They lobby for deregulation and special tax breaks that will pad their own bottom lines. They promote making big time corporate lawyers federal judges. They pressure presidents to appoint tepid leaders at regulatory agencies. people who, once in office, seem positively allergic to enforcing the law when that might make life uncomfortable for big business interests. In their effort to shape the Democratic agenda, the ultra wealthy wield outsized power. (09:37–09:43)
CLAIM
Asserts that wealthy individuals influence presidential appointments at regulatory agencies.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
