Check the Big Banks

From the AFL-CIO

Over the past several weeks, Republican leadership in Congress and the Trump administration have weakened our financial security by loosening rules that protect our economy from Wall Street bankers, opening the door for banks to discriminate and making it easier for Wall Street bankers to gamble with the savings of hardworking families.

America’s working families know that holding big banks accountable is essential to winning new economic rules that put Main Street first.

The right financial regulatory system will put Wall Street to work for working people, not the other way around.

The AFL-CIO is building a powerful and independent political movement to win commonsense financial rules that will keep big banks in check.

Break up big banks. Too few banks control too much of America’s financial system, which is risky because if they fail, they will bring down all of us.

Uphold the power of worker capital. Instead of making it harder for union members’ pension plans to have a say on corporate behavior, we should empower them to hold corporations accountable.

End racial discrimination. We want to make sure lenders don’t prey on people of color, the elderly or the poor by imposing unjustifiable fees, higher rates and other extra costs.

Democrats and Republicans alike are on notice. It’s time for new economic rules, so working families and our communities can thrive.

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Posted In: From AFL-CIO, Union Matters

Union Matters

Get to Know AFL-CIO's Affiliates: National Association of Letter Carriers

From the AFL-CIO

Next up in our series that takes a deeper look at each of our affiliates is the National Association of Letter Carriers.

Name of Union: National Association of Letter Carriers (NALC)

Mission: To unite fraternally all city letter carriers employed by the U.S. Postal Service for their mutual benefit; to obtain and secure rights as employees of the USPS and to strive at all times to promote the safety and the welfare of every member; to strive for the constant improvement of the Postal Service; and for other purposes. NALC is a single-craft union and is the sole collective-bargaining agent for city letter carriers.

Current Leadership of Union: Fredric V. Rolando serves as president of NALC, after being sworn in as the union's 18th president in 2009. Rolando began his career as a letter carrier in 1978 in South Miami before moving to Sarasota in 1984. He was elected president of Branch 2148 in 1988 and served in that role until 1999. In the ensuing years, he worked in various roles for NALC before winning his election as a national officer in 2002, when he was elected director of city delivery. In 2006, he won election as executive vice president. Rolando was re-elected as NALC president in 2010, 2014 and 2018.

Brian Renfroe serves as executive vice president, Lew Drass as vice president, Nicole Rhine as secretary-treasurer, Paul Barner as assistant secretary-treasurer, Christopher Jackson as director of city delivery, Manuel L. Peralta Jr. as director of safety and health, Dan Toth as director of retired members, Stephanie Stewart as director of the Health Benefit Plan and James W. “Jim” Yates as director of life insurance.

Number of Members: 291,000 active and retired letter carriers.

Members Work As: City letter carriers.

Industries Represented: The United States Postal Service.

History: In 1794, the first letter carriers were appointed by Congress as the implementation of the new U.S. Constitution was being put into effect. By the time of the Civil War, free delivery of city mail was established and letter carriers successfully concluded a campaign for the eight-hour workday in 1888. The next year, letter carriers came together in Milwaukee and the National Association of Letter Carriers was formed.

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There is Dignity in All Work

There is Dignity in All Work