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elleng

(136,064 posts)
Mon Jul 13, 2015, 11:39 AM Jul 2015

'The Democratic frontrunner did not explicitly mention progressive rivals

like Sen. Bernie Sanders of Vermont, who has won accolades from the party's left wing for his criticisms of Wall Street and big banks.

But she vowed to go beyond the Obama-backed Dodd-Frank banking reforms to "rein in excessive risk on Wall Street," and she called for prosecution of "criminal behavior" of culpable individuals in the banking industry.

Clinton declined to propose some of the more liberal ideas embraced by her two principal opponents, former Maryland Gov. Martin O'Malley and Vermont Sen. Bernie Sanders. She did not call for breaking up large banks on Wall Street, making college tuition free, increasing Social Security benefits or restoring banking regulations known as Glass-Steagall that were mostly repealed by her husband.

Larry Mishel, head of the liberal-leaning Economic Policy Institute, said that he had hoped to hear a pitch from Clinton for reining in the financial sector even more.

"I would have liked to see policies which shrunk the financial sector and restrained their pay, along with efforts to restrain executive pay. We won't be able to raise the middle if the bulk of the income is grabbed by the top," he said.' . . .

'Hillary Clinton offered her vision Monday of a "growth and fairness economy," saying that her agenda would boost Americans' incomes and push companies to share profits with their employees.'

http://www.nbcnews.com/politics/2016-election/hillary-clinton-pitches-plan-growth-fairness-economy-n391121

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'The Democratic frontrunner did not explicitly mention progressive rivals (Original Post) elleng Jul 2015 OP
If you heard Hillary's speech to Wall Street you'd understand why this topic is a weak one for her. TheNutcracker Jul 2015 #1
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