By Ben Wolfgang
October 10, 2016
Hillary Clinton’s
top aides feared progressive hero Sen. Elizabeth Warren would shun the former
first lady and instead endorse Sen. Bernard
Sanders in the Democratic presidential primary, emails show,
confirming that the Clinton campaign was well aware of its potential
liabilities among liberals.
Emails released Monday by
WikiLeaks show Clinton campaign
officials openly worrying about a potential Warren endorsement of Mr. Sanders,
a move that would have reshaped the Democratic primary and dealt a serious blow
to Mrs.
Clinton’s chances.
The October 2015 discussion
focused on whether the former secretary of state would back a reinstatement of
the Glass-Steagall Act, a 1933 law that separated commercial and investment
banking. It was repealed in 1999.
At the time of the
conversation, Mr. Sanders was
pushing a new form of the law to prevent another financial meltdown, but Mrs. Clinton opposed
the idea.
“I am still worried that we
will antagonize and activate Elizabeth Warren by opposing a new Glass Steagall.
I worry about defending the banks in the debate” with Mr. Sanders, Clinton adviser
Mandy Grunwald wrote on Oct. 2, 2015. “I understand that we face phoniness
charges if we ‘change’ our position now - but we face political risks this way
too. I worry about Elizabeth deciding to endorse Bernie.”
Clinton campaign
financial adviser Gary Gensler replied that he’d recently spoke with Mrs.
Warren about Wall Street reform, though the emails did not detail their
discussions.
But other messages show Clinton allies
worried about alienating Mrs. Warren years before the presidential campaign
began. In November 2014, longtime Clinton aide
Huma Abedin told other allies of the former first lady that it was imperative
the two women discuss economic policy.
“They do not want
intermediaries discussing the relationship or the potential policy differences
as they feel that is happening too much. They want to have a direct
conversation about economic policy,” Ms. Abedin wrote.
Ultimately, Mrs. Warren
withheld an endorsement until the primary effectively was over, and then
formally backed Mrs. Clinton.
More broadly, the Clinton
campaign seemed skittish about fighting Mr. Sanders on
the issue of Wall Street reform.
“Bernie wants a fight on a
Wall Street. We should not give him one. Our polling shows this is one of our
weakest areas,” Ms. Grunwald wrote in January 2016.
Over the weekend, WikiLeaks
released private emails from Clinton campaign
chairman John Podesta that included excerpts of Mrs. Clinton’s
paid speeches to top Wall Street firms. In at least one of those
speeches, Mrs.
Clinton told wealthy bankers she has “both a public and a private
position” on Wall Street reform, underscoring progressives’ doubts that she’s
truly interested in taking on powerful banking interests if elected president.
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