Clinton Claims She Stood up to Wall Street; Only 3% of Donations from Wall St.

STEPHANOPOULOS: “You also have your differences over Wall Street. We’ve heard a little bit of that going into this. And I was struck this morning, American Crossroads, a super PAC founded by Karl Rove, who, of course, worked for President George W. Bush, has just launched this online ad in Iowa.”
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UNIDENTIFIED MALE: “Hillary Clinton’s gotten 54 times more money from Wall Street interests than from all of Iowa. Hillary rewarded Wall Street with the $700 billion bailout. Then Wall Street made her a multi-millionaire.”
CLINTON: “I represented Wall Street.”
UNIDENTIFIED MALE: “Huh, you sure did, Hillary.”
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STEPHANOPOULOS: “Now, that echoes the points being made by Bernie Sanders in his campaign. Are you worried that your ties to Wall Street are weighing you down?
CLINTON: “Well, first, let me say I think it shows how desperate the Republicans are to prevent me from becoming the nominee. I find that, in a perverse way, an incredibly flattering comment on their anxiety, because they know that not only will I stand up for what the country needs, I will take it to the Republicans. I have a track record which shows I know how to stand up to them. And I will win. So I think this just proves my point, that I am the strongest candidate to go up against any Republican. With the back and forth on Wall Street, I think it’s, you know, look, I have stood up to Wall Street even though I did represent New York. I have advocated for changes. But what I find sort of strange is, number one, the ad that Senator Sanders ran was really against all Democrats who ever took any contributions from anybody associated with the financial industry. That would include President Obama, who took more anyone ever had in 2008. That did not stop him from turning around and imposing the toughest rules on Wall Street since the 1930s. The same with Barney Frank, who has actually written about this. You know, that is just a false charge. But in addition, I think it’s important for us to look at our respective plans. In fact, everyone who has offered an opinion about the plan that Senator Sanders has proposed and the one I put together has said mine is tougher, mine is more comprehensive, it would be more effective, because it tries to get not just at the problems of yesterday, but the potential problems of tomorrow, going after shadow banking and investment banks and big insurance companies, like what we saw in ’08 where Lehman Brothers and AIG were principal causes of what happened to us. And I think, finally, I would say that I have gotten maybe 3 percent of my — less than 3 percent of my contributions this time from anybody associated with financial industry activities. I’ve gotten so much more from students and teachers. Ninety percent of my contributions are from smaller donors and 60 percent from women. So I’m just — you know, I didn’t know about Karl Rove’s ad against me, but it kind of boosts me up, because I assume he thinks that I am going to get the nomination and he’s trying to interfere with the Iowa caucus to maybe confuse people on their way to caucus for me.”
STEPHANOPOULOS: “Madam Secretary, thanks very much for your time this morning.”
CLINTON: “Thank you. Good to talk to you, George.”