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VoteGopher | Compare McCain and Obama | Business Regulation and Labor
SUMMARY: PRESIDENT
OBAMA VS. CANDIDATE OBAMA
SUMMARY: CONGRESS
DEMS VS. GOP VS. PRES
ECONOMIC
INTERNATIONAL
DOMESTIC
SOCIAL
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CANDIDATE QUALITIES
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06/30/2009 3:00 PM
Issue Homepage - Business Regulation and Labor Bookmark and Share
PRESIDENT OBAMA: ACTIONS IN OFFICE
  • Plans to overhaul financial market regulations to address systemic risk, increase consumer and investor protection, and eliminate gaps in the regulatory structure
  • Supports increased capital requirements on institutions that are "too big to fail" and expanded oversight of hedge funds, money market funds, and derivatives markets
  • Signed the Lily Ledbetter Fair Pay Act, which expands the period during which women can file claims of pay discrimination
  • Has reiterated his support for the Employee Free Choice Act, but said that he will focus on economic recovery first
CANDIDATE OBAMA
ELECTION 2008
  • Called for revamping financial market regulations
  • Pledged to sign Lily Ledbetter Fair Pay Act to expand the period during which women can file claims of pay discrimination
  • Pledged to sign the Employee Free Choice Act
  • Supported indexing the minimum wage to inflation
 
CANDIDATE McCAIN
ELECTION 2008
 
DEMOCRATS
IN CONGRESS
  • Have not yet taken a position on the Obama administration's plans for financial market regulatory reform
  • Nearly all voted for the Lily Ledbetter Fair Pay Act to expand the period during which women can file claims of pay discrimination
  • Most support the Employee Free Choice Act that would allow union organizing through signature collection rather than a secret ballot
  • Some moderate Democrats have expressed concern about EFCA, but few have officially opposed it
 
REPUBLICANS
IN CONGRESS
  • Have not yet taken a position on the Obama administration's plans for financial market regulatory reform
  • Most voted against the Lily Ledbetter Fair Pay Act and opposed expanding the period during which women can file claims of pay discrimination
  • Nearly every Republican opposes the Employee Free Choice Act that would allow union organizing through signature collection rather than a secret ballot
  • They argue that EFCA would would take away workers' rights to a secret ballot in forming a union
 
ISSUE BACKGROUND
 
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