The website inequality.org reported on a recent poll commissioned by the Communications Workers of America, conducted in Florida, Pennsylvania, Missouri, and Ohio by Lake Research Partners, which showed that Wall Street is a big issue among swing voters. Under the headline “Swing Voters Want Wall Street Reform,” the website reported that 70 percent of the voters polled, strongly supported reinstating the Glass-Steagall Act.
The poll concluded, “The leadership of both parties should aim to take swift action on this issue, given the bipartisan support and the fact that nearly 70 percent of battleground voters favor it.” Sixty-eight percent also supported breaking up the big banks “so taxpayers aren’t on the hook for future bailouts.” “Public frustration with Wall Street recklessness and greed is high and cuts across the political spectrum. Whoever wins this election should make turning this outrage into real change a high priority.”
While Donald Trump has come out for Glass-Steagall, most recently in his Charlotte, N.C., speech last week, new e-mails from the Clinton campaign reveal that top Hillary economic advisers Gene Sperling and Gary Gensler argued against her endorsing the reinstating of Glass-Steagall, and actually wrote the words she used to reject restoring it, while still trying to give the appearance she will be tough on Wall Street.