As a senator, Hillary Clinton was hands-off on Wall Street
Hillary Clinton turned earth at the groundbreaking of the $2.4 billion Goldman Sachs headquarters in 2005.
WASHINGTON The financial services executive reached out to Senator Hillary Clintons office to discuss legislation that would affect banks. It seemed natural to make the connection: The executive represented some of the largest New York financial institutions.
The call was quickly returned, excellent service provided to a professional watching out for the interests of the countrys biggest banks. But it wasnt Clintons office on the line. An aide to New Yorks other senator, Charles Schumer, called back.
Yielding to Schumer on financial legislation was part of a pattern in the Senate when Hillary Clinton served there: She took a mostly hands-off approach to Wall Street regulation. With banks enjoying a new era of deregulation that her husband helped create, a neutralized Clinton represented a win for the financial services industry and its perpetual effort to free itself from Washingtons hand.
The Boston Globe reviewed eight years of lobbying disclosure forms for the four financial services firms that donated the most money to Hillary Clinton while she was in the Senate. The review examined which banking and finance bills those banks cared the most about, and whether she took a position on them.
Boston Globe 1/17/2016