State of Ohio Archives: on Corporations


Richard Cordray: Ran Consumer Financial Protection Bureau

Q: Economy: Support expanded regulatory role for federal government?

Richard Cordray (D): Yes. Ran Consumer Financial Protection Bureau, which forced financial institutions to return $12 billion to consumers. Has challenged Ohio payday lending industry.

Mike DeWine (R): No. Make Ohio a low tax, low regulation state that's attractive to businesses. Let governor suspend regulations that adversely affect job creation.

Source: 2018 CampusElect.org Issue Guide on Ohio Governor race Oct 9, 2018

Sherrod Brown: CFPB stops Wall Street from calling the shots on the budget

Q: Financial Regulation: Support Trump administration's proposed cutbacks of Consumer Financial Protection Bureau?

Sherrod Brown (D): No. "Now is not the time to let Wall Street & payday lenders call the shots on the budget."

Jim Renacci (R): Unclear. Sponsored bill that critics said restricted CFPB's ability to monitor releases of personal information.

Source: 2018 CampusElect.org Issue Guide on Ohio Senate race Oct 9, 2018

Jim Renacci: 2010 bailout closed my car dealership; Feds shouldn't pick

This is Renacci's first statewide election, but he has waged several smaller campaigns successfully before. An accountant, businessman and former Wadsworth mayor, he won his first campaign for Congress in 2010 after losing his Chevrolet dealership in the auto industry bailout that President Barack Obama's administration orchestrated. The bailout required industry consolidation and dealership closings -- and General Motors picked Renacci's dealership to close.

Democrats and industry analysts said the restructuring saved the American auto industry. Critics including Renacci said it put the government in the role of central planner, picking winners and losers. Unlike in other recent Brown races, Renacci's business background provides a real-world contrast for the coming general election.

Source: Norwalk Reflector on 2018 Ohio Senate race May 9, 2018

Richard Cordray: Nurture small businesses rooted in local communities

Ohio has fewer jobs today than it had in 2001. Local communities need to be equal partners in job growth strategies. Currently many feel left out. We must be more effective in spreading economic opportunity around. At the same time, we are missing other opportunities. Small businesses rooted in local communities frequently create quality jobs that stand the test of time. Small business, nurtured with appropriate resources and support, can foster sustainable economic growth and innovation.
Source: 2018 Ohio gubernatorial campaign website CordrayForOhio.com Apr 4, 2018

Richard Cordray: Developed guidelines to protect consumers from data breaches

The CFPB released nonbinding principles for third parties that use consumer financial data to help guide the development of solutions. The guidance said consumers should have ability to obtain information about their financial data from providers, while providers should collect information that does not expose consumers to data breaches, among other principles. "These principles express our vision for an innovative market that gives consumers protection and value," CFPB Director Cordray said.
Source: American Banker magazine on 2018 Ohio gubernatorial race Oct 18, 2017

Jim Renacci: Reduce the corporate tax rate to 25%, and individuals too

We should be doing everything we can to advance solutions that will grow our stagnant economy. We currently have the highest corporate tax rate in the industrialized world, which has led to more jobs overseas and fewer here at home. We need to reduce the corporate tax rate to 25 percent, which will lead to the creation of more jobs & increased global competitiveness. We need to reduce rates and consolidate today's individual brackets to ensure that taxpayers face maximum rates of 25 percent or lower.
Source: 2018 Ohio gubernatorial campaign website renacci.house.gov May 2, 2017

John Kasich: Businesses are job creators, the engines of job growth

Our greatest moral purpose as governmental leaders is to create an environment of job creation. Just a short six and a half years ago, we'd lost 350,000 jobs. I said, "Give us a chance." It was tough, and we came out stronger. Now we are up 460,000 new jobs in our state.

Our state, with JobsOhio's support, is attracting businesses of the 21st century from a range of different industries. Not just agriculture, not just making things, but it's across the board.

How did we do it? We reassured job creators that Ohio knows how to fix problems itself. We don't need to go and impose anything on them. We eliminated income taxes for almost every small business in the state. They're the engines of job growth. We streamlined regulations, committed ourselves to constantly improving job training, which is a big, big deal. So job creators can have the workforce they need and Ohioans can take advantage of all the new opportunities coming our way.

Source: 2017 Ohio State of the State address Apr 5, 2017

Mary Taylor: Common Sense Initiative: reform Ohio's regulatory policies

Taylor was sworn in as Ohio's 65th Lieutenant Governor on January 10, 2011, the same day Governor John R. Kasich named her to lead CSI Ohio--the "Common Sense Initiative" to reform Ohio's regulatory policies, as well as to serve as the director of the Ohio Department of Insurance. These two assignments dovetail together and provide the perfect launching pad for working to make Ohio a jobs--and business--friendly state. CSI Ohio will review Ohio's regulatory system to eliminate excessive and duplicative rules that stand in the way of job creation and the regulatory mission of the Department of Insurance is a good place to start.

As Auditor of State, Taylor transformed the office into a nationally-recognized, 21st-century government auditing office.

Source: 2018 OH Governor campaign website governor.ohio.gov Mar 11, 2017

John Kasich: No income taxes on small businesses up to $2M

Low taxes signal to job creators that Ohio is a safe & attractive place to invest. Take the small business owner, for example. The small business that has more money can hire more people. This is not a Republican philosophy. This is just a simple fact. High taxes discourage it. High taxes, especially the income tax, punish a small business owner's willingness to take the risk to hire more people, to invest in improvements, and work harder to be successful. Lower taxes incentivize all of those things.

Source: State of the State address to 2015 Ohio Legislature Feb 24, 2015

Josh Mandel: Auto bailout was un-American; I won't be the bailout Senator

Brown touted his support of the auto industry bailout and criticized Mandel for calling that support un-American. That was a reference to news reports in late August when Mandel called Brown's vote for the auto bailout "un-American" and six days later said Brown "should be ashamed of himself" for voting for the rescue plan. "How you would be so out of touch with both parties boggles the mind," Brown said, facing Mandel.

"I would not be the bailout senator," Mandel said, meaning he would have voted against the auto bailout and the federal stimulus package. Mandel countered that people believe Washington, D.C. is broken because there is a "crop of career politicians who care more about their careers than their state," referring to Brown's 20-year tenure in Congress, first in the U.S. House and now in the Senate. "The only way to change Washington is to change the people we send there," Mandel said.

Source: Cincinnati.com coverage of 2012 Ohio Senate debate Oct 15, 2012

Sherrod Brown: Supported auto industry bailout as fighting for middle class

Brown said he promised when he ran in 2006 to fight for the middle class and he renewed that pledge if elected to a second term. He said he's listened and learned from Ohioans in visits to the state's 88 counties. "This job is about real people and real problems," he said.

Brown touted his support of the auto industry bailout and criticized Mandel for calling that support un-American. That was a reference to news reports in late August when Mandel called Brown's vote for the auto bailout "un-American" and six days later said Brown "should be ashamed of himself" for voting for the rescue plan. "How you would be so out of touch with both parties boggles the mind," Brown said, facing Mandel.

"I would not be the bailout senator," Mandel said, meaning he would have voted against the auto bailout and the federal stimulus package.

Source: Cincinnati.com coverage of 2012 Ohio Senate debate Oct 15, 2012

Josh Mandel: Businesses hurt by complicated taxes & aggressive regulation

Less regulations and a commitment to stopping reckless spending are the necessary steps to returning jobs to Ohio, Mandel said. His plan to bring jobs back to Ohio included easing tax burdens on small businesses and farmers and creating an environment conducive to manufacturing. "Small businesses are hampered by an overly complicated tax code and an overly aggressive regulatory environment," Mandel said. "We have a federal government that treats small businesses as guilty until proven innocent."
Source: Dayton Daily News on 2012 Ohio Senate debate Sep 4, 2012

Joe Biden: We bet on the auto industry; 400,000 new jobs means we won

The President and I made a simple bet. We bet on you [the auto industry]. We bet on American ingenuity. We bet on you and we won: Chrysler, fastest growing car company in America, General Motors has seen the largest profits in its history; 400,000 auto jobs lost before we took office; 200,000 new jobs since the rescue plan was in place. That's 200,000 people who had their dignity returned to them, reinstated, and a paycheck they can raise their family on.

Remember what the headlines were saying when you woke up a couple of years ago. "It's bankruptcy time for GM." Another headline--"Crunch time looms for Chrysler." A million good jobs were at stake on the assembly line, at the parts factories, at the automobile dealerships, right down to the diners outside each of those facilities. We knew that resurrecting the industry wasn't going to be popular. We weren't going to give up on a million jobs and on the iconic industry America invented without a real fight.

Source: Automotive Industry speech in Toledo Ohio Mar 15, 2012

Lee Fisher: Experienced negotiating with companies to stay in Ohio

The two tussled over who is in better touch with Ohio businesses. Portman, as he frequently does on the campaign trail, touted the more than 70 company tours and plant visits he's made to illustrate that he is attentive to the needs of businesses. And he suggested Fisher let companies [leave Ohio] by not staying in touch with them.

He cited as an example the air freight company DHL which devastated Wilmington when it began shuttering operations in 2008. DHL shocked city and state officials when it announced plans in 2008 to discontinue ground delivery services, which led to the end of operations in Wilmington and the loss of nearly 8,000 jobs.

Fisher responded to Portman's criticism about company visits that he doesn't need to tour factories because he's has on-the-ground experience negotiating deals and saving companies.

Portman shot back: "Maybe you ought to visit some more of those factories because that's not what I'm hearing."

Source: Cleveland Plain-Dealer coverage of 2010 Ohio Senate debate Oct 8, 2010

Rob Portman: More than 70 company tours & plant visits, to stay in touch

The two tussled over who is in better touch with Ohio businesses. Portman, as he frequently does on the campaign trail, touted the more than 70 company tours and plant visits he's made to illustrate that he is attentive to the needs of businesses. And he suggested Fisher let companies [leave Ohio] by not staying in touch with them.

He cited as an example the air freight company DHL which devastated Wilmington when it began shuttering operations in 2008. DHL shocked city and state officials when it announced plans in 2008 to discontinue ground delivery services, which led to the end of operations in Wilmington and the loss of nearly 8,000 jobs.

Fisher responded to Portman's criticism about company visits that he doesn't need to tour factories because he's has on-the-ground experience negotiating deals and saving companies.

Portman shot back: "Maybe you ought to visit some more of those factories because that's not what I'm hearing."

Source: Cleveland Plain-Dealer coverage of 2010 Ohio Senate debate Oct 8, 2010

Rob Portman: More favorable policy: encourage business development

Fisher sought to tie his opponent to the Bush administration, reminding viewers of Portman's service as budget director and US trade representative. Under Portman's watch, Fisher said, the federal deficit ballooned and Ohio lost 100,000 jobs to China. " It's time that Congressman Portman took responsibility for his role in helping cause this recession," Fisher said. Portman dismissed the jab as a partisan attack and urged Fisher to answer for the 400,000 Ohio jobs that have disappeared over the past 4 years during Fisher's tenure as state development director.

Fisher called for more stringent trade and tax policies to discourage companies from moving overseas. Portman's economic solutions included more favorable tax and regulatory policies to encourage business development, more effective workforce training programs, and undefined spending cuts to lower the deficit. He said his health-care plan would include provisions to restrict malpractice lawsuits, a GOP priority left out of the new law.

Source: Washington Post coverage of 2010 Ohio Senate debate Oct 5, 2010

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2020 Presidential contenders on Corporations:
  Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Gov.Lincoln Chafee (L-RI)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN)
Republicans running for President:
Sen.Ted Cruz(R-TX)
Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
Rep.Eric Swalwell (D-CA)
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