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Jul 25, 2015

Exclusive: AFL-CIO may delay endorsement of Clinton as 2016 presidential candidate – sources

NEW YORK (Reuters) – In a possible setback for Hillary Clinton, the AFL-CIO’s political committee has recommended the nation’s largest labor union federation delay endorsing a candidate for the 2016 presidential race as it seeks to push her to be more supportive of its policies on issues such as trade and wages.

The committee on Monday voted unanimously to support the proposal, three union sources told Reuters. The recommendation will be presented at a July 29-30 meeting of the executive council of the federation, which will make the final decision. It could reject the recommendation and still go ahead with an endorsement, though one of the sources said that is unlikely.  

Jul 24, 2015

Clinton proposes tax, buyback changes to encourage long-term growth

NEW YORK, July 24 (Reuters) – Democratic presidential
candidate Hillary Clinton proposed U.S. corporate tax reforms on
Friday including a sliding scale for capital gains taxes and
changes in executive compensation to encourage long-term growth
to benefit American workers.

Clinton, in a speech in New York, said institutional
investors have an obligation to counter “hit and run” activist
shareholders. She also said the U.S. government needs to “stop
pouring subsidies into industries that are already thriving”
like the oil industry.

Jul 16, 2015

Possum Holler, beignets, and 43 cents: U.S. presidential campaign spending

NEW YORK (Reuters) – Running for president in the United States often involves juggling perception versus reality. In the 2016 race, touting your humble origins and frugal tastes has been part of the daily message for many candidates, even some of the wealthiest.

But the quarterly financial reports from the presidential contenders say a little more about how much they are spending, and where they are spending it, once the cameras are off.

Jul 13, 2015

Clinton ups rhetoric against Wall Street, vows tight oversight

NEW YORK, July 13 (Reuters) – Stepping up her rhetoric
against Wall Street, U.S. presidential candidate Hillary Clinton
vowed on Monday to tighten oversight of the financial industry
and warned of serious risks emerging in the “shadow banking”
industry.

In her first major economic speech of the 2016 election
campaign, Clinton bashed financial institutions in unexpectedly
detailed terms as she pledged to cut the income gap and spur
wage growth for ordinary Americans.

Jul 13, 2015

Clinton ups rhetoric against Wall Street, vows tight oversight

NEW YORK, July 13 (Reuters) – Stepping up her rhetoric
against Wall Street, U.S. presidential candidate Hillary Clinton
vowed on Monday to tighten oversight of the financial industry
and warned of serious risks emerging in the “shadow banking”
industry.

In her first major economic speech of the 2016 election
campaign, Clinton bashed financial institutions in unexpectedly
detailed terms as she pledged to cut the income gap and spur
wage growth for ordinary Americans.

Jul 13, 2015

Clinton pledges U.S. income equality, bashes Wall Street

NEW YORK, July 13 (Reuters) – Democratic front-runner
Hillary Clinton put the fight for higher wages for everyday
Americans at the heart of her economic agenda on Monday and
talked tough against Wall Street in the first major policy
speech of her White House bid.

Clinton said the U.S. economy will only run at full steam
when middle-class wages rise steadily along with executive
salaries and company profits.

Jul 13, 2015

Hillary Clinton calls for greater U.S. income equality

NEW YORK (Reuters) – Democratic front-runner Hillary Clinton put the fight for higher wages for everyday Americans at the heart of her economic agenda on Monday, in the first major policy speech of her White House bid.

Clinton said the U.S. economy will only run at full steam when middle-class wages rise steadily along with executive salaries and company profits.

Jul 13, 2015

Clinton to propose capital gains tax reform: campaign document

NEW YORK (Reuters) – Presidential contender Hillary Clinton will pledge to “reform” capital gains taxation in coming weeks as part of her plan to fight an excessive focus on quick profits in capital markets, according to a campaign talking points document seen by Reuters.

Clinton, the favorite to win the Democratic Party’s nomination for the November 2016 election, will speak on Monday about her plan for the U.S. economy, which includes addressing income inequality and encouraging longer-term investment.

Jul 10, 2015
via Tales from the Trail

Hillary Clinton’s union problem

Photo

Hillary Clinton’s meeting with AFL-CIO leaders later this month will underscore just how much ground she has to make up with unions that are flatly angry at the presidential candidate over her recent policy stances (or lack thereof).

Clinton can “absolutely not” take unions’ backing for granted, said RoseAnn DeMoro, the executive director of National Nurses United, the largest U.S. organization of registered nurses.

Jul 10, 2015

Exclusive: Clinton to face grilling by union leaders on trade, economic issues

WASHINGTON (Reuters) – U.S. Democratic presidential candidate Hillary Clinton will meet privately this month with leaders of the nation’s largest labor federation as she seeks to prevent a revolt by union members infuriated by her cautious stance on a looming trade deal, labor sources told Reuters.

Leaders with the AFL-CIO, an umbrella group for 56 member unions representing more than 12.5 million workers, will press her on issues such as trade, infrastructure and the types of officials she would name to the Federal Reserve’s Board of Governors.