December 7, 2015

Clinton’s Wall Street Hypocrisy Continues

Today in The New York Times, Hillary Clinton continued her sprint to the left of Senator Bernie Sanders with an Op-Ed on her plan to “rein in Wall Street.”

In her Op-Ed, Clinton writes:

“I would appoint tough, independent regulators and ensure that both the Securities and Exchange Commission and the Commodity Futures Trading Commission are independently funded — as other critical regulators are now — so that they can do their jobs without political interference.”​

Yet, Clinton’s actions don’t complement her rhetoric. Clinton has always surrounded herself with Wall Street bankers, and continues to do so. The former chairman of the Commodity Futures Trading Commission (CFTC), former Wall Street banker, and obsequious emailer, Gary Gensler, is now the CFO of her presidential campaign. Clinton also hobnobs with “Wall Street honchos” at Manhattan fundraisers. As USA Today wrote:

“it’s no surprise that the former New York senator and ex-secretary of State has big names and deep pockets behind her second White House bid.”​

Clinton has historically been quite cozy with Wall Street, and that trend continues today in her bid for President. According to the Center For Responsive Politics, Clinton is the number one recipient of Wall Street’s campaign cash.

Clinton’s op-ed is nothing more than an attempt to hide her cozy relationship with Wall Street from the Bernie Sanders and Elizabeth Warren wing of her Party, but thanks to her many close ties to Wall Street, it will do little to ease the minds of those who already distrust her.