Clinton campaign manger asked if she’ll go after financial industry: ‘I don’t know what to say’

Published September 14, 2016 2:21pm ET



Hillary Clinton’s campaign manager declined to say Wednesday whether the Democratic nominee’s administration would go after members of the financial industry.

“I don’t know what to say,” Robby Mook laughed during an interview Wednesday morning on CNBC.

Anchor Andrew Ross Sorkin had asked Mook whether Clinton would appoint people to her administration who would also target the financial sector.

“Robby, I wanted to ask you a policy question, really, around the kind of people that Hillary Clinton wants to surround herself with,” Sorkin said. “A piece in Politico yesterday saying that the, ‘Left Develops Clinton Admin Blacklist,’ which is to say that they say that progressive operatives say they’re targeting two potential Clinton appointments, Tom Nides as chief of staff, who works at Morgan Stanley, and Lael Brainard as Treasury Secretary or a trade representative.

“Would experts, people who have worked in the finance industry, be on a blacklist if Hillary Clinton were to win?” Sorkin asked.

Mook declined to answer the question, and said instead that the cited story was based on a rumor.

“Sometimes these – I don’t know what sources people have,” he said.

“We are 100 percent focused on trying to elect Hillary Clinton, on earning votes, on getting our supporters out to vote,” Mook said. “This is beyond premature right now.”

His dismissal of the question comes not long after the Democratic nominee promised that her policy proposals would be financed by going after the super wealthy, which includes members of the financial industry.

“I’ll tell you how we’re going to pay for it,” she said in August, referring specifically to her economic agenda. “We’re going where the money is. We are going after the super wealthy, we are going after corporations, we are going after Wall Street so they pay their fair share.”

Clinton has been under pressure from Democrats to pursue a more progressive agenda, especially after Sen. Bernie Sanders, I-Vt., gave her a close primary race with a platform of higher taxes and an expanded federal government.

The Democratic presidential candidate has also been criticized for claiming she will be tough on Wall Street, even after members of the financial industry, including Goldman Sachs and Bank of America, have compensated her handsomely for paid speeches.

Clinton’s lucrative speaking gigs came under close scrutiny during the Democratic primary after Sanders called on her repeatedly to release the text of her paid remarks to various Wall Street firms. She refused then, and she refuses now to release the text of her Wall Street speeches.

A review of the Clintons’ 2015 tax returns shows the family earned a combined $6.72 million from paid speeches. Their 2015 tax returns also showed they paid an effective federal tax rate of 34.2 percent, and that they had an adjusted gross income of $10.6 million.

This is a notable decline from 2014, when Hillary Clinton alone took in $10.5 million in speaking fees, combining with Bill Clinton’s $9.7 million on the way to an adjusted gross income of nearly $28 million. In 2013, Hillary Clinton earned $9.6 million from speaking to various groups.

There’s a reason for the drop of more than $17.4 million between 2014 and 2015: Hillary Clinton stopped giving paid speeches after she announced her candidacy in April of last year.

Still, Bill Clinton drew in $5.25 million last year, and Hillary Clinton took in $1.47 million.