The AFL-CIO is making
Charles Schwab its next target in its Social Security lobbying. The decision to pressure the San Francisco-based broker was confirmed by AFL-CIO spokesman Steven B. Weingarten to
The Kansas City Star.
Earlier this week Waddell & Reed said it would not renew its membership in the Alliance for Worker Retirement Security. It had also been targeted by the union's campaign. The first broker to reverse course under pressure from the AFL-CIO was Edward Jones.
 
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