Warren gave Hillary personnel picks while the campaign fretted over Warren’s endorsement.
Emails in the Wikileaks John Podesta hack has revealed details into the relationship between Sen. Elizabeth Warren (D-MA) and the Hillary Clinton campaign. One email shows that Warren supplied the campaign with a list of possible nominees for personnel in a Hillary administration. Other emails showed concern in the campaign about how Warren would react if Hillary didn’t support a revival of the Glass-Steagall Act.
Clinton speechwriter director Dan Schwerin sent an email to the campaign after he had a long discussion with Warren aide Dan Geldon:
He was intently focused on personnel issues, laid out a detailed case against the Bob Rubin school of Democratic policy makers, was very critical of the Obama administration’s choices, and explained at length the opposition to Antonio Weiss. We then carefully went through a list of people they do like, which EW sent over to HRC earlier.
As Politico points out, this meeting fits Warren’s agenda:
The email is a window into Warren’s “personnel is policy” push aimed at limiting Wall Street executives from getting top jobs in Washington. The Democratic Party adopted the mantra as part of its campaign platform this year.
Warren is on guard against Clinton tapping business-friendly administration officials from the Rubin wing of the party — a case that Warren has made directly to the Democratic nominee and indirectly through speeches and nomination fights.
We have already been in touch with a number of them and I asked if he would be comfortable introducing me to the others, to which he seemed reasonably amenable. We spent less time on specific policies, because he seemed less interested in that.
He spoke repeatedly about the need to have in place people with ambition and urgency who recognize how much the middle class is hurting and are willing to challenge the financial industry.
But Geldon told Schwerin that Warren’s camp may show “some flexibility on Glass-Steagall.” This law separated “commercial and investment banking” and Warren would like to revive the law, but Hillary has not endorsed it. Previous emails showed the Clinton campaign became concerned over Warren’s candidate choice if Hillary walked away from the law:
“I am still worried that we will antagonize and activate Elizabeth Warren by opposing a new Glass Steagall,” Mandy Grunwald, a top adviser to the campaign, allegedly wrote in an email on Oct. 2, 2015. “I worry about defending the banks in the debate.”
The email expressed concern Ms. Warren and other left-leaning Democrats might throw their support behind Sen. Bernie Sanders of Vermont, Mrs. Clinton’s rival for the Democratic nomination. “I worry about Elizabeth deciding to endorse Bernie,” Ms. Grunwald allegedly wrote.
President Bill Clinton repealed the Depression-era law in 1999. Warren and Sen. John McCain (R-AZ) have tried to bring it back, though. While Hillary hasn’t endorsed it, the Democrat Party platform changed to include a form of it:
Mrs. Clinton hasn’t endorsed reinstating the law, although this year’s Democratic Party’s platform called for an “updated and modernized version” of Glass-Steagall and breaking up too-big-to-fail banks that pose a risk to the U.S. economy. “Banks should not be able to gamble with taxpayers’ deposits or pose an undue risk to Main Street,” the platform said.
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