The alarm blaring in the New York headquarters of Amalgamated Bank, where the Democratic National Committee and Occupy Wall Street are clients, didn’t bother the two pinstriped executives sitting still with legs crossed.
Andy Stern, the former head of the fastest-growing U.S. labor union and a close ally of President Barack Obama, said in an interview with Bloomberg Television’s “Conversations with Judy Woodruff,” to be broadcast this weekend, that he expects Obama to reverse his opposition to the easing of tax rules so companies with overseas profits will be encouraged to return the cash to the U.S. Stern is the former president of the Service Employees International Union.
Andy Stern , former president of the Service Employees International Union, is being investigated by the FBI and Labor Department in a corruption probe, according to two union officials who said they were interviewed by U.S. agents.
Andy Stern, former president of the second-largest labor union, said he backs easing tax rules to encourage companies with overseas profits to return the cash to the U.S., a position that puts him at odds with organized labor.
Representative Paul Ryan was a pivotal figure in killing the 2010 Bowles-Simpson agreement, which Republican presidential candidate Mitt Romney now points to as a model for putting America’s fiscal house in order.
“I am told I cannot talk about industrial policy in polite American company,” Dow Chemical Co. Chief Executive Officer Andrew Liveris told a business audience last March. “I’m not sure why, since the world’s two strongest economies, Germany and Japan, both have such policies.”