Tim Kaine on CorporationsDemocratic Senate Challenger; previously Governor | |
I will continue looking for ways to streamline regulations and strike the right balance between protecting consumers and our environment while fostering economic growth. We also need to create a fair tax code that closes some of the gaping loopholes that have allowed large corporations to get an unfair advantage over small businesses.
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:
| |||
Other candidates on Corporations: | Tim Kaine on other issues: | ||
VA Gubernatorial: Amanda Chase Bob McDonnell Frank Wagner Justin Fairfax Ken Cuccinelli Mark Herring Ralph Northam Robert Sarvis Terry McAuliffe Tom Perriello VA Senatorial: Amanda Chase Corey Stewart Daniel Gade Mark Warner Nick Freitas Scott Taylor VA politicians VA Archives |
Senate races 2019-20:
AK: Sullivan(R,incumbent) vs.Gross(I) AL: Jones(D,incumbent) vs.Sessions(R) vs.Moore(R) vs.Mooney(R) vs. AR: Cotton(R,incumbent) vs. AZ: McSally(R,incumbent) vs.Kelly(D) CO: Gardner(R,incumbent) vs.Hickenlooper(D) vs. DE: Coons(D,incumbent) vs.Scarane(D) GA-2: Isakson(R,resigned) Loeffler(R,appointed) vs.Lieberman(D) vs.Collins(R) vs.Carter(D) GA-6: Perdue(R,incumbent) vs.Tomlinson(D) vs.Ossoff(D) vs.Terry(D) IA: Ernst(R,incumbent) vs.Graham(D) vs.Mauro(D) vs.Greenfield(D) ID: Risch(R,incumbent) vs.Harris(D) vs.Jordan(D) IL: Durbin(D,incumbent) vs.Curran(R) vs. KS: Roberts(R,retiring) vs. KY: McConnell(R,incumbent) vs.McGrath(D) vs.Morgan(R) vs.Cox(D) vs.Tobin(D) vs.Booker(D) LA: Cassidy(R,incumbent) vs.Pierce(D) |
MA: Markey(D,incumbent) vs. ME: Collins(R,incumbent) vs.Sweet(D) vs.Gideon(D) vs. MI: Peters(D,incumbent) vs.James(R) MN: Smith(D,incumbent) vs. MS: Hyde-Smith(R,incumbent) vs.Espy(D) vs.Bohren(D) MT: Daines(R,incumbent) vs.Bullock(D) vs. NC: Tillis(R,incumbent) vs.E.Smith(D) vs.S.Smith(R) vs.Cunningham(D) vs.Tucker(R) vs. NE: Sasse(R,incumbent) vs.Janicek(R) NH: Shaheen(D,incumbent) vs.Martin(D) vs.Bolduc(R) vs.O'Brien(f) NJ: Booker(D,incumbent) vs.Singh(R) vs.Meissner(R) NM: Udall(D,retiring) vs.Clarkson(R) vs. OK: Inhofe(R,incumbent) vs.Workman(D) OR: Merkley(D,incumbent) vs.Romero(R) vs.Perkins(R) RI: Reed(D,incumbent) vs.Waters(R) SC: Graham(R,incumbent) vs.Tinubu(D) vs.Harrison(D) SD: Rounds(R,incumbent) vs.Borglum(R) vs.Ahlers(D) TN: Alexander(R,incumbent) vs.Sethi(R) vs.Mackler(D) vs.Hagerty(R) TX: Cornyn(R,incumbent) vs.Hegar(D) vs.Hernandez(D) vs.Bell(D) vs.Ramirez(D) vs.West(D) VA: Warner(D,incumbent) vs. WV: Capito(R,incumbent) vs.Swearengin(D) vs.Ojeda(D) WY: Enzi(R,incumbent) vs.Ludwig(D) vs.Lummis(R) |
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: Campaign website: www.kaineforva.com Email: team@kaineforva.com Mailing Address: PO Box 12307, Richmond, VA 23241 Phone: 804-819-1919 |