Hillary Rodham Clinton made a case on Friday for weaning Wall Street from an addiction to profits, calling for a change to the capital gains taxes for the highest earners and a string of measures to adjust the balance of power between corporate titans and their employees.
She also supported raising the minimum wage for fast-food workers to $15 in New York, where a wage board this week suggested such an increase, but she also insisted such a rise is not a one-size-fits-all approach for the whole country.
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Workers rallied in New York in June to raise hourly wages.
A Guide to New York’s $15 Minimum Wage ProposalJULY 23, 2015
Amid pressure from the left to take a more aggressive approach toward the financial industry, Mrs. Clinton presented her proposals in a speech at New York University, the second major address of her campaign that focused on economic issues. Her approach — suggesting, among other things, increasing transparency involving stock buybacks and executive compensation — marks the first efforts to take on Wall Street, without the gate-rattling that some more liberal elements of the Democratic Party have called for.