PRESS RELEASE

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Platform Committee Passes Glass-Steagall

July 10, 2016 (EIRNS)—The full Democratic Party platform committee, meeting in Orlando, Florida on July 8-9, passed the Glass-Steagall plank by a unanimous vote. Efforts by Bernie Sanders backers to add a plank denouncing the Obama’s imperialist Trans-Pacific Partnership were defeated, but the platform contains a more general denunciation of trade deals that lose American jobs, and there is no endorsement of TPP. Obama lobbied hard to block the anti-TPP amendment, and had Hillary Clinton’s backing, despite her own statements against TPP.