Hillary Clinton Calls for Breaking Up 'Too Risky' Financial Firms
The policy proposals lend Clinton ammunition—or at least armor—for the Democrats' first nationally televised presidential debate on Tuesday.
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Hillary Clinton supports breaking up or reorganizing financial firms that are “too large and too risky to be managed effectively,” her campaign said Thursday as it unveiled a set of proposals aimed at reining in what it sees as Wall Street's abuses.
“Regulators would have the explicit statutory authorization to require that they reorganize, downsize, or break apart,” the campaign said in a fact sheet.