Hillary Clinton has been very careful about which issues she weighs in on as she considers a second run for the presidency in 2016, but she took to Twitter Friday to condemn Republican attempts to gut the Dodd-Frank Wall Street reform law.
“Attacking financial reform is risky and wrong. Better for Congress to focus on jobs and wages for middle class families,” Clinton tweeted to her 2.66 million followers.
Attacking financial reform is risky and wrong. Better for Congress to focus on jobs and wages for middle class families.
— Hillary Clinton (@HillaryClinton) January 16, 2015Many will read the move as channeling Sen. Elizabeth Warren, the Massachusetts Democrat who has risen to prominence as the Senate’s top Wall Street foe.
Now that Republicans control both chambers of Congress, they’re preparing for a showdown over the 2010 financial reform law law, which they say is too burdensome on business.
Late last year, President Barack Obama signed a government funding bill that included a provision to remove a part of the law that dealt with financial instruments known as swaps, despite vociferous objections from Warren and other progressive Democrats.
And this week, the House approved a measure on a largely party-line vote to reign in regulators, with more attacks on regulations promised for the future. The White House has threatened to veto attempts to gut progressive regulations, but Republicans may find ways to slip the measures into larger must-pass legislation, as they did with the funding bill in December.
RELATED: Hillary Clinton builds A-team of advisers ahead of possible 2016 run Clinton, who faces criticism from some progressives over her financial support from Wall Street, has been trying to find ways to shore up her left flank ahead of a presidential run. She stumbled during a joint appearance with Warren last year when she said business don’t create jobs. Clinton tweets rarely, and the vast majority are about her work at the Clinton family’s charitable foundation. The presumed Democratic front-runner typically waits until her next planned public appearance before weighing in on the issue of the day, whether it’s Syria or protests in Ferguson. Clinton has been laying low for about a month, but has two speeches scheduled for next week in Canada, sponsored by a Canadian bank.
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