Tom Steyer releases economic agenda emphasizing 'people over profits'

2020 Democratic presidential candidate Tom Steyer releases economic agenda emphasizing 'people over profits'

Washington 2020 Democratic presidential candidate Tom Steyer on Monday released a new economic agenda aimed at"ensuring that economic power rests with the American people, not big corporations."

To address what Steyer calls the"undue influence" of corporate power on the US economy, his plan calls for a $15 minimum wage along with congressional term limits and the repeal of Citizens United. "I'm a progressive and a capitalist, but unchecked capitalism produces market failures and economic inequities," Steyer said in a news release outlining the plan. He added,"The people must be in charge of our economy — but socialism isn't the answer.

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