GOP Strategist Enlisted To Help Derail Financial Bill The GOP has a problem: It's hard to oppose financial reform in a year of populist outrage against Wall Street. To the rescue: Republican strategist Frank Luntz, the same man enlisted to call health care a government takeover. Talking point No. 1 for Luntz: The banking bill creates a permanent bailout fund for Wall Street, paid for by taxpayers.
NPR logo

GOP Strategist Enlisted To Help Derail Financial Bill

  • Download
  • <iframe src="https://www.npr.org/player/embed/126025877/126026404" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
GOP Strategist Enlisted To Help Derail Financial Bill

GOP Strategist Enlisted To Help Derail Financial Bill

  • Download
  • <iframe src="https://www.npr.org/player/embed/126025877/126026404" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

MICHELE NORRIS, host:

Now that Congress is done fighting over health care, it's on to the next big brawl: a new set of regulations for banks and financial transactions. Republicans oppose the bill. At the same time, they don't want to be seen as siding with the bailed-out financiers of Wall Street who also oppose it.

So, as NPR's David Welna reports, they've turned to Republican strategist and wordsmith Frank Luntz for help.

DAVID WELNA: Frank Luntz calls his political consulting firm The Word Doctors. Through polling and focus groups, Luntz sculpts what he calls words that work. He instructed Senate Republicans in talking about health care, and now, a leaked 17-page memo he wrote in January tells the GOP which words to use in the financial regulation debate.

Connecticut Democrat Chris Dodd chairs the banking committee. Yesterday, on the Senate floor, he accused his GOP colleagues of taking their script from Luntz.

Senator CHRIS DODD (Democrat, Connecticut): Frank Luntz suggested that allies of the big banks say, and I quote him, if there's one thing we can all agree on - this is Frank Luntz talking - there's one thing we can all agree on, it's that the bad decisions and harmful policies by Washington bureaucrats that in many ways led to the economic crash must never be repeated, end of quote.

WELNA: Dodd pointed out the quote was remarkably similar to this one from Senate Republican leader Mitch McConnell the day before:

Senator MITCH MCCONNELL (Republican, Kentucky): If there's one thing Americans agree on, when it comes to financial reform, it's absolutely certain they agree on this: Never again, never again should taxpayers be expected to bail out Wall Street from its own mistakes.

WELNA: Dodd then took the unusual step of asking to enter Luntz's memo into the Congressional Record.

Sen. DODD: I ask consent that the entire memo be put in the record. I want the public to read this document that gets quoted by the other side, so they know what we're really up against here, with political chicanery.

Unidentified Man: Without objection.

Sen. DODD: Thank you, sir.

Mr. FRANK LUNTZ (Political Consultant and Pollster): I will go frame it. I'll put it up in my - probably in my guest powder room.

WELNA: That's Frank Luntz when he learned his talking points memo for Republicans was becoming part of the Senate's official history.

Mr. LUNTZ: I'm from Connecticut. Chris Dodd met my father. This would be his greatest day. Even if Dodd didn't mean it as a compliment, my parents would be really proud to know that their son has a memo in the Congressional Record put there by Chris Dodd.

WELNA: Luntz said he was surprised Democrats were making so much of the advice he dispensed to Republicans, such as, quote, "The single best way to kill any legislation is to link it to the big bank bailout."

Mr. LUNTZ: I don't see that I have that much of an impact, but I appreciate knowing that Chris Dodd apparently thinks it's so important that he would draw this much attention to it.

WELNA: Dick Durbin, who's the Senate's number two Democrat, says those on his side of the aisle have also consulted pollsters and consultants and taken advice on how to talk about legislation. But he says it's all done in the spirit of communicating better, rather than killing legislation.

Senator DICK DURBIN (Democrat, Illinois): What Frank Luntz did on health care reform and did again on financial regulatory reform was to send out the playbook to Republicans before the bill was written, said, this is how we'll defeat the bill. And that to me was kind of a cynical approach to this thing. He didn't care what was in the bill. This was how we're going to defeat it. And that seems to be their approach: We defeat whatever's brought to the floor, under Frank Luntz's leadership.

WELNA: Not all Republicans embrace Luntz's rhetoric, says Tennessee Republican Bob Corker, adding he can't even recall what the Luntz memo said.

Senator BOB CORKER (Republican, Tennessee): I don't think you've heard me use any heated rhetoric about the bill. Maybe I have used some of the language unknowingly. I don't think so, okay? I want to get - let's get a deal done.

WELNA: Corker has been considered the best bet for a bridge between the parties on the bill which Democrats hope to bring to the Senate floor next week.

David Welna, NPR News, the Capitol.

Copyright © 2010 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.