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Pizella who used to work for jack abramov the two worked for policies for unchecked slave labor. the new secretary was a lobbyist for sweatshops i'm joined by national correspondent of the atlantic who wrote about his lobbying in 2001 also with me former secretary of labor robert reich let's start on pizella what was he was involved with in the mariana islands. >> the mariana islands are an archipelago in the pacific ocean. they've been part of the commonwealth of the united states since world war ii, and they've existed in this weird netherlands. since 1975, they've been allowed to ship goods...

He hired that guy. they clearly understand what he's doing. he's giving them an excuse to see nothing that he does is about race. see? that guy is hispanics even though he's on his way out the door. folks i talked to about that presentation, he was doing that for one person, donald trump. it was his performance. if he performed well and the media responded well, he'd keep his job. it's interesting that he's now being replaced by a guy that people like mick mulvaney would prefer because they're even harder on workers than he was. apparently he wasn't hard enough on american workers so they trad...

The united states duty-free, tariff-free, stamped with the made in the usa label, but the ford administration granted them an exemption for all labor laws. and so it became a magnet for foreign sweatshops where you had laborers coming from china and other places in asia who would live in guarded barracks they would be subjected to coerced abortions. they would be paid meager wages. their barracks were filled with rats and there were very few toilet, and pizella lobbied to maintain the mariana in this state. and he did so by essentially corrupting the conservative movement, or taking conservati...

Confirm and then they become the secretary and there is transparency and accountability. not just to the president but to the american people. and part of the reason that the president, i think, seems to like -- when he said he likes it he's running it like a corporation to fire at will a lot more easily than when you've had somebody who has only been there six months who is an acting. it is very different. >> and we don't know exactly what will happen next with that position. but the deputy secretary of labor who might become the acting secretary of labor a guy named pat pazella and there are...

A half percent biggest loser here and investors surprise the not taking this news very well they of course immediately thought that there would be a fine involved at some point down the road and of course for the reputation of the bank it does not argue well and since september now it has an official supervisor that supposed to check whether they do everything right legally in compliance wise and investors hate that sort of development a financial correspondent and if he spots for us the front foot stock exchange thank you. bangladesh is about to kick out safety inspectors brought in after the...