Hillary Takes Part in Equal Pay Roundtable, Celebrates First Year of Campaign

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Tuesday was Equal Pay Day and Hillary Clinton attended a round table event at Glassdoor where she outlined her plan to raise the wages of women across the country. She called for the passage of the Paycheck Fairness Act which would make it illegal for an employer to fire someone for finding out how much a co-worker makes. Clinton also said she would require every company to review its compensation and evaluate whether women are paid equally. She also vowed to work with states to ensure current equal pay statutes across the country are still being followed. Clinton called for more transparency saying, “There’s not enough transparency, and we don’t know exactly what the pay gaps are in many settings, predominantly in the private sector. We need to use the federal government, the Department of Labor and others, to really encourage more transparency, to get more public information.”

The conversation included: World Cup Champion and Olympic Gold Medalist Megan Rapinoe; Glassdoor CEO Robert Hohman; Make It Work Co-founder & Co-executive Director Tracey Sturdivant; Clayman Institute for Gender Research Executive Director Lori Nishiura MacKenzie; Gap Foundation President and Gap Sustainability Vice President Dan Henkle and award-winning journalist Diane Brady. A full video of the roundtable event is below and a transcript of Clinton’s remarks is available HERE.

Clinton then traveled to Florida where she attended three fundraisers. The first event was in Manalapan where she attended an event at the home of Marsha and Henry Laufer. Clinton’s second event was in Miami Beach and included a conversation with Congressman Joaquín Castro, Kristin Davis, and Raúl De Molina. Singer Carole King also performed at the event. The final event of the day was held at the Miami Beach home of Tiffany and Alex Heckler. Congressman Castro also attended the event with Hillary.

Today also marks one year since Clinton announced her plans to run for president. Since April 2015, Clinton has received millions in donations, leads in the race for the Democratic nomination, and has rolled out an comprehensive platform. To celebrate the occasion, Hillary for America has put together a fact page with information about the campaign and the donors. In fact, you can type in your name and see how many other donors share your first name! A lot has been accomplished in the last year, but it is a long road to November.

For all the latest, follow our revamped Scheduled Events page and follow Clinton on Twitter, Facebook, and Instagram.

News Source: Think Progress

Clinton Unveils Wall Street Plan

MANCHESTER, NH - SEPTEMBER 19: Democratic presidential candidate Hillary Clinton raises her arms stands on stage during the New Hampshire Democratic Party Convention at the Verizon Wireless Center on September 19, 2015 in Manchester, New Hampshire. Challenger for the democratic vote Sen. Bernie Sanders (I-VT) has been gaining ground on Clinton in Iowa and New Hampshire. (Photo by Scott Eisen/Getty Images)
MANCHESTER, NH – SEPTEMBER 19: Democratic presidential candidate Hillary Clinton raises her arms stands on stage during the New Hampshire Democratic Party Convention at the Verizon Wireless Center on September 19, 2015 in Manchester, New Hampshire. (Photo by Scott Eisen/Getty Images)

On Thursday, Hillary Rodham Clinton unveiled her plan to regulate Wall Street and protect Americans. In an op-ed on Bloomberg she explained her plan and her reasoning for a number of its points. She then released details of the plan on The Briefing. The plan is very detailed and it would be impossible to insert the entire plan into this post. We have summarized the main points below:

  • Defend and preserve Dodd-Frank
    • Veto any legislation that attempts to weaken the law
    • Fight Republican attempts to repeal it
  • Reduce dangerous risks in the financial system
    • Impose a “risk fee” on the liabilities with of banks with more than $50 billion in assets
    • Reorganize, downsize, or break apart firms that are too large and too risky
    • Increase oversight of the “shadow banking” system to reduce risk
    • Introduce high-frequency trading tax for the stock markets
    • Impose compensation rules on senior management of banking institutions that suffer losses that threaten its financial health
    • Strengthen the Vlocker Rule (which prohibits banks from making risky or speculative trading bets with taxpayer-backed money)
    • Increase transparency in the banking system
    • Introduce international cooperation to curb excessive risk-taking
    • Increase the financial system’s security against cyber attacks
  • Hold individuals and corporations responsible when they break the law or put the system at risk
    • Ensure individual accountability when prosecuting wrongdoing
    • Ensure that fines affect the bonuses of executives, supervisors, and employees with misconduct takes place on their watch
    • Prohibit individuals in financial services from working in the industry after being convicted of egregious crimes
    • Extend the statute of limitations for financial fraud
    • Strongly prosecute insider traders
    • Create guidelines for that ensure transparency and accountability
    • Require that corporations admit to wrongdoing as a condition of settlement agreements
    • Increase transparency of corporate settlements
    • Restrict SEC waivers for repeat offenders
    • Give prosecutors the resources to punish law-breakers
    • Strengthen the SEC and CFTC
    • Increase maximum penalties for SEC and CFTC actions
    • Reward whistleblowers for bringing illegal activities to attention of authorities
  • Ensure that the financial systems serves investors and consumers, not just itself
    • Make sure that Wall Street helps Main Street grow and prosper
    • Protect all Americans from unfair and deceptive practices that put their earned income at risk

Clinton’s plan protects hard working Americans while ensuring that those who threaten the economy and financial system as a whole are held accountable. You can read the plan in full on The Briefing and read her op-ed on Bloomberg. She summed up her plan saying, “The bottom line is that we can never allow what happened in 2008 to happen again. Just as important, we have to encourage Wall Street to live up to its proper role in our economy — helping Main Street grow and prosper. With strong rules of the road and smart incentives, the financial industry can help more young families buy that first home, make it possible for entrepreneurs to create new small businesses and support hardworking Americans saving for retirement. My plan will help us unlock that potential. We’ll create good-paying jobs, raise incomes and help families afford a middle-class life, with less speculation and more growth — growth that’s strong, fair and long-term. That’s what I’m fighting for in my campaign, and that’s what I’ll do as president.”

Tonight, Clinton will present an award during the Congressional Hispanic Caucus Institute Gala, and she will attend a private fundraiser in Washington, DC. For all the latest, follow our Scheduled Events page and follow Clinton on Twitter, Facebook, and Instagram.

News Source: Bloomberg, The Briefing, The New York Times, Business Insider