Former Union President Andy Stern Says He Was Too Tough on Banks at SEIU By Josh Nathan-Kazis
Andy Stern has had a change of heart.
Once the president of the most politically influential of America’s progressive labor organizations, and the most prominent Jewish leader in the labor movement, Stern now thinks he was too hard on private equity and banks.
Stern is also backing a proposed tax break for American companies keeping revenues abroad, a pro-business initiative that his former union calls a “tax giveaway” to corporations. The onetime president of the Service Employees International Union, Stern now sits on a corporate board and says that unions may be too close to the Democratic Party.
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