Presumed Democratic presidential frontrunner Hillary Clinton struck a populist tone on Twitter Friday as she weighed in on the fight in Congress over financial regulations.
“Attacking financial reform is risky and wrong,” the @HillaryClinton account tweeted Friday afternoon. “Better for Congress to focus on jobs and wages for middle-class families.”
In the early days of the 114th Congress, Republicans have passed changes to the 2010 Dodd-Frank financial reform law, including one set of clarifications to derivatives regulations that President Obama signed into law as part of a larger legislative package.
Liberal Democrats have raised alarms over changes to the law, warning the GOP’s aim is to “gut” the law passed in the wake of the financial crisis.
They have been led in that effort by Sen. Elizabeth Warren of Massachusetts, the Wall Street critic favored by many liberal activists as an alternative to Clinton. Warren has said she won’t seek the Democratic nomination.
Clinton at times has echoed Warren’s populist rhetoric when it comes to bank regulation.
Nevertheless, the former secretary of state is perceived by some Democrats to be too close to Wall Street. The liberal publication Mother Jones noted in May that Clinton has earned millions of dollars since leaving office giving speeches to financial firms such as Goldman Sachs.
