The executive director of the left-leaning Roosevelt Institute, Felicia Wong, told Hill.TV on Monday that Democrats throughout the 2020 primary field are taking aim at corporate monopolies in their own economic proposals.
“You see it across the board in the Democratic field,” Wong told Hill.TV’s Krystal Ball and Saagar Enjeti on “Rising.”
“It’s actually clear that Sen. Warren has been a leader in thinking about corporate power,” she said. “[In] her political career, she started thinking about the banks, and the way the banks aren’t necessarily leading to more consumer welfare.”
While progressives like Sen. Elizabeth Warren (D-Mass.) and Sen. Bernie Sanders (I-Vt.) have vowed to take on large corporations, Wong said that more moderate candidates like Sen. Amy Klobuchar (D-Minn.) have also emphasized the need to put a check on large corporations.
“I think it’s pretty notable that Sen. Klobuchar, who’s running as a self-described moderate, is also very concerned about monopoly power,” she continued.
“You heard [South Bend, Ind.] Mayor Pete Buttigieg over the weekend making a similar call for looking at the power of big companies, so I think you see this everywhere, whether it’s the centrists or whether it’s the progressives,” she said.
Wong’s comments come after Facebook co-founder Chris Hughes argued in a New York Times op-ed last week that company has grown too large and powerful.
Facebook responded, saying it would be more productive for lawmakers to impose new rules on the social media platform.
— Julia Manchester
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