Ban ‘Golden Parachutes’

Hillary Clinton Backs Bill That Would Ban ‘Golden Parachutes For Wall Street Bankers Huff Po

“The Financial Services Conflict of Interest Act, which is sponsored in the Senate by Tammy Baldwin (D-Wis.) and in the House by Elijah Cummings (D-Md.), would ban golden parachutes and crack down on other conflicts of interest in government. Progressive groups, who believe that the revolving door between the private sector and the government fosters corruption, had written a letter toClinton last week asking her to clarify whether she supported the legislation.Sen. Elizabeth Warren (D-Mass.) has called it“a bill any presidential candidate should be able to cheer for.”’

To Restore Trust in Government, Slow Wall Street’s Revolving Door @ Hillary Clinton & Sen. Tammy Baldwin Huff Po

“Right now, some private sector employers offer bonuses to employees when they leave to join the government. This bill would prohibit that. The private sector shouldn’t be allowed to “pay to play” with their former employees. If you’re working for the government, you’re working for the people — not for an oil company, drug company, or Wall Street bank or money manager.”

“Right now, government employees entrusted with oversight are required by law to recuse themselves from any cases involving their former employers for one year. That’s not long enough. This bill would bump it up to two years. And for people leaving government service, this bill would prevent them from taking a job at a company they oversaw until at least two years have passed.”

Aug. 31 2015 Hillary Headlines

Is Joe Biden Getting a Gender Advantage? Rebecca Traister @New York Magazine

The Hillary Clinton email scandal is overblown @ Editorial NJ.com

Petraeus prosecutor: Clinton committed no crime @USA Today

Castro Questions Sanders’ Commitment to Latino Community @ The Texas Tribune

Hillary Clinton, Facing a Difficult Summer, Flexes Her Muscle @ The New York Times

“Mrs. Clinton spent the weekend fund-raising in the Hamptons, where roughly 1,000 people turned out over three events. She was described as relaxed and engaged by people who saw her speak at the home of the fashion designer Tory Burch.”