What's in the Republican party's official platform?
What's in the Republican party's official platform?
By/ Reena Flores/ CBS News/ July 20, 2016, 3:33 PM
The Republican National Convention kicked off in high gear in Cleveland this week, with all eyes on the pageantry and speeches from its full lineup of speakers. But plagiarism scandals aside, the four-day GOP coronation ceremony for nominee Donald Trump was also an exercise in solidifying the Republican party's platform, a statement of tenets that lays out the primary beliefs and policy proposals of the GOP.
Breaking down Donald Trump's "movement"
Republican delegates officially adopted the 60-page document on Monday, and in the days since it's drawn considerable media attention.
Soon after its passage, the New York Times published an editorial calling it "the most extreme" party platform in recent memory, noting the influence of the party's newly minted nominee, Donald Trump.
"Rather than trying to reconcile Mr. Trump's heretical views with conservative orthodoxy, the writers of the platform simply opted to go with the most extreme version of every position," the Times' editorial board read. "Tailored to Mr. Trump's impulsive bluster, this document lays bare just how much the G.O.P. is driven by a regressive, extremist inner core."
Reinstate Glass-Steagall
In a strange veer leftwards, the Republican party is supporting the revival of the 1933 Glass-Steagall Act, which draws a strict line between commercial banks and investment securities firms. The legislation, repealed under President Bill Clinton back in 1999, is popular among the progressive wing of the Democratic party, including Sen. Elizabeth Warren and Vermont Sen. Bernie Sanders. (Hillary Clinton has not advocated its return. She has said she supports the Dodd-Frank Act, passed after the financial crisis.)
The GOP platform, in its final draft, had this to say about Glass-Steagall:
"We support reinstating the Glass-Steagall Act of 1933 which prohibits commercial banks from engaging in high-risk investment. Sensible regulations can be compatible with a vibrant economy."
Tony Fratto, a former Bush administration Treasury official thinks this is an attempt to appeal to liberals in the general election. He told the Associated Press that "The Trump campaign seems to have a fantasy that they will be able to acquire some significant share of Bernie Sanders voters in the general election and this is one way to appeal to them."
READ MORE: http://www.cbsnews.com/news/whats-in-the-r...
By/ Reena Flores/ CBS News/ July 20, 2016, 3:33 PM
The Republican National Convention kicked off in high gear in Cleveland this week, with all eyes on the pageantry and speeches from its full lineup of speakers. But plagiarism scandals aside, the four-day GOP coronation ceremony for nominee Donald Trump was also an exercise in solidifying the Republican party's platform, a statement of tenets that lays out the primary beliefs and policy proposals of the GOP.
Breaking down Donald Trump's "movement"
Republican delegates officially adopted the 60-page document on Monday, and in the days since it's drawn considerable media attention.
Soon after its passage, the New York Times published an editorial calling it "the most extreme" party platform in recent memory, noting the influence of the party's newly minted nominee, Donald Trump.
"Rather than trying to reconcile Mr. Trump's heretical views with conservative orthodoxy, the writers of the platform simply opted to go with the most extreme version of every position," the Times' editorial board read. "Tailored to Mr. Trump's impulsive bluster, this document lays bare just how much the G.O.P. is driven by a regressive, extremist inner core."
Reinstate Glass-Steagall
In a strange veer leftwards, the Republican party is supporting the revival of the 1933 Glass-Steagall Act, which draws a strict line between commercial banks and investment securities firms. The legislation, repealed under President Bill Clinton back in 1999, is popular among the progressive wing of the Democratic party, including Sen. Elizabeth Warren and Vermont Sen. Bernie Sanders. (Hillary Clinton has not advocated its return. She has said she supports the Dodd-Frank Act, passed after the financial crisis.)
The GOP platform, in its final draft, had this to say about Glass-Steagall:
"We support reinstating the Glass-Steagall Act of 1933 which prohibits commercial banks from engaging in high-risk investment. Sensible regulations can be compatible with a vibrant economy."
Tony Fratto, a former Bush administration Treasury official thinks this is an attempt to appeal to liberals in the general election. He told the Associated Press that "The Trump campaign seems to have a fantasy that they will be able to acquire some significant share of Bernie Sanders voters in the general election and this is one way to appeal to them."
READ MORE: http://www.cbsnews.com/news/whats-in-the-r...
