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July 25, 2016

The Wall Street Journal: Some Democrats Questioning Tim Kaine’s Support for the Financial Industry

“WASHINGTON—Democratic vice presidential pick Tim Kaine’s support for the financial industry isn’t likely to allay some liberals’ concerns that the party’s presidential ticket is too cozy with Wall Street.

Since being chosen by presumptive Democratic nominee Hillary Clinton on Friday, a few voices in the party’s liberal wing have criticized the selection, saying the Virginia senator is a centrist who has taken positions out of step with the party’s anti-Wall Street, populist mood.”

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Dennis Kelleher, president of Better Markets, which advocates for financial industry reform, dismissed “the panic” over the Virginia senator’s letters to regulators, arguing it is “unwarranted.”

“Tim Kaine’s agenda is going to be, if she gets elected, Secretary Clinton’s agenda,” said Mr. Kelleher adding that “nobody should doubt his commitment to aggressively regulate Wall Street.”

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To read the full Wall Street Journal article by Donna Borak click here.

 
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