As the Presidential Campaign unfolds, many ESOP advocates have asked about the nominees’ position on ESOPs. We do not have a written statement or any other evidence from Senator John McCain on his view of employee ownership through ESOPs, but we do have a 2005 letter from Senator Barack Obama which we have posted below. The letter was written to several of The ESOP Association’s members in Illinois, when they wrote to him asking that he co-sponsor Senator Blanche Lincoln’s pro-ESOP bill, S. 1322, The ESOP Promotion and Improvement Act of 2007.

 

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