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October 8, 2015

Clinton’s Wall Street plan comes under attack

“Hillary Clinton’s primary opponents are attacking her new plan for tightened financial regulations, arguing it would not do enough to police Wall Street.

“The front-runner for the Democratic nomination unveiled a plan Thursday that she said would strengthen Wall Street regulations, but her rivals for the Democratic nomination said it has one glaring omission: a failure to reinstate the Glass-Steagall law.”

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“Wall Street reform groups praised Clinton for putting forward a plan, but said they weren’t sure it went far enough.

“One key concern with the Clinton plan is the lack of a strong structural firewall and what appears to be an overreliance on regulators,” said Dennis Kelleher, president of the Wall Street reform group Better Markets, in a statement.”

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Read the full article by Kevin Cirilli here

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