Rubio calls on the GOP to rename, separate from the big company

Senator Marco Rubio (R-Fla.) Will urge Republicans to break up with big business when he speaks at a national conference on conservatism on Monday, Axios has learned.

Why it matters: Rubio is pushing for re-election in one of the most high-profile and expensive races of the 2022 cycle. He uses this speech to distinguish it from traditional economic conservatism. is designated as the lead advocate working class.

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  • “There would be a lot less madness in American corporations if the people who voted for their shares were actually firefighters and teachers rather than their union bosses or Wall Street,” Rubio will say based on the prepared text of his comments.

  • “Promises to cut more regulations and corporate taxes will garner applause from campaign donors and glowing reporting in the stock market-focused media.”

  • “But because of this, millions of hard-working Americans who do not want an ‘awakened’ socialist America are left without a voice in our politics and without answers to their problems.”

Big picture: Among those vying for a nomination for the Democratic Senate of Florida is also a representative of Val Demings (D-Fla.). If Rubio were to be re-elected next year, his victory and brand would help him position himself for another possible presidential candidacy in 2024.

  • The speech also offers insight into how some Republicans will tackle intermediate terms and in 2024: criticize the Biden administration and the adoption of policies in the so-called “Marxist style” by Democrats.

  • The conference will be held in Orlando, Florida also other prominent Republicans.

  • These include Sensor Ted Cruz (R-Texas) and Josh Hawley (R-Mo.), Both potential presidential candidates for 2024, Ohio Senate candidate JD Vance, and GOP technology billionaire and promoter Peter Thiel.

Details: Ruby’s speech is entitled, “We need corporate patriotism to defeat American Marxism.”

  • He will call for the requirement that company administrations be committed to the national interests of the United States and without conflicts of interest with countries such as China.

  • Rubio will oppose this, saying it is “a requirement that the board of directors of companies be sufficiently ‘diverse’, as advocated by the Biden administration.”

  • “The more challenge,” Rubio is supposed to say, “is how to take away the power of large institutional shareholders who use regular retirement savings to promote ‘awakened’ policies in corporations by voting in corporate elections on their behalf.”

  • He will argue that the solution lies in having institutional shareholders pass on the votes of their clients – such as the firefighters and teachers he described – instead of casting votes on their behalf.

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