The job of U.S. financial regulators is a vitally important one. A well-regulated Wall Street is essential to create an economy that works for working people. Regulators protect the stability of financial markets and help us avoid crises. Because of the important role these regulators serve, it's vital that there be no conflict of interest when it comes to protecting the health of our economy and working families' investments.
In our regular weekly feature, we'll be taking a look at the winners and losers of the week in the struggle for the rights of working families. The winners will be the persons or organizations that go above and beyond to expand or protect the rights of working families, while the losers will be whoever went above and beyond to limit or deny those rights.
Here’s a look at a number of other key working-family races and ballot issues from yesterday’s elections.
In several U.S. Senate races where Republican, corporate and super PAC cash looked like it would make the difference, union members’ get-out-the-vote activism and votes helped push working-family candidates to victory. Democrats now have 55 senate seats. Elizabeth Warren defeated Sen. Scott Brown in Massachusetts. Tim Kaine beat George Allen in Virginia. Rep. Tammy Baldwin overcame Tommy Thompson in Wisconsin, Sen. Jon Tester defeated challenger Rep. Denny Rehberg in Montana and Sen. Sherrod Brown won over Josh Mandel in Ohio. Other Senate wins include Bob Casey (D-Pa.), Chris Murphy (D-Conn.), Joe Donnelly (D-Ind.) and Heidi Heitkamp (D-N.D.).