage Foundation (12/19/17):This is the most sweeping update to the US tax code in more than 30 years. The bill would lower taxes on businesses and individuals and unleash higher wages, more jobs, and untold opportunity through a larger and more dynamic economy. The bill includes many pro-growth features, including a deep reduction in the corporate tax rate, a scaled-back state and local tax deduction, full expensing for five years, and lower individual tax rates.

Case for voting NO by Sierra Club (11/16/17): Republicans have passed a deeply regressive tax plan that will result in painful cuts to core domestic programs, to give billionaires and corporate polluters tax cuts while making American families pay the price. Among the worst provisions:

  • This plan balloons the federal deficit by over $1.5 trillion. Cutting taxes for the rich now means cuts to the federal budget and entitlements later.
  • The bill hampers the booming clean energy economy by ending tax credits for the purchase of electric vehicles and for wind and solar energy.
  • The bill opens up the Arctic Refuge to drilling, a thinly veiled giveaway to the fossil fuel industry.

    Legislative outcome: Passed House, 224-201-7, roll call #699 on 12/20; passed Senate 51-48-1, roll call #323 on 12/20; signed by Pres. Trump on 12/22.

    Source: Congressional vote 17-HR1 on Nov 16, 2017

    Restrict corporate use of consumer mandatory arbitration.

    Feinstein signed restricting corporate use of consumer mandatory arbitration

    Excerpts from Letter from 35 Senators to the CFPB: We write to commend the Consumer Financial Protection Bureau (CFPB) for its proposed rule to limit the use of mandatory, pre-dispute ("forced") arbitration clauses in consumer financial product and service contracts. Every day, Americans across the country are forced to sign away their constitutional right to access the courts as a condition of purchasing common products and services like credit cards, checking accounts, and private student loans. Binding arbitration is a privatized justice system that studies show consistently produces results that favor large corporations and offers no meaningful appeals process. As a result, consumers are left without redress, and companies are unaccountable for their unscrupulous behavior.

    Opposing freedom argument: (Cato Institute, "ATLA monopoly," May 2002): The trial lawyers new goal is to tighten their monopoly grip on the court system, and prevent the rest of us from choosing a more efficient means of resolving our disputes. Arbitration is simply private court. Lawyers with a vested interest in a monopoly court system are trying to stop the arbitration business from developing. But there's nothing forced or mandatory about it. Contracts are the result of choice. People should be free to choose for themselves what contracts to make and what rights to give up.

    Opposing economic argument: (Heritage Foundation, "The Unfair Attack on Arbitration," July 17, 2013): Any study by the Consumer Financial Protection Bureau should examine whether a limit on arbitration would:

    Source: Letter to CFPB Director 17LTR-CFPB on Aug 4, 2016

    Other candidates on Corporations: Dianne Feinstein on other issues:
    CA Gubernatorial:
    Antonio Villaraigosa
    Caitlyn Jenner
    Carly Fiorina
    David Hadley
    Delaine Eastin
    Doug Ose
    Eric Garcetti
    Eric Swalwell
    Gavin Newsom
    Hilda Solis
    Jerry Brown
    Jerry Sanders
    John Chiang
    John Cox
    Kamala Harris
    Kevin Faulconer
    Kevin Paffrath
    Larry Elder
    Laura Smith
    Neel Kashkari
    Travis Allen
    Xavier Becerra
    CA Senatorial:
    Duf Sundheim
    Greg Brannon
    Kamala Harris
    Kevin de Leon
    Loretta Sanchez
    Michael Eisen
    Rocky Chavez
    Tom Del Beccaro

    CA politicians
    CA Archives
    Senate races 2021-22:
    AK: Incumbent Lisa Murkowski(R)
    vs.Challenger Kelly Tshibaka(R)
    vs.2020 candidate Al Gross(D)
    AL: Incumbent Richard Shelby(R) vs.U.S. Rep. Mo Brooks(R) vs.Ambassador Lynda Blanchard(R) vs.Katie Britt(R) vs.Judge Jessica Taylor(R) vs.Brandaun Dean(D) vs.State Rep. John Merrill(R)
    AR: Incumbent John Boozman(R)
    vs.Candidate Dan Whitfield(D)
    vs.Jake Bequette(R)
    AZ: Incumbent Mark Kelly(D)
    vs.CEO Jim Lamon(R) vs.Blake Masters(R)
    vs.A.G. Mark Brnovich(R) vs.Mick McGuire(R)
    CA: Incumbent Alex Padilla(D)
    vs.2018 Senate candidate James Bradley(R)
    vs.Lily Zhou(R)
    vs.State Rep. Jerome Horton(D)
    CO: Incumbent Michael Bennet(D)
    vs.Eli Bremer(R)
    vs.USAF Lt. Darryl Glenn(R)
    CT: Incumbent Richard Blumenthal(D)
    vs.Challenger Joe Visconti(R)
    vs.2018 & 2020 House candidate John Flynn(R)
    FL: Incumbent Marco Rubio(R)
    vs.U.S.Rep. Val Demings(D)
    vs.U.S. Rep. Alan Grayson(D)
    GA: Incumbent Raphael Warnock(D)
    vs.Navy vet Latham Saddler(R)
    vs.Gary Black(R)
    vs.Herschel Walker(R)
    HI: Incumbent Brian Schatz(D)
    vs.Former State Rep. Cam Cavasso(R ?)
    IA: Incumbent Chuck Grassley(R)
    vs.State Sen. Jim Carlin(R)
    vs.Michael Franken(D)
    vs.Bob Krause(D)
    vs.Former U.S. Rep IA-1 Abby Finkenauer(D)
    ID: Incumbent Mike Crapo(R)
    vs.James Vandermaas(D)
    vs.Natalie Fleming(R)
    IL: Incumbent Tammy Duckworth(D)
    vs.U.S.Rep. Adam Kinzinger(? R)
    vs.Peggy Hubbard(R)
    IN: Incumbent Todd Young(R)
    vs.Challenger Haneefah Abdul-Khaaliq(D)
    vs.Psychologist Valerie McCray(D)
    vs.Thomas McDermott(D)
    KS: Incumbent Jerry Moran(R)
    vs.Michael Soetaert(D)
    vs.Mark Holland(D)
    vs.Joan Farr(R)
    KY: Incumbent Rand Paul(R)
    vs.State Rep Charles Booker(D)
    LA: Incumbent John Kennedy(R)
    vs.Luke Mixon(D)
    vs.Gary Chambers(D)

    MD: Incumbent Chris Van Hollen(D)
    vs.Colin Byrd(D)
    MO: Incumbent Roy Blunt(R)
    vs.Eric Greitens(R) vs.Scott Sifton(D)
    vs.Eric Schmitt(R) vs.Lucas Kunce(D)
    vs.Mark McClosky(R) vs.Vicky Hartzler(R)
    vs.Tim Shepard(D) vs.Billy Long(R)
    NC: Incumbent Richard Burr(R,retiring)
    Erica Smith(D) vs.Mark Walker(R)
    vs.Ted Budd(R) vs.Pat McCrory(R)
    vs.Cheri Beasley(D) vs.Rett Newton(D)
    vs.Jeff Jackson(D) vs.Marjorie K. Eastman(R)
    ND: Incumbent John Hoeven(R)
    vs.Michael J. Steele(D)
    NH: Incumbent Maggie Hassan(D)
    vs.Don Bolduc(R)
    vs.Chris Sununu(R ?)
    NV: Incumbent Catherine Cortez Masto(D)
    vs.Adam Laxalt(R)
    NY: Incumbent Chuck Schumer(D)
    vs.Antoine Tucker(R)
    OH: Incumbent Rob Portman(R,retiring)
    Bernie Moreno(R) vs.Tim Ryan(D)
    vs.Jane Timken(R) vs.Josh Mandel(R)
    vs.JD Vance(R) vs.Mike Gibbons(R)
    vs.Morgan Harper(D) vs.Matt Dolan(R)
    OK: Incumbent James Lankford(R)
    vs.Nathan Dahm(R)
    vs.Joan Farr(R)
    OR: Incumbent Ron Wyden(D)
    vs.QAnon adherent Jo Rae Perkins(R)
    vs.Jason Beebe(R)
    PA: Incumbent Pat Toomey(R,retiring)
    vs.Everett Stern(R) vs.Jeff Bartos(R)
    vs.Val Arkoosh(D) vs.Carla Sands(R)
    vs.John Fetterman(D) vs.Malcolm Kenyatta(D)
    vs.Kathy Barnette(R) vs.Sharif Street(D)
    vs.Conor Lamb(D) vs.Sean Parnell(R)
    vs.Craig Snyder(R) vs.Mehmet Oz(R)
    SC: Incumbent Tim Scott(R)
    vs.State Rep. Krystle Matthews(D)
    SD: Incumbent John Thune(R)
    vs.State Rep. Billie Sutton(? D)
    UT: Incumbent Mike Lee(R) vs.Allen Glines(D)
    vs.Austin Searle(D) vs.Evan McMullin(I)
    VT: Incumbent Patrick Leahy(D)
    vs.Scott Milne(? R)
    vs.Peter Welch(D)
    WA: Incumbent Patty Murray(D)
    vs.Challenger Tiffany Smiley(R)
    WI: Incumbent Ron Johnson(R) vs.Tom Nelson(D)
    vs.Sarah Godlewski(D) vs.Alex Lasry(D)
    vs.Chris Larson(D) vs.Mandela Barnes(D)
    Abortion
    Budget/Economy
    Civil Rights
    Corporations
    Crime
    Drugs
    Education
    Energy/Oil
    Environment
    Families
    Foreign Policy
    Free Trade
    Govt. Reform
    Gun Control
    Health Care
    Homeland Security
    Immigration
    Jobs
    Principles
    Social Security
    Tax Reform
    Technology
    War/Peace
    Welfare

    Other Senators
    Senate Votes (analysis)
    Bill Sponsorships
    Affiliations
    Policy Reports
    Group Ratings

    Contact info:
    Email Contact Form
    Fax Number:
    202-228-3954
    Phone number:
    (202) 224-3841





    Page last updated: Dec 24, 2021