Jamie Dimon

Robert B. Reich: The shameful silence of the CEOs

Congressional Republicans would be more willing to stand up to Donald Trump if their major financial backers -- big business and Wall Street -- had more backbone.

Ever since 1971, when then-future Supreme Court Justice Lewis Powell urged corporations to mobilize politically, corporate money has flooded Washington -- most of it into Republican coffers.

Today, big corporations and Wall Street essentially own the Republican Party. In the 2016 campaign cycle, they contributed $34 to candidates from both parties for every $1 donated by labor unions and all public interest organizations combined.

They donate far more to Republicans than do extremists such as the Koch...

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