a guy named gary gensler to be the chief financial officer for her campaign.y gensler and elizabeth warren were two key players in picking the laws that wall street hates. in is someone you might expect a elizabeth warren campaign to hire. it's hillary clinton who is making news for having just hired him at the highest levels of her campaign. also, time magazine recently decided to name elizabeth warren as one of the most influential person in the country. more interesting than picking her is the person they got to write about elizabeth warren and what a progressive champion she is hillary clinton. hillary clinton wrote a testament to elizabeth warren calling her a champion of working families and a scourge of special interests. as a side note, sort of proves the point, i think, the person time magazine got to write about how create the koch brothers are in the same issue of the same magazine? writing about elizabeth warren is hillary clinton. writing about the koch brothers is rand paul. in presidential politics, the two parties right now are running as fast

gary gensler is no joke when it comes to financial reform, he was the bane of wall street during hislf years. he attacked the $700 trillion derivatives market with new rules, some which wrangled the obama administration with how strong they were. it is not official, but a big deal. early feedback last night after we broke this from the financial reform community, which has been skeptical of clinton, very excited about this higher. brendan: deep cynicism is an affliction of political journalists, do we see this as a sincere move or a strategic one? phil: a lot of us shook our heads when she wrote about elizabeth warren. it seemed a little blatant in terms of what she was trying to do. this is a concrete step. there is to think to look at gary gensler has ties to the clinton treasury and was an advisor to hillary clinton's campaign in 2008. he is not someone who gets sideline, he has sharp oboes and will be in play, he will not be symbolic, not a figurehead. this is a big deal. brendan: we will do a screeching turn and pull up a poll that we will take a look at. the movement on gay mar

the guy that she appointed, gary gensler, the former head of -- i will say, i know gary. decent guy, very smart. capable, executive. actually a capable regulator. i think -- >> isn't that idea gifts a regulator -- the impression a qusay -- quasi-policeman. >> he is a smart guy, very close ties to goldman sachs, as she goes out and bashes wall street. tell them -- tell lloyd tell larry fink at black rock, i'm not attacking you every day. i don't believe -- this is on the unofficial -- i don't believe in the stuff i'm saying. while i say it over here, i'm going to point some of your guys. guys that pass the smell test. gary gensler has the backdrop he worked in the obama administration as head of the commodity future trading commission. not like he was a key player the dodd-frank -- >> but a that feeds the anywheretive she is tied and the left is going -- >> she needs them to raise her $2.5 billion. that's the tightrope she is playing and this is why this campaign -- she is not running against anybody, she is kind of running against herself weapon all know she is tied to th

you know gary gensler very well.e of the prime -- primary fires pushing dozens of tough rules on the $700 trillion stock market. the willingness for her to bring him on board, this is a significant signal to people and it's a key point. he is not a shrinking violet. he is somebody will plan the policy and have an important role in the campaign. this means something for hillary clinton. it's a big side of her campaign is trying to do as it ramps up. erik: what does a cfo of a campaign actually do? is it just the title? what might this position be if she's elected president? >> they oversee the financials. he is not the chief fundraiser or the person trying to raise money. he's trying to take a view of what the campaign is doing. he will certainly fill that role. the idea that he would be cap out policymaking decisions everybody that i have talked to says there is a slim chance of that. he is involved in this and has the expertise. treasury secretary is something he is well if i or and something you'd think he'd be pos

. >> i think hiring gary gensler cfo they know him from goldman sachs. neil: why now is. >> because they're performing -- >> nothing to do with the fact that she is a creature of wall street? >> neil dodd-frank is not one of the main themes for the 2016 election. we've been there. it's not coming back. it's what and you anthony spoke about. income, wages, the economy and foreign policy. no one cares about dodd-frank regulation right now. neil: i agree, but the liberals in the party who feel any ties she has to the banking industry, and i agree with you, i don't think they're onerous or embarrassing they're going to make it a big deal far more than republicans. >> financial services are critical to the country. she's going to have relationships with them, and have relationships with them as well. neil: you are an adviser you are a golfing buddy of the president. do you think that she has to step very carefully here that she can't look like she's too close to these guys at least now as she's pursuing the nomination is. >> i don't, i don't think she needs t

clinton will name gary gensler as her c.e.o.rmer head of the commodities futures trading commission and a strong advocate for stricter wall street regulations. the move should help her with those who claim she is too cozy with wall street. that is a look at top stories on this friday. coming up, scarlet fu with the friday edition of "on the markets." and a chat with fortuna investors. later, the c.e.o. and founder of quirky. it is friday so we bring you a look back at the most notable newsmakers from this past week on "bottom line." >> i think her biggest problems are going to be distancing herself from president obama. he has got a 60% disapproval rating. wrong track reading for the economy. she is fighting political history where it is difficult for the same party to hold the white house for 12 years. she has a real problem because if you look back at her record as a senator, secretary of state, there is no signature, schmidt. she will have to explain why she is running for president and has been for 10 years and give the amer

bloomberg reports clinton will tap gary gensler, former chair of the commodity futures trading commission, and a leading figure . a u.s. judge has advanced a lawsuit over the 1973 murder of musician victor jara in chile. pedro pablo barrientos nunez now a u.s. citizen living in florida, has been accused of torturing murdering jara in the days after the u.s.-backed coup against democratically elected president salvador allende. the judge's decision allows a lawsuit brought by his family to move forward. amnesty international has released a new report detailing what it calls a "chilling crackdown on dissent" in the u.s.-backed gulf kingdom of bahrain. despite promises of reforms, amnesty reports rampant abuses including torture, arbitrary detention of human rights activists and excessive force against protesters have continued in bahrain, following a 2011 uprising against the sunni monarchy. the report comes just days before bahrain hosts the formula one grand prix auto race. bahrain is a close ally of the united states, home to the navy's fifth fleet. republican presidential candidate jeb

think it's interesting, so she brought on, and you wrote about this she brought on a new cfo, gary gensler been known as very tough on wall street when he took over the commodity futures trading commission he was looked at someone who implemented reform. >> it got a lot of attention that she would hire someone like that at such a top position in her campaign and that does send a strong message. i think the question though is how much power will he have in the campaign. is he put in place mostly to send a message or will he have the power to shape her policy views. we don't know yet. >> take a look at these poll numbers coming from pew, what they show us. 64% of americans are bothered a lot by the idea that corporations they think don't pay their fair share of taxes. skin% are 61% think wealthy individuals don't pay enough taxes. you've got a pretty strong majority on both those fronts. i understand if you think taking this populist stance early on in the campaign coming out and talking about the way some on wall street makes its money is something she's sort of been forced into just by the

recruitment of gary gensler, a former top wall street raider later as her chief financial officer waso tell donors she is serious about avoiding the overspending that plagued her last presidential campaign. it was the latest indication that she is prepared to take a cover stance towards the financial industry, that is from today's "new york times." st. paul, minnesota, mark is an independent. caller: i would like a discussion on the transpacific partnership, the top secret deal that our president is negotiated with large corporations to all these foreign countries. it does not look good at all for the american public. host: matt, in washington d.c., republicans line. caller: thank you for taking my call. here is the comment i want to make. the united states gives a lot of money to foreign countries including africa, to address climate change. when it comes to the problem you do not hear anything from those countries. where is that money going to? in africa, they have no regulation to help the united states take care of the climate change. a lot of problems -- in africa, they have issu