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January 11, 2016

Fact Checker: Clinton’s exaggerated claim about endorsements for her Wall Street plan

“The proposal that I have put forth about how we rein in the excesses of Wall Street, so we never again face what we did in 2008, has been judged as being more comprehensive, tougher, more effective by Barney Frank, by Sherrod Brown, my friend from Ohio who leads the banking efforts in the Senate, and by Paul Krugman. So, I have a plan that will go after not just the big banks, because Dodd-Frank has given us the tools to do a lot of that, but to go after the so-called shadow-banking industry.

(— Former secretary of state Hillary Clinton, interview on CBS’s “Face the Nation,” Jan. 10, 2016)

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“Dennis Kelleher, president of financial reform advocacy group Better Markets: Kelleher was quoted in a Politico article saying he has concerns about some parts of Clinton’s plan, but there is no indication he has endorsed one plan over another.”

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Read the full Washington Post article by Michelle Ye Hee Lee here

 
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