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Chris Coons on Corporations

 

 


Citizens United was ill-decided & distorts political process

Q: What is your reaction to the recent Supreme Court ruling allowing corporations to donate to political campaigns?

COONS: The Citizens United decision was an unfortunate and ill-decided decision. One that opens the flood gates to increased corporate contributions that could have, as an unintended consequence of the decision, significantly distorting out electoral process. I would support reforms that further disclose who is behind these shadowy groups? Whether individuals, or corporations, that are trying to influence our elections by pouring money into it. Sunshine is the best disinfectant. And in politics it is best for us to disclose as fully and as broadly as possible who is making contributions.

O'DONNELL: And yet the legislative efforts to do exactly that has failed to do that. The Disclose Act, put out there to do just that, has exempted the major corporations from disclosing it. Instead, what these efforts do is only serve to infringe on the First Amendment right of private citizens.

Source: CNN's Wolf Blitzer moderating 2010 Delaware Senate debate , Oct 13, 2010

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

Coons 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

Restrict corporate use of consumer mandatory arbitration.

Coons 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: Chris Coons on other issues:
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Page last updated: Jul 12, 2020