Kyle Griffin is an American political aide and commentator. He is the communications director for House Minority Leader Nancy Pelosi. Prior to working for Pelosi, he was a producer for MSNBC’s The Last Word with Lawrence O’Donnell.
Points Raised By Kyle Griffin:
- The Trump administration is preparing to roll back another Obama-era regulation, this time a rule designed to protect small investors from exploitation.
- The Securities and Exchange Commission is expected to vote this week to rescind the so-called “fiduciary rule,” which requires financial advisers to put their client’s interests ahead of their own when giving advice on retirement accounts.
- The move is a victory for the financial industry, which has opposed the rule for years. Critics say it would have forced firms to raise prices and reduce services for customers, while supporters argue it would have protected Americans from being ripped off by bad actors in the financial industry.
- The SEC’s vote is likely to be split along party lines, with Chairman Jay Clayton and the two other Republican commissioners in favor of repealing the rule and the two Democratic commissioners opposed.
- The fiduciary rule was first proposed in 2010 but wasn’t finalized until 2016, after years of delays. It was set to go into effect in April 2017, but implementation was delayed again by the Trump administration.
- The SEC is now considering a new proposal that would rescind the rule entirely. If approved, it would be the latest in a long line of deregulatory actions by the Trump administration, which has vowed to roll back Obama-era regulations across a range of industries.
Biden’s Address
Biden’s planned address on Wednesday night will call out “those who deny the documented truth about election results and those who seek to undermine public faith in our system of government.” He will also lay out his vision for how the country can move forward, highlighting the need for Americans to come together and work towards a common goal.
Biden’s speech comes as the country remains deeply divided following a contentious election season. But it also comes at a time when many are hopeful that the incoming administration will be able to bring some much-needed healing and unity.
No matter what your political beliefs may be, it’s important to remember that we are all Americans first and foremost. We must come together and work towards a better future for our country. Only then can we truly make America great again?
“This is a critically important moment for our country,” Jean-Pierre said. “In just one week, Americans will head to the polls to make their voices heard and decide the future direction of our nation.”
She continued: “The Trump administration has made it very clear that they are intent on subverting the will of the people and undermining our democracy. They have worked tirelessly to sow chaos and confusion, and their actions have put our democracy at risk.”
“The midterms are an opportunity for Americans to reject this dangerous agenda and send a clear message that we believe in democracy and that we will not stand for attempts to undermine it,” she concluded.
Jean-Pierre’s remarks come as Biden is set to travel to Pennsylvania today to campaign for Democratic candidates in the state. His speech tonight is expected to focus on the stakes of next week’s elections and how they will impact the future of the country.
The Trump administration has been accused of numerous attempts to undermine democracy, including through voter suppression efforts, attacks on the free press, and cozying up to foreign dictators.
Next week’s midterms will be a crucial test of whether the American people will continue to tolerate these attacks on our democracy, or if they will send a message that enough is enough.
About Jean-Pierre Statement
Jean-Pierre said that Biden’s speech would focus on “those who deny the documented truth about election results and those who seek to undermine public faith in our system of government.” She added that the president would also call attention to the “assault on democracy” and the need to protect democratic institutions.
“The President has been clear democracy is under assault and we cannot pretend otherwise,” Jean-Pierre said. “Tonight, he will speak directly to the American people about what is at stake and why it is essential that we come together as a country to protect our democracy.”
Biden’s speech comes less than two months after he delivered a similarly themed address in Philadelphia. That speech was poorly reviewed by some, with critics saying it lacked concrete solutions to the problems facing the country.
It is unclear if Biden will offer any new proposals in Wednesday night’s speech. But Jean-Pierre said that the president would be “calling on all Americans to do their part” to protect democracy.
“No one is above the law, and no one should be trying to undermine our system of government,” she said. “The President will lay out what we all must do – regardless of party – to defend the integrity of our elections and the rule of law.”
The speech will be delivered from a desk in the Oval Office, and it is expected to last around 10 minutes. It will air at 9 p.m. ET on major television networks.
Conclusion
As we head into the final weeks before the midterm elections, it is more important than ever to be informed about the issues and to make sure our voices are heard. These elections will have a major impact on the future of our country, and we must come together to ensure that democracy prevails. Jean-Pierre’s remarks are a timely reminder of the importance of these upcoming elections, and we hope that Biden’s speech tonight will further raise awareness about the stakes of next week’s vote.
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