“NEW YORK — Wall Street is taking the Acela down to Philadelphia this week. Hordes of industry executives will descend on the city to celebrate Hillary Clinton’s nomination for president and renew close associations that vexed the Democratic standard-bearer throughout her primary battle with Bernie Sanders. Goldman Sachs, which paid Clinton millions for private speeches, will be well represented in Philadelphia with executives Jake Siewert, a former Bill Clinton press secretary, making the trip along with Steven Barg, Michael Paese, Joyce Brayboy and Jennifer Scully, who was a major fundraiser for Bill Clinton in New York in 1992.”
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“Clinton’s positions as they have evolved over the last year show she is not going to be soft on Wall Street,” said Dennis Kelleher, CEO of financial reform group Better Markets. “She’s for restoring the [derivatives reforms] and closing loopholes in the Volcker Rule,” which limits banks’ ability to engage in risky trading and investment. “She’s not going to deliver for Wall Street like some people fear and her nominees are going to be decidedly not weighted to finance.”
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To read the full Politico article by Ben White click here.
