Tim Scott Destroys Bank CEOs & Proves That ‘Woke Capitalism’ Is Confusing & Inconsistent

Sen. Tim Scott has recently criticized the Democrat-sponsored “For the People Act” for not addressing voting issues and claims that the bill would make it easier to cheat and harder to vote. It would even establish public funds for those who qualify to run for office. But it’s nothing more than a way to fight against Georgia’s newly signed HB 531 election reform law, which would protect election integrity and actively prevent voter fraud.

While the “For The People Act” was originally introduced in the House in 2019, it is currently sitting in the Senate Committee on Rules and Administration to be approved by the House, Senate, and president. According to the radical left, the more tax dollars they can collect from people to go towards candidates of their choosing, the better. This doesn’t protect against voter fraud, it’s just another political power grab.

Sen. Scott says that the bill’s unlimited ballot harvesting would make fraud harder to detect and, even worse, the words of bad actors deceiving voters. He said there are stories each election year of political operatives being tempted to tamper with the ballots they collect and deceive voters, especially the elderly.

“It has never been more important to instill greater voter confidence in our elections. Yet, Democrats—aided by liberal media content to echo their talking points—continue to ignore the facts in favor of shameful political maneuvers,” Sen. Scott said.

He also criticized some of the largest banks that appeared before the Senate Banking Committee. He talked about a rise in ‘woke capitalism’ in the financial sector and asked CEOs to articulate their positions on that. The virtual hearing included Bank of America CEO Brian Moynihan, Citibank CEO Jane Fraser, Wells Fargo, and Goldman Sachs CEO David Solomon.

Sen. Scott also asked specific CEO’s why they publicly opposed the new voting law in Georgia, HB 531 election reform law, and signed a letter opposing what they called “discriminatory legislation.” While they claimed that the legislation “restricts access” to the ballot box, Scott asked the CEOs to elaborate on what part of the law restricts access and makes things open to fraud.

“I, as a southerner and African-American, whose voted in the South all my life, would hate any form of discrimination that restricts voting rights. What part of the Georgia law restricts voting rights or is discriminatory?” Scott asked the CEOs.

But, of course, none of the CEOs in the 6 largest banks in the US could share why they found Georgia’s elections discriminatory or restrictive. Sen. Pat Toomey even expressed grave concern to see banks being pressured to embrace “wokeism” and appease the far Left’s attack on capitalism without even having the explanation why.

The only representative who spoke up was Bank of America’s Moynihan, who explained that their company signed the letter based on input from the Environmental, Societal, and Corporate Governance committee. He said he wanted to see voting standards everyone can agree to but ultimately admitted that he signed the letter over the “grave concerns” that his teammates expressed.

“You’re diving into which laws you want to uphold and which laws you find offensive but you can’t articulate a position on why those things are offensive. It just seems confusing to me that one would say ‘I support capitalism’ but [you all] are doing these things that are inconsistent [with that statement] and [you] cannot articulate a single reason why [you] oppose the law in Georgia,” Sen. Scott said.

No one can articulate a single legitimate reason against Georgia’s election laws – not even the guys who make tens of millions of dollars per year. You’ve got to wonder who actually believes that the loud angry leftists represent the “majority” of the people?

The post Tim Scott Destroys Bank CEOs & Proves That ‘Woke Capitalism’ Is Confusing & Inconsistent appeared first on American Conservatives.


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