H4A News Clips 7.25.15

From:aphillips@hillaryclinton.com To: aphillips@hillaryclinton.com BCC: HRCRapid@hillaryclinton.com Date: 2015-07-25 10:31 Subject: H4A News Clips 7.25.15

*H4A News Clips* *July 25, 2015* *TODAY’S KEY STORIES................................................................................................................. **7* *Hillary Clinton Eyes Corporations in Proposals for Economy* // NYT // Maggie Haberman - July 24, 2015 7 *Hillary Clinton on e-mail controversy: ‘Maybe the heat is getting to everybody’* // WaPo // Jose A. DelReal - July 24, 2015.......................................................................................................................... 9 *New York Times issues correction on Clinton email story* // CNN // Tom LoBianco - July 24, 2015 10 *Clinton: The tyranny of quarterly earnings hurts innovation* // Wired // Issie Lapowsky - July 24, 2015 11 *HRC NATIONAL COVERAGE....................................................................................................... **13* *Hillary Clinton Email Said to Contain Classified Information* // NYT // Michael S. Schmidt and Matt Apuzzo - July 24, 2015........................................................................................................................ 13 *Hillary Clinton to Back $15 Fast-Food Minimum Wage in New York* // NYT // Maggie Haberman - July 24, 2015..................................................................................................................................... 15 *1993 Video Reveals a More Impassioned and Direct Hillary Clinton* // NYT // Amy Chozick - July 24, 2015............................................................................................................................................ 15 *Ranking Hillary Clinton’s e-mail problems* // WaPo // Amber Phillips - July 24, 2015.............. 16 *Hillary Clinton is playing (home state) favorites on the minimum wage* // WaPo // Jim Tankersley and Lydia DePillis - July 24, 2015.......................................................................................................... 18 *New York Times says there was ‘no factual error’ in Hillary Clinton e-mail referral story* // WaPo // Erik Wemple - July 24, 2015........................................................................................................ 20 *Justice: Probe sought in Clinton e-mails, but no ‘criminal’ focus* // WaPo // Fred Barbash - July 24, 2015 21 *This is Hillary Clinton’s Elizabeth Warren moment* // WaPo // Max Ehrenfreud - July 24, 2015 22 *Hillary Clinton Sent Classified Information Over Email While at State Department, Review Finds* // WSJ // Bryon Tau - July 24, 2015...................................................................................................... 24 *Hillary Clinton Proposes Sharp Rise in Some Capital-Gains Tax Rates* // WSJ // Laura Meckler - July 24, 2015............................................................................................................................................ 26 *Hillary Clinton to Propose Doubling Capital Gains Tax Rate on Short-Term Investments* // WSJ // Laura Meckler - July 24, 2015......................................................................................................... 27 *Clinton says nation's companies need to think long-term* // AP // Ken Thomas - July 24, 2015. 29 *In new White House bid, Clinton embraces race as a top issue* // AP // Bill Barrow - July 24, 2015 31 *Hillary Clinton’s plan for corporate America* // Politico // Annie Karni - July 24, 2015.............. 32 *GOP says Clinton must turn over server after news of probe* // Politico // Rachael Bade - July 24, 2015 34 *Hillary Clinton on email scandal: Everybody calm down* // Politico // Josh Gerstein and Hanna Trudo - July 24, 2015............................................................................................................................... 37 *Hillary Clinton Faults ‘Hit-and-Run’ Activist Investors* // Bloomberg // Brandon Kochkodin and Caleb Melby - July 24, 2015........................................................................................................................ 40 *Hillary Clinton's Fix for Short-Termism? They Tried It in 1934* // Bloomberg // Peter Coy - July 24, 2015 41 *Hillary Clinton Adds Capital Gains Complexity With Tax Rise, 6-Year Wait* // Bloomberg // Richard Rubin - July 24, 2015........................................................................................................................ 43 *Hillary Clinton Calls for Investors to Escape 'Tyranny' of 'Short Termism'* // Bloomberg // Jennifer Epstein - July 24, 2015........................................................................................................................ 45 *Clinton emails contained classified material: U.S. inspector* // Reuters // Jonathan Allen - July 24, 2015 47 *Clinton proposes tax, buyback changes to encourage long-term growth* // Reuters // Jonathan Allen and Luciana Lopez - July 24, 2015............................................................................................... 48 *Justice Department: No criminal referral over Clinton emails* // Reuters // Susan Heavey - July 24, 2015 49 *Hillary's emails touched off debate about classified documents* // Politico // Josh Gerstein - July 24, 2015........................................................................................................................................... 50 *Hillary Clinton slogs through another email frenzy* // CNN // Stephen Collinson and Tom LoBianco - July 24, 2015..................................................................................................................................... 53 *Official: Clinton emails included classified information* // CNN // Elise Labott - July 24, 2015.. 56 *Clinton focuses on economy amid email controversy* // CNN // Dan Merica and Eric Brader - July 24, 2015............................................................................................................................................ 59 *How Hillary Clinton plans to ‘save capitalism’* // MSNBC // Alex Seitz-Wald - July 24, 2015..... 62 *New allegations on Clinton emails start to unravel* // MSNBC // Steve Benen - July 24, 2015... 64 *Hillary Clinton proposes sharp increase in short-term capital gains taxes* // NBC // Everett Rosenfeld - July 24, 2015............................................................................................................................... 65 *Hillary Clinton: Report of Email Probe Has 'a Lot of Inaccuracies'* // NBC // Kristen Welker - July 24, 2015............................................................................................................................................ 66 *Will Hillary's econ speech bring together Democrats?* // NBC // Ben White - July 24, 2015...... 68 *What the Clinton Email Story Might — or Might Not — Mean* // NBC // Chuck Tod, Mark Murray, and Carrie Dann - July 24, 2015............................................................................................................. 69 *Hillary Clinton Isn’t Going As Far As Her Democratic Rivals on Minimum Wage* // ABC // MaryAlice Parks and Liz Kreutz - July 24, 2015...................................................................................................... 70 *Hillary Clinton: IG's Urge Justice Department to Probe Her Emails* // ABC // Justin Fishel and Mike Levine - July 24, 2015........................................................................................................................ 71 *Hillary Clinton defends Planned Parenthood amid video controversy* // CBS // Reena Flores - July 24, 2015............................................................................................................................................ 72 *No criminal probe requested into Hillary Clinton's email, DOJ clarifies* // CBS // Paula Reid - July 24, 2015............................................................................................................................................ 73 *Hillary Clinton Would Double Taxes on Short-Term Capital Gains* // Fox // Dunstan Prial - July 24, 2015 75 *New York Times Corrects Explosive Hillary Clinton Email Story Amid Campaign Pushback* // HuffPo // Michael Calderone and Sam Stein - July 24, 2015................................................................... 76 *Hillary Clinton's Economic Speech A Total Letdown* // HuffPo // Zach Carter - July 24, 2015... 78 *Hillary Clinton Pushes Back On Report Of Email Investigation* // HuffPo // Sam Levine - July 24, 2015 80 *Classified Emails Were Sent Through Clinton's Private Network, Watchdog Says* // NPR // Eyder Peralta - July 24, 2015............................................................................................................................... 81 *How The New York Times Bungled the Hillary Clinton Emails Story* // Newsweek // Kurt Eichenwald - July 24, 2015............................................................................................................................... 83 *What Hillary Can Learn From Amy Schumer* // Daily Beast // Keli Goff - July 24, 2015............ 88 *Hillary Clinton wants to take on "quarterly capitalism" — here's what that means* // Vox // Matthew Yglesias - July 24, 2015........................................................................................................................ 90 *Hillary Clinton's capital gains tax reform, explained* // Vox // Matthew Yglesias - July 24, 2015 93 *How the old rules apply to the new Hillary Clinton email scoop* // Vox // Jonathan Allen - July 24, 2015 96 *Clinton responds to reports of possible email investigation* // LA Times // Michael Memoli - July 24, 2015............................................................................................................................................ 97 *Clinton calls on corporations to shift focus to longer-term growth* // LA Times // Michael Memoli - July 24, 2015..................................................................................................................................... 97 *Federal investigators want Justice Department probe of Hillary Clinton emails* // LA Times // Evan Halper - July 24, 2015........................................................................................................................ 99 *Inspector General Says Hillary Clinton Emails Contained Classified Information* // TIME // Zeke J. Miller - July 24, 2015....................................................................................................................... 101 *Officials: Classified Emails ‘Should Never’ Have Been On Hillary Clinton Server* // TIME // Zeke J. Miller - July 24, 2015...................................................................................................................... 104 *What Hillary Clinton’s New Tax Proposal Would Mean* // TIME // Ian Salisbury - July 24, 2015 105 *Hillary Clinton Courts Both Liberals and Wall Street with Tax Plan* // TIME // Sam Frizell - July 24, 2015 106 *Hillary Clinton: Capitalism is out of balance, needs a reset* // Fortune // Tory Newmyer - July 24, 2015 108 *New York Times corrects bombshell email-scandal story after Hillary Clinton blasts it* // Business Insider // Brett Logiurato - July 24, 2015............................................................................................. 110 *Call for DoJ probe into Clinton emails* // FT // Demetri Sevastopulo and Gina Chon - July 24, 2015 112 *Clinton: Focus more on workers than on profits* // The Hill // Ben Kamisar - July 24, 2015...... 113 *Top Dem denies criminal probe of Clinton’s emails* // The Hill // Martin Matishak - July 24, 2015 114 *Hillary Clinton email inquiry not linked to criminal wrongdoing, official says* // Guardian // July 24, 2015.......................................................................................................................................... 115 *Hillary Clinton decries Wall Street's 'quarterly capitalism' in tax reform pitch* // Guardian // Ben Jacobs - July 24, 2015.............................................................................................................................. 116 *Hillary Clinton likely 'mishandled' secrets because too much is classified* // Guardian // Trevor Timm - July 24, 2015.............................................................................................................................. 117 *Hillary Clinton calls for shift in corporate priorities to help workers* // Newsday // James T. Madore - July 24, 2015................................................................................................................................... 119 *What’s in those classified Clinton emails?* // McClatchy // Corrine Kennedy - July 24, 2015.... 120 *Hillary Clinton Email Scandal Could Turn into Criminal Investigation* // Gawker // Sam Biddle - July 24, 2015.......................................................................................................................................... 121 *Hillary Clinton Alleges ‘Inaccuracies’ in Reports of Inquiries Into Her Emails* // NY Observer // Jillian Jorgensen - July 24, 2015.................................................................................................... 123 *Hillary Clinton resurrects ‘90s tax policy* // Washington Times // S.A. Miller - July 24, 2015... 123 *Hillary Clinton’s private email account triggers criminal inquiry request* // Washington Times // David Sherfinski and Maggie Ybara - July 24, 2015......................................................................... 124 *DOJ: No, We Weren't Asked To Launch A Criminal Probe Into Clinton's Emails* // TPM // Catherine Thompson - July 24, 2015..................................................................................................................... 126 *Justice Dept. May Probe 'Compromise' of Classified Info In Hillary Clinton's Email* // National Journal // Ben Geman - July 24, 2015......................................................................................................... 127 *False reports of Hillary Clinton investigation just keep falling apart* // Daily Kos // Laura Clawson - July 24, 2015................................................................................................................................... 130 *New York Times presents another Clinton bombshell ... and again, it bombs* // Daily Kos // Laura Clawson - July 24, 2015....................................................................................................................... 131 *Capital Gains Tax And Long-Term Growth Topics At NYU Speech By Presidential Candidate* // IB Times // Jess McHugh - July 24, 2015................................................................................................ 132 *Sanders Surges, Hillary Drops in New Gallup Poll* // Newsmax // Jason Devaney - July 24, 2015 133 *Hillary Clinton Puts Fashion Bloggers to Shame* // W Magazine // Sarah Leon - July 24, 2015. 133 *Hillary Clinton E-mails May Prompt Further Inquiry (Updated)* // Vanity Fair // Kia Makarechi - July 24, 2015.......................................................................................................................................... 134 *Hillary Clinton: Capitalism Needs to Be ‘Reinvented’ and ‘Put Back into Balance’* // The Blaze // Fred Lucas - July 24, 2015....................................................................................................................... 135 *New York Times Writes Badass Slash Fiction About Hillary Clinton Criminal Investigation* // Wonkette // Kaili Joy Gray - July 24, 2015....................................................................................................... 136 *Criminal Probe Sought Over Hillary Clinton's Private Emails: Reports* // People // Maria Coder - July 24, 2015.......................................................................................................................................... 138 *OTHER DEMOCRATS NATIONAL COVERAGE......................................................................... **138* *O’MALLEY............................................................................................. **138* *A pro-O’Malley super PAC raises $289,000. That’s not all that super.* // WaPo // John Wagner - July 24, 2015.......................................................................................................................................... 139 *On banks, O’Malley is both prosecutor and policy wonk* // WaPo // Aaron C. Davis - July 24, 2015 140 *Congress needs to act on gun reform* // Boston Globe // Martin O’Malley - July 24, 2015......... 141 *O'Malley gets early backing from a California lawmaker* // LA Times // Michael Memoli - July 24, 2015 143 *Martin O’Malley sides with illegal immigrants in lawsuit against Texas* // Washington Times // S.A. Miller - July 24, 2015....................................................................................................................... 143 *O’Malley nets first congressional endorsement* // The Hill / Jonathan Easley - July 24, 2015.. 144 *Our generation needs Martin O'Malley in the White House* // Des Moines Register // Rep. Eric Swalwell - July 24, 2015.............................................................................................................................. 145 *Report: Two Inspectors General Seek Criminal Probe Of Hillary Clinton Email Use* // The Daily Caller // Chuck Ross - July 24, 2015............................................................................................................. 146 *Intelligence Expert Nails Reasons For Investigation Into Hillary Emails* // The Daily Caller // Casey Harper - July 24, 2015....................................................................................................................... 147 *SANDERS............................................................................................... **148* *Bernie Sanders’s ‘100% Brooklyn’ Roots Show Beyond His Accent* // NYT // Jason Horowitz - July 24, 2015.......................................................................................................................................... 148 *Bernie Sanders' spokesman holds down two jobs* // Politico // Gabriel Debenedetti - July 24, 2015 151 *What Do Anthem, Aetna, and Bernie Sanders Have in Common?* // Bloomberg // John Tozzi - July 24, 2015.......................................................................................................................................... 154 *Reason #1 to Vote Bernie: Sanders Does 'Better Than Clinton' Against GOP in Swing States* // HuffPo // H.A. Goodman - July 24, 2015..................................................................................................... 155 *Bernie Sanders' Appeal Has Doubled Among Americans Since March* // HuffPo // Janie Velencia - July 24, 2015................................................................................................................................... 158 *De Blasio gushes about 'democratic socialist' Bernie Sanders, says Donald Trump rallies people to 'blame immigrants'* // NY Daily News // John Spina and Jennifer Fermino - July 24, 2015................ 158 *A closer look at an old Bernie Sanders talking point* // PolitiFact // Louis Jacobson - July 24, 2015 160 *OTHER................................................................................................... **163* *Draft Biden campaign ramps up* // LA Times // Michael Memoli - July 24, 2015.................... 163 *Draft Biden group ramps up outreach* // The Hill // Jonathan Easley - July 24, 2015.............. 163 *Rival bets Biden will run for president* // The Hill // Jesse Byrnes - July 24, 2015.................. 164 *GOP.............................................................................................................................................. **165* *BUSH...................................................................................................... **165* *Jeb Bush wants to ‘phase out’ Medicare. Here’s what he meant.* // WaPo // Max Ehrenfreund - July 24, 2015.......................................................................................................................................... 165 *Jeb Bush now says he wouldn’t ‘phase out’ Medicare. What he would do is just as wrong.* // WaPo // Paul Waldman - July 24, 2015..................................................................................................... 166 *Bush’s strategy: Run as the un-Trump* // WaPo // Ben Terris - July 24, 2015.......................... 169 *Jeb Bush Learns Perils of Medicare Overhaul Proposal* // WSJ // Beth Reinhard - July 24, 2015 170 *Florida poll: Jeb Bush takes big lead over Marco Rubio //* Politico // Marc Caputo - July 24, 2015 171 *Jeb Bush's Struggle to Say What He Means Continues* // Bloomberg // Michael C. Bender - July 24, 2015 173 *Bush but no Trump expected at Aug. 3 Republican forum* // Reuters // Steve Holland - July 24, 2015 176 *Jeb Bush’s family values man* // MSNBC // Irin Carmon - July 24, 2015................................. 176 *Jeb Bush doubles down on far-right Medicare ‘reform’* // MSNBC // Steve Benen - July 24, 2015 177 *Jeb Bush Says No Need to Apologize for 'All Lives Matter'* // ABC // Candace Smith - July 24, 2015 179 *Here’s Jeb Bush’s Underwhelming Review of Sharknado 3* // TIME // Sarah Begley - July 24, 2015 180 *RUBIO.................................................................................................... **180* *Marco Rubio Has a New Answer For His Inexperience Problem* // Bloomberg // Sahil Kapur - July 24, 2015.......................................................................................................................................... 180 *The radicalism of Rubio’s foreign policy* // MSNBC // Steve Benen - July 24, 2015.................. 181 *Marco Rubio: Donald Trump’s not going to be the Republican nominee* // Washington Times // David Sherfinski - July 24, 2015..................................................................................................... 183 *WALKER................................................................................................ **183* *Top Scott Walker Fundraiser Calls Donald Trump ‘DumbDumb’* // WSJ // Reid J. Epstein - July 24, 2015 183 *PAUL...................................................................................................... **184* *‘Super Pac’ Backing Rand Paul Raised Far Less Than Rivals, Report Shows* // NYT // Nick Confessore - July 24, 2015................................................................................................................................... 184 *Rand Paul super PAC brings in less money than Bobby Jindal’s or Carly Fiorina’s* // WaPo // Tom Hamburger and Anu Narayanswamy - July 24, 2015............................................................................... 185 *Rand Paul Super PAC Raised $3.1 Million in First Half of 2015* // WSJ // Rebecca Ballhaus - July 24, 2015.......................................................................................................................................... 185 *Rand Paul super PACs raise $5 million* // Politico // Daniel Strauss - July 24, 2015................ 187 *Why Isn't Rand Paul Making a Data Deal With the GOP?* // Bloomberg // Sasha Issenberg - July 24, 2015.......................................................................................................................................... 187 *Rand Paul super PACs raise paltry $5 million* // CNN // Theodore Schleifer - July 24, 2015..... 190 *Rand Paul Launches Snapchat Ads* // TIME // Zeke J. Miller - July 24, 2015.......................... 191 *Rand Paul Destroys the Tax Code? Donald Trump Is Contagious!* // Forbes // Christopher Bergin - July 24, 2015................................................................................................................................... 192 *CRUZ...................................................................................................... **193* *Ted Cruz Accuses Majority Leader Mitch McConnell of Lying* // NYT // Jonathan Weisman - July 24, 2015.......................................................................................................................................... 193 *Ted Cruz Breaks Vow to Not Criticize Other Republicans* // NYT // Alan Rappeport - July 24, 2015 195 *Ted Cruz to GOP leader: You lied.* // WaPo // Mike DeBonis - July 24, 2015........................... 196 *Cruz to McConnell: You’re a liar* // WaPo // Elise Viebeck - July 24, 2015............................... 198 *Ted Cruz debated Code Pink protesters for 24 minutes* // WaPo // David Weigel - July 24, 2015 199 *Ted Cruz to GOP leader: You lied.* // WaPo // Mike DeBonis - July 24, 2015........................... 200 *Ted Cruz Says GOP Leader McConnell Told ‘Flat-Out Lie’* // WSJ // Isaac Stanley-Becker - July 24, 2015 203 *Ted Cruz accuses Mitch McConnell of telling a 'flat-out lie'* // Politico // Manu Raju - July 24, 2015 205 *Republican White House hopeful Cruz calls McConnell a liar* // Reuters // David Morgan and Richard Cowan - July 24, 2015...................................................................................................................... 207 *William Shatner: Ted Cruz calling Kirk a Republican is ‘silly’* // MSNBC // Benjamin Landy - July 24, 2015......................................................................................................................................... 208 *Brent Bozell endorses Ted Cruz for president* // MSNBC // Kelly O’Donnell - July 24, 2015.... 209 *Cruz says he won't speak ill of Republicans, bashes McConnell* // LA Times // Kathleen Hennessey - July 24, 2015................................................................................................................................... 210 *Ted Cruz Blasts Big Money In Politics* // HuffPo // Paul Blumenthal - July 24, 2015............... 211 *Ted Cruz Is Really Fed Up With Mitch McConnell* // HuffPo // Sam Levine - July 24, 2015...... 212 *Mitch McConnell's Move Leaves Ted Cruz Out In The Hallway* // HuffPo // Ali Watkins and Akbar Shahid Ahmed - July 24, 2015......................................................................................................... 213 *Ted Cruz Exploits Americans Trapped In Iran To Score Political Points Against Obama* // HuffPo // Akbar Shahid Ahmed - July 24, 2015.............................................................................................. 214 *CHRISTIE............................................................................................... **217* *Chris Christie Makes Big Advertising Splash on Fox News* // NYT // Jeremy W. Peters - July 24, 2015 217 *New Jersey Gov. Christie blames Amtrak for nightmarish commutes* // Reuters // Hilary Russ - July 24, 2015.......................................................................................................................................... 218 *Christie forgets: some Reagan references don’t work* // MSNBC // Steve Benen - July 24, 2015 219 *Time for some traffic problems under the Hudson River* // MSNBC // Steve Benen - July 24, 2015 220 *PERRY................................................................................................... **221* *One of Two Charges Against Rick Perry Is Dismissed* // NYT // Alan Rappeport - July 24, 2015 221 *Texas Court Dismisses One Charge Against Perry While Upholding Another* // WSJ // Nathan Koppel - July 24, 2015.............................................................................................................................. 222 *Appeals court drops one felony charge against Rick Perry* // Politico // Adam B. Lerner - July 24, 2015 223 *Texas appeals court tosses one count against former Governor Perry* // Reuters // Jim Forsyth - July 24, 2015.......................................................................................................................................... 224 *Court dismisses one criminal charge against Perry* // CNN // Eugene Scott - July 24, 2015..... 225 *Rick Perry Now Has One Less Problem In His Run For President* // HuffPo // Jacob Kerr - July 24, 2015 226 *SANTORUM........................................................................................... **226* *Rick Santorum joins fray in N.H.* // Boston Globe // Akilah Johnson - July 24, 2015............... 226 *Santorum Walks Away From Porn-Busting Promise* // US News // Steven Nelson - July 24, 2015 228 *HUCKABEE........................................................................................... **229* *Graham's fundraising puts him in middle of GOP pack* // USA Today // Mary Troyan - July 24, 2015 229 *JINDAL.................................................................................................. **230* *Bobby Jindal on theater shooting: 'We will get through this'* // CNN // Jedd Rosche - July 24, 2015 230 *Every Interview Bobby Jindal Gives Is The Same* // BuzzFeed // Christopher Massie - July 24, 2015 231 *TRUMP.................................................................................................. **232* *Donald Trump Is With the GOP, for Now* // WSJ // Reid J. Epstein - July 24, 2015................. 232 *For Donald Trump, Being His Own Super PAC Has Its Advantages* // WSJ // Rebecca Ballhaus - July 24, 2015.......................................................................................................................................... 233 *Donald Trump loved and hated by Hispanics in border city* // AP // Jill Colvin - July 24, 2015 235 *Debating The Donald: GOP rivals preparing with caution* // AP // Jill Colvin - July 24, 2015... 237 *Donald Trump bans Des Moines Register from Iowa campaign event* // Politico // Eliza Collins - July 24, 2015.......................................................................................................................................... 239 *Trump dominates GOP field in name ID* // Politico // Nick Gass - July 24, 2015..................... 240 *Donald Trump county chair not 'a 100 percent fan' of Donald Trump* // Politico // Cate Martel - July 24, 2015.......................................................................................................................................... 241 *Donald Trump: 'Maybe people will get tired of me'* // Politico // Nick Gass - July 24, 2015...... 242 *Insiders: Donald Trump has peaked* // Politico // Katie Glueck - July 24, 2015....................... 243 *Dennis Rodman endorses Donald Trump for president* // Politico // Adam B. Lerner - July 24, 2015 247 *The State That Facebooks About Donald Trump the Most* // Bloomberg // A.J. Feather - July 24, 2015 248 *GOP's nightmare: An Independent Donald Trump* // CNN // MJ Lee - July 24, 2015.............. 249 *Rep. Joaquín Castro blasts Laredo’s ‘bizarre’ welcome for Trump* // MSNBC // John O’Brien - July 24, 2015.......................................................................................................................................... 252 *How Donald Trump Could Fall Into the Ross Perot Trap* // Daily Beast // Eleanor Clift - July 24, 2015 252 *Stay Classy: Trump Used To Test His Dates For AIDS* // Daily Beast // Asawin Suebsaeng - July 24, 2015 255 *Trump barring Des Moines Register from campaign event* // Des Moines Register // Jason Noble - July 24, 2015................................................................................................................................... 256 *Priebus: Trump won't run as third-party candidate* // The Hill // Kevin Cirilli - July 24, 2015. 257 *KASICH................................................................................................. **258* *Stalking Jeb Bush in New Hampshire* // Politico // Eli Stokols - July 24, 2015....................... 258 *John Kasich Is the Real Deal: Pay Attention To Him* // Forbes // John Zogby - July 24, 2015.. 262 *OTHER.................................................................................................. **263* *Bush leads Rubio in Sunshine State battle* // CNN // Theodore Schleifer - July 24, 2015......... 263 *OTHER 2016 NEWS.................................................................................................................... **264* *Presidential Candidates Denounce Violence, but Avoid Talk of Policy* // NYT // Jonathan Martin - July 24, 2015................................................................................................................................... 264 *Tom Steyer: Candidates Who Want My Support Must Be Aggressive on Clean Energy* // WSJ // Colleen McCain Nelson - July 24, 2015............................................................................................. 267 *Red-state Democrats fret about leftward shift* // Politico // Kyle Cheney - July 24, 2015........ 268 *Ways of seeing* // Economist // July 24, 2015....................................................................... 270 *Why Bernie Sanders & Donald Trump represent a perfect storm for American politics* // Salon // Matthew Pulver - July 24, 2015.......................................................................................................... 272 *OPINIONS/EDITORIALS/BLOGS.............................................................................................. **274* *Hillary Clinton Classified* // WSJ // July 24, 2015................................................................. 274 *Hillary Clinton Rebuffs Liberals’ Push to Break Up Banks* // WSJ // Laura Meckler - July 24, 2015 276 *Here Are Hillary Clinton’s Proposed Capital-Gains Tax Rates* // WSJ // July 24, 2015............ 277 *In Clinton email inquiry, a changing story* // Politico // Dylan Byers - July 24, 2015............... 277 *Hillary Clinton’s latest e-mail mess* // NY Post // Editorial Board - July 24, 2015................... 279 *Uber Shows That 20th-Century Policies Aren't Right For A 21st-Century Economy* // Forbes // Andrew Clark - July 24, 2015...................................................................................................................... 280 *Hillary Unveils Her Wonky Plan to Jack Up Taxes on Rich Investors* // Slate // Jordan Weissman - July 24, 2015................................................................................................................................... 282 *Tom Steyer Just Gave Hillary Millions of Reasons to Get Specific on Climate* // Slate // Josh Voorhees - July 24, 2015............................................................................................................................. 283 *Review of Hillary Clinton's Capital Gains Tax Proposal* // Forbes // Bernie Kent - July 24, 2015 284 *Hillary's wrong about 'quarterly capitalism'* // NY Daily News // Mark Zandi - July 24, 2015.. 287 *TOP NEWS.................................................................................................................................. **288* *DOMESTIC................................................................................................ **288* *Louisiana theater gunman described as a ‘drifter’ with mental illness history* // WaPo // Ashley Cusick, Sarah Kaplan, J. Freedom du Lac - July 24, 2015........................................................................... 288 *Texas Supreme Court Orders Houston LGBT Ordinance To Be Repealed Or Put On Ballot* // BuzzFeed // Chris Geidner - July 24, 2015........................................................................................................ 292 *INTERNATIONAL..................................................................................... **293* *U.S. Preparing to Release Convicted Israeli Spy Jonathan Pollard, Officials Say* // WSJ // Devlin Barrett - July 24, 2015.............................................................................................................................. 293 *Top CIA Official Says Nuke Deal Makes It Hard for Iran to Cheat* // WSJ // Damian Paletta - July 24, 2015.......................................................................................................................................... 295 *TODAY’S KEY STORIES* *Hillary Clinton Eyes Corporations in Proposals for Economy <http://www.nytimes.com/2015/07/25/us/politics/hillary-clinton-offers-plans-for-changes-on-wall-street.html?ref=politics> // NYT // Maggie Haberman - July 24, 2015* Hillary Rodham Clinton made a case on Friday for weaning Wall Street from an addiction to profits, calling for a change to 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 an hour in New York, where a wage board this week suggested such an increase, but she also insisted that such a rise was not a one-size-fits-all approach for the whole country. 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. The approach — suggesting, among other things, increasing transparency involving stock buybacks and executive compensation — is her first effort to take on Wall Street, without the gate-rattling that some more liberal elements of the Democratic Party have called for. While the speech had a Wall Street overlay, it was more broadly about changes to corporate culture. Mrs. Clinton’s aides say she plans to give a speech specific to Wall Street in the coming weeks. Her plans won praise from a key centrist think tank but came under criticism from anti-tax groups and some liberal analysts, who were skeptical about how much change would result. Among the splashiest ideas was a call to overhaul capital gains taxes imposed on those in the highest income bracket, families making more than $465,000 a year, so that people would hold on to stocks for longer, reducing corporate obsession with quarterly profits. That would encourage companies to focus more on investing in long-term growth and their work forces. The new rate, along a sliding scale over six years of holding an equity, would increase from 20 percent to nearly 40 percent for investments that taxpayers maintain for one to two years, and would gradually decrease after that, back to 20 percent. The top rate would be the same as the highest tax rate for normal income. “The current definition of a long-term holding period, just one year, is woefully inadequate,” Mrs. Clinton said in the speech, without mentioning the specifics of the plan. “That may count as long-term for my baby granddaughter, but not for the American economy.” She added that businesses needed “to break free from the tyranny of today’s earnings report so they can do what they do best: innovate, invest and build tomorrow’s prosperity.” Mrs. Clinton’s proposal to change capital gains rates for the highest earners is a plan that many of her Wall Street supporters endorse. But at least some critics on the left raised questions about her overall approach. Len Berman of the Tax Policy Center described himself as “skeptical” about whether it would encourage companies to do more to treat workers as assets. “The purpose seems to be to encourage companies to make longer-term investments,” he said. “I don’t know that it’ll really accomplish that goal.” Others praised the plan. “It was a thoughtful approach to reform that would actually help people, help the middle class, instead of a symbolic thing that might make people feel better but wouldn’t have any impact on people’s lives,” said Matt Bennett, head of the center-left think tank Third Way. “I think this is a very good-faith effort to find every possible opportunity for government to improve the system, and sometimes that’s going to be marginal, sometimes that’s going to be substantial, but they’re doing their best.” Mrs. Clinton strongly criticized “quarterly capitalism” and the focus on generating profits for short-term earnings reports. “A survey of corporate executives found that more than half would hold off making a successful long-term investment if it meant missing a target in the next quarterly earnings report,” Mrs. Clinton said. “Large public companies now return eight or nine out of every 10 dollars they earn directly back to shareholders, either in the form of dividends or stock buybacks, which can temporarily boost share prices,” she said. “Last year, the total reached a record $900 billion. That doesn’t leave much money to build a new factory or a research lab, or to train workers, or to give them a raise.” She cited a report that said some Standard & Poor’s companies in the last decade had doubled “the share of cash flow they spent on dividends and stock buybacks” and “actually cut capital expenditures on things like new plants and equipment.” Dominic Barton, the global managing director of McKinsey & Company, who coined the term “quarterly capitalism,” praised Mrs. Clinton for focusing on “more long-term capitalism, more investment.” But he did not endorse any of her specific prescriptions, and suggested that caution was important in terms of how changes to buybacks and dividends would be addressed. *Hillary Clinton on e-mail controversy: ‘Maybe the heat is getting to everybody’ <http://www.washingtonpost.com/blogs/post-politics/wp/2015/07/24/hillary-clinton-on-e-mail-controversy-maybe-the-heat-is-getting-to-everybody/> // WaPo // Jose A. DelReal - July 24, 2015* Democratic presidential candidate Hillary Clinton on Friday criticized a news report that indicated the Department of Justice had opened a criminal investigation into whether she "mishandled" and distributed classified information via her private email address while serving as secretary of state. “I want to say a word about what's in the news today. And it's because there have been a lot of inaccuracies as Congressman Cummings made clear this morning,” Clinton said at the beginning of a speech on the economy in New York. “Maybe the heat is getting to everybody. We all have a responsibility to get this right.” The New York Times on Thursday published a story indicating that the Justice Department was investigating Clinton herself. On Friday, as more information became available, the Times issued a correction on the story noting that “the referral addressed the potential compromise of classified information in connection with that personal email account. It did not specifically request an investigation into Mrs. Clinton.” The former secretary of state’s campaign forcefully pushed back, criticizing the reporting in the Times story and insinuating that the “inaccurate leaks” were politically motivated. “It is now more clear than ever that the New York Times report claiming there is a criminal inquiry sought in Hillary Clinton's use of email is false. It has now been discredited both by the Justice Department and the Ranking Member of the House Oversight Committee,” said Clinton spokesman Nick Merrill in a statement. “This indecent shows the danger of relying on reckless, inaccurate leaks from partisan sources.” “I have released 55,000 pages of emails. I have said repeatedly that I will answer questions before the House committee. We are all accountable to the American people to get the facts right and I will do my part,” Clinton said Friday. “But I’m also going to stay focused on the issues, particularly the big issues that really matter to American families.” *New York Times issues correction on Clinton email story <http://www.cnn.com/2015/07/24/politics/new-york-times-clinton-email-correction/index.html> // CNN // Tom LoBianco - July 24, 2015* The New York Times on Friday afternoon issued a correction to a high-profile story that suggested Hillary Clinton was the focus of a federal criminal investigation surrounding her use of private email -- potentially including classified information -- while leading the State Department. The decision capped an earlier choice by the Times to walk back a tough lead on the story posted late Thursday -- which said a pair of inspectors general requested a criminal probe into Clinton's alleged sending of classified emails from her personal server. But the paper later backtracked, saying the probe was instead suggested for emails related to Clinton, though it didn't issue a correction until mid-Friday afternoon. The Times amended its story to read: "An earlier version of this article and an earlier headline, ​using information from senior government officials, misstated the nature of the referral to the Justice Department regarding Hillary Clinton's personal email account while she was secretary of state. The referral addressed the potential compromise of classified information in connection with that personal email account. It did not specifically request an investigation into Mrs. Clinton." The Times' correction capped a day of confusion and some back-and-forth as reporters scrambled to find out precisely what type of probe was requested and whether Clinton had emailed any classified information using her unsecured, personal email server. On Friday, CNN reported that the inspector general for the intelligence community had informed members of Congress that some material Clinton emailed from her private server contained classified information, but it was not identified that way. Because it was not identified, it is unclear whether Clinton realized she was potentially compromising classified information. The move on such a high-profile scoop was immediately panned by critics and the Clinton campaign. Clinton supporters sent around a tweet from former Nevada political writer Jon Ralston saying "This is just so, so dumb." Friday evening, Eileen M. Murphy, the paper's vice president for corporate communications, told CNN that the paper did not plan to comment beyond the correction. But one of the reporters, Michael Schmidt, defended the first version of the story on MSNBC's "Morning Joe" Friday morning. "We made a minor change to the story shortly after it went online that said the investigation was in connection with her email use," Schmidt said. "It didn't really deviate our story much from where we were before." Schmidt said the Clinton campaign on Thursday, shortly before the story was published, "came at us very strong, and very late, and very forcefully." Clinton campaign spokesman Nick Merrill issued a statement on Friday that "It is now more clear than ever that The New York Times report claiming there is a criminal inquiry sought in Hillary Clinton's use of email is false." He added, "This incident shows the danger of relying on reckless, inaccurate leaks from partisan sources." Clinton on Friday afternoon addressed the controversy before a speech at New York University that focused on the economy. "First, I want to say a word about what's in the news today. It's because there have been a lot of inaccuracies -- as Congressman (Elijah) Cummings made clear his morning. Maybe the heat is getting to everybody. We all have responsibility to get this right," Clinton said. "We are all accountable to the American people to get the facts right and I will do my part," Clinton added. *Clinton: The tyranny of quarterly earnings hurts innovation <http://www.wired.com/2015/07/clinton-wall-street-crackdown/> // Wired // Issie Lapowsky - July 24, 2015* HILLARY CLINTON WANTS Wall Street to prize long-term success over short-term gains. And so, during a campaign stop at New York University’s Stern School of Business today, the Democratic presidential candidate laid out a series of policy proposals that would encourage businesses to invest in the future. The first of these changes would be an increase on capital gains taxes on wealthy investors who hold stock for just one or two years. Clinton also vowed to review regulations related to shareholder activity, in an effort to reign in activist investors, who Clinton says place undue pressure on public companies to boost their stock prices. These “hit and run” investors encourage companies to keep employee wages low and only make investments that will yield an immediate return for the next earnings report, Clinton said. “It is clear the system is out of balance. The deck is stacked in too many ways, and powerful pressures and incentives are pushing it even further out of balance,” Clinton said, adding that these policies are “bad for business, bad for wages, and bad for our economy, and fixing it will be good for everyone.” Clinton’s criticisms will likely resonate with tech industry executives and venture capitalists within the tech industry who say businesses are facing mounting pressure from large investors seeking quick returns. Silicon Valley companies have faced pressure from activist investors like Carl Icahn, who has pushed Apple take short-term action to boost its stock price. Just this week, chip-maker Qualcomm responded to pressure from investor Jana Partners, announcing it would cut up to 4,500 jobs by the end of 2016. And Icahn was a key instigator of the recent split between eBay and Paypal. The Problem of “Short-termism” This “short-termism,” as Clinton calls it, is a mindset that tech leaders find tough to grapple with and often blame for their post-IPO struggles. Former Twitter CEO Dick Costolo recently pointed to this practice as one of his chief challenges at Twitter. Meanwhile, prominent venture capitalists like Marc Andreessen have denounced activist investors publicly, saying at a recent Fortune conference, “We’re in this kind of mode where public companies are being basically forced by pressure from activists and their investors to give back huge amounts of cash instead of investing it in their business.” This is the type of behavior Clinton hopes to dissuade by instituting policies that would help companies break free of the “tyranny of today’s earnings report.” That’s the thinking behind Clinton’s proposal of a capital gains tax increase on families earning $465,000 or more. The hike would tax any gains on stocks sold within the first two years as ordinary income tax. The tax rate would then decrease every year for six years until it returns to the current capital gains rate. “This means that when investors buy into a company, they’ll be more focused on its future growth strategy than its immediate profits,” Clinton said. While this type of urgency in investing is pervasive on the public market, Clinton did point to both Google and SpaceX as examples of companies that still manage to “invest in research that does little for today’s bottom line, but may yield transformational benefits down the line.” Throughout, the former Secretary of State pushed for a return to the kind of long-term strategic thinking that yielded breakthrough technologies like the transistor and the PC. “What if Xerox had decided its Palo Alto research park wasn’t doing enough to boost share prices in the short term?” Clinton asked. “A young Steve Jobs would never have visited, and the personal computer revolution might not have happened.” *HRC** NATIONAL COVERAGE* *Hillary Clinton Email Said to Contain Classified Information <http://www.nytimes.com/2015/07/25/us/politics/hillary-clinton-email-classified-information-inspector-general-intelligence-community.html?ref=politics> // NYT // Michael S. Schmidt and Matt Apuzzo - July 24, 2015* Government investigators have discovered four emails containing what they say is classified information on the personal email account that Hillary Rodham Clinton used as secretary of state, the investigators said in a letter to Congress released on Friday. Mrs. Clinton, meanwhile, said Friday that she would stay focused on the issues at the heart of her presidential campaign, and that she was concerned about “a lot of inaccuracies’’ in the reporting of her personal email account. “Maybe the heat is getting to everybody,’’ she said at a campaign event at New York University. “We are all accountable to the American people to get the facts right, and I will do my part,” Mrs. Clinton added. “But I’m also going to stay focused on the issues, particularly the big issues, that really matter to American families.” The government investigators discovered the four emails while reviewing a sampling of 40 emails from Ms. Clinton’s account. Of those, four contained information that should have been marked classified and should have been sent and stored on a secure computer system, I. Charles McCullough III, the inspector general of the intelligence community, the internal watchdog for the nation’s intelligence agencies, said in the letter to Congress. Hillary Rodham Clinton responded to new accusations involving the private email account she used when she was secretary of state. By Reuters on Publish Date July 24, 2015. Photo by Michael Appleton for The New York Times. Watch in Times Video » The emails were routed through a private email server that Mrs. Clinton set up in her home. Critics and security experts have questioned whether the practice made government secrets more vulnerable to security risks and hacking. A spokesman for Mrs. Clinton’s campaign released a brief statement on Twitter, saying, “Any released emails deemed classified by the administration have been done so after the fact, and not at the time they were transmitted.” The discovery of the four emails has prompted the inspector general to refer the matter to F.B.I. counterintelligence agents, who investigate crimes related to mishandling classified information. On Thursday night and again Friday morning, the Justice Department referred to the matter as a “criminal referral” but later on Friday dropped the word “criminal.” Regardless of the terminology, the referral raises the possibility of a Justice Department criminal investigation into Mrs. Clinton’s emails as she campaigns for president. Polls show she is the front-runner for the Democratic nomination by a wide margin. Justice Department officials said no decision had been made about whether to investigate. Since Mrs. Clinton’s use of a private email account for official State Department business was revealed in March, she has repeatedly said she had no classified information on the account. State Department officials, however, told the inspector general that the account potentially contained hundreds of classified emails. When Mr. McCullough’s investigators performed the spot check of 40 emails, he said, 10 percent contained classified information, he said. A second inspector general, this one for the State Department, is also investigating the department’s handling of Mrs. Clinton’s emails. The two inspectors general have sent Congress a series of memos, including one dated June 29 that said Mrs. Clinton’s private account contained “hundreds of potentially classified emails.” The memo was written to Patrick F. Kennedy, the under secretary of state for management. At issue are thousands of pages of State Department emails from Mrs. Clinton’s private account. Mrs. Clinton has said she used the account because it was more convenient, but it also shielded her correspondence from congressional and Freedom of Information Act requests. She faced sharp criticism after her use of the account became public, and subsequently said she would ask the State Department to release her emails. The department is now reviewing some 55,000 pages of emails. A first batch of 3,000 pages was made public on June 30. In the course of the email review, State Department officials determined that some information in the messages should be retroactively classified. In the 3,000 pages that were released, for example, portions of two dozen emails were redacted because they were upgraded to “classified status.” But none of those were marked as classified at the time Mrs. Clinton handled them. In a second memo to Mr. Kennedy, sent on July 17, the inspectors general said that at least one email made public by the State Department contained classified information. The inspectors general did not identify the email or reveal its substance. *Hillary Clinton to Back $15 Fast-Food Minimum Wage in New York <http://www.nytimes.com/politics/first-draft/2015/07/24/hillary-clinton-to-back-15-fast-food-minimum-wage-in-new-york/> // NYT // Maggie Haberman - July 24, 2015* Hillary Rodham Clinton on Friday will use a speech focused on growing the economy to endorse a $15-an-hour minimum wage proposal for fast-food workers recommended by a New York panel, a person briefed on her plans said. The remarks from Mrs. Clinton will come in the city where the fast-food workers’ labor effort first started several years ago. A panel created by Gov. Andrew M. Cuomo on Wednesday recommended the change; the increase will occur faster in New York City than other parts of the state because of the higher cost of living there. Some Democrats are pushing for the federal minimum wage to be raised to $15 an hour, including two other candidates for the party’s presidential nomination: Bernie Sanders, the Vermont senator, and Martin O’Malley, the former Maryland governor. Mrs. Clinton has argued that the national minimum wage of $7.25 an hour needs to be increased, but she has not gone so far as to endorse an increase to $15. Her embrace of the New York recommendation for fast-food workers will be her first endorsement of a $15-per-hour minimum in any context. In a town hall in New Hampshire, Mrs. Clinton suggested a nuanced view of the national minimum-wage debate, one that is more localized than a uniform change in federal policy. “I think part of the reason that the Congress and very strong Democratic supporters of increasing the minimum wage are trying to debate and determine what’s the national floor is because there are different economic environments,” Mrs. Clinton said. “And what you can do in L.A. or in New York may not work in other places.” *1993 Video Reveals a More Impassioned and Direct Hillary Clinton <http://www.nytimes.com/politics/first-draft/2015/07/24/1993-video-reveals-a-more-impassioned-and-direct-hillary-clinton/> // NYT // Amy Chozick - July 24, 2015* In 1993, with her father on his deathbed, Hillary Rodham Clinton was not yet a two-time presidential candidate. She was not a New York senator or the secretary of state. She was the president’s wife — a first lady who hosted the Easter egg roll and Christmas tree lighting at the White House, in addition to trying to overhaul the health care system. But a speech Mrs. Clinton gave at the request of Liz Carpenter, the legendary (and legendarily pushy) press secretary of Lady Bird Johnson in Austin, Tex., showed the intellectual and philosophical worldview of a first lady who, for better or worse, was unlike any the country had seen before. The doctors in Little Rock, Ark., had just taken her father, Hugh Rodham, 82, off life support after he had a stroke weeks earlier. Mrs. Clinton, then 44 years old, traveled to Austin and delivered an unscripted, stream-of-consciousness address about the meaning of life, death and the need to remake civil society. She does not mention her father by name, but she does quote, at length, Lee Atwater, the Republican strategist who died of cancer at age 40 in 1990. It is one of Mrs. Clinton’s most revealing and existential addresses. An aide, Lisa Caputo, called the speech “cathartic.” Twenty-two years later, as I cover Hillary Clinton’s second presidential bid, I see her approach each speech with the caution of a seasoned political candidate under the constant microscope of intense media coverage. I asked the University of Texas at Austin to find this never-before-seen video of her 1993 speech from its archives, and when the old VHS footage arrived, I was struck at how uncensored and direct she was then. *Ranking Hillary Clinton’s e-mail problems <http://www.washingtonpost.com/blogs/the-fix/wp/2015/07/24/ranking-hillary-clintons-e-mail-problems/?postshare=9981437759475948> // WaPo // Amber Phillips - July 24, 2015* There's a full-blown battle in Washington as to whether the personal e-mail account Hillary Clinton used while she was Secretary of State contained classified material -- and whether the government is asking for a criminal probe into that information being mishandled. Here's the bullet-point details (we'll get into more later on): Inspectors general for the State Department and intelligence agencies like the CIA and FBI sent a letter to Congress on Thursday analyzing whether Clinton sent or received classified information on her private e-mail account. It's not clear whether she did. The Wall Street Journal says the inspectors general found four cases among 40 e-mails where she sent clearly classified information, despite denying ever having done so. Congressional Democrats are coming to her rescue, saying the information was classified retroactively after she stepped down as secretary of state. The New York Times reported the letter also referred to a criminal investigation into the classified information being mishandled. At least one Justice Department official is denying there was ever a referral for such an investigation. Clinton released a statement Friday afternoon. "Maybe the heat is getting to every body," she said, adding she has released 55,000 pages of e-mails and offered to answer questions about them. Clinton herself is not implicated in any wrongdoing in any of this, according to the Associated Press. But headlines with the words "Clinton" "e-mails" and "investigation" are the last thing she needs right now. There's actually a lot going on with regard to her e-mails. Here's a ranking of the probes, possible investigations and reviews of the Clinton e-mails that her campaign is keeping an eye on, ranked in order of from "Keeping them up at night" to "Mildly annoying." Keeping them up at night A possible Department of Justice investigation The New York Times reported Friday that inspectors general for the State Department and intelligence agencies like CIA and FBI have asked the Justice Department to open a criminal probe into whether sensitive information in connection to Clinton's private e-mail account was mishandled. A Justice Department official is denying officials asked for a criminal probe. Rep. Elijah Cummings (Md.),the ranking Democrat on the congressional committee investigating the 2012 Benghazi terrorist attacks while Clinton was secretary of state, says the inspectors general were merely pointing out that some information in her released e-mails was retroactively considered classified and should be adjusted accordingly. Meanwhile, the Wall Street Journal obtained a copy of the letter the inspector general of intelligence agencies sent to Congress on Thursday. According to the Wall Street Journal, the inspector general concluded Clinton did send e-mails on her private account that were considered classified at the time -- at least four in the batch of 40 e-mails the investigators reviewed. (That's 10 percent for you math majors out there.) All along, Clinton has maintained she did nothing wrong -- she's not the only agency head to use a personal e-mail address solely although she is the first Secretary of State to do it -- and she says she never talked about classified information on her personal account. And, of course, the news of an inspector general request for a criminal investigation could be wrong. Here's her full statement Friday: It's clear her team is incredibly frustrated that this is even news -- especially if the New York Times report of a potential investigation turns out to be false. To them, the damage has already been done. Giving them indigestion The State Department review -- and steady release -- of 55,000 pages of her e-mails First, a reminder of how Clinton's use of a private e-mail account and server came to light, summarized by our friends at the Post's Fact Checker, who put together a helpful timeline: In 2013, a hacker revealed Clinton had used a private e-mail account to conduct at least some official secretary of state business. In 2014, a congressional investigation into Benghazi asked the State Department to hand over official documents, including Clinton's e-mails, relating to the deadly 2012 attack on U.S. diplomatic compounds in Libya. The State Department realized there were no records of e-mails sent or received on an official State Department e-mail account for Clinton. In December, Clinton gave the State Department 55,000 pages of printed e-mails, and in March tweeted: "I want the public to see my e-mail. I have asked State to release them. They said they will review them for release as soon as possible.” In a March press conference, she told reporters she turned over 30,490 work-related e-mails to the State Department and deleted 31,830 e-mails she deemed to be personal. The State Department is currently reviewing those 30,000+ e-mails and, in accordance with a federal judge's ruling, will release batches of them in monthly increments. The first batch were released in July. They were kind of boring. But what's giving the Clinton camp heartburn is the judge's ruling that the e-mails have to be released monthly. Clinton would rather have all 30,000+ released at at once, like ripping off a Band-aid. Now, her team must deal with a steady drip drip of monthly headlines, likely right up until the Feb. 1 Iowa caucus -- reminding voters she used a private e-mail account while secretary of state. Mildly annoying The (8th) Benghazi investigation in Congress Yes, you read that right. House Republicans recently set up their eighth special committee to investigate what went wrong -- and whether Clinton did anything wrong -- in the Sept. 11, 2012, attack that killed four Americans, including U.S. Ambassador Chris Stevens. A June 2014 Gallup Poll found most voters aren't paying attention to this latest investigation (previous investigations found Obama officials, including Clinton, did nothing wrong.) But Clinton's team can't brush this off as a political sideshow just yet. She has agreed to testify at least once to the committee (date still pending) and a June Washington Post/ABC News poll found 51 percent of Democrats say Benghazi is a legitimate issue for Clinton in 2016. And the longer news of her e-mails stay in the headlines, it's a safe bet the more scrutiny Republicans and America will give to Clinton. *Hillary Clinton is playing (home state) favorites on the minimum wage <http://www.washingtonpost.com/blogs/wonkblog/wp/2015/07/24/hillary-clinton-is-playing-home-state-favorites-on-the-minimum-wage/> // WaPo // Jim Tankersley and Lydia DePillis - July 24, 2015* Hillary Clinton said a few words about the minimum wage in a wonky economic speech on Friday, and she ended up endorsing a potentially huge disparity in worker pay across state lines. It just so happens that her new position favors fast-food employees in New York, where she resides, over comparable employees anywhere else in the country - and it could increase the pressure from liberal activists for her to endorse a $15-an-hour minimum wage nationwide. Here's the rub Clinton walked into: Workers at the Taco Bell in Binghamton, N.Y., are in line for a big raise in the next few years. The crew at the McDonald's in Hallstead, Penn., just 14 miles away, are not. That's because New York appears set to mandate a $15-an-hour minimum wage for fast food workers by 2021. In Pennsylvania, for now at least, similar workers can be paid as little as $7.25 an hour, the federal minimum wage. If those figures hold, a full-time chalupa-maker in Binghampton would earn more than $31,000 a year -- in a county where the per-capita income is currently less than $25,000 a year. The burger flipper in Pennsylvania would earn about $15,000 a year, in a county with per-capita income just above $24,000 a year. That's a potentially massive difference in earning power. Clinton wants to raise the federal minimum wage, but she hasn't specified by how much. At an SEIU-sponsored convention of fast food workers in early June, Clinton called in with a message of strong support, saying that more cities need to follow the lead of Los Angeles -- which had only weeks before voted to raise its minimum wage to $15. Some of the workers present took that as an indication that she supported a nationwide $15 wage, too. But in the following days, her campaign walked back those remarks, saying that specific plans would be forthcoming. And last week, she declined to support a $15 wage nationwide. On Friday, though, she told an audience at NYU that “I agree with New York’s proposal this week to raise fast food workers’ wages to $15 an hour." She described the federal minimum wage as a floor and said cities such as Los Angeles - which recently voted to adopt a $15-an-hour minimum - should be free to set higher ones. In backing New York's move, she cited the high cost of living in Manhattan. New York's fast-food wage hike, however, won't just apply to expensive cities. It will apply statewide. So the question for Clinton now is whether low-income workers in low-cost parts of New York should get a larger raise than similar workers in other states -- and why? Put another way, if Clinton is willing to endorse a uniform $15 minimum wage across a diverse state like New York -- where average annual incomes range from $24,835 in Broome County to $62,498 in Manhattan -- why isn't she willing to support it across the country? Campaign officials did not immediately respond to a request for comment on Friday afternoon. Representatives from the SEIU-backed Fight for $15 declined to comment. *New York Times says there was ‘no factual error’ in Hillary Clinton e-mail referral story <https://www.washingtonpost.com/blogs/erik-wemple/wp/2015/07/24/new-york-times-says-there-was-no-factual-error-in-hillary-clinton-e-mail-referral-story/> // WaPo // Erik Wemple - July 24, 2015* Current New York Times lead: “Two inspectors general have asked the Justice Department to open a criminal investigation into whether sensitive government information was mishandled in connection with the personal email account Hillary Rodham Clinton used as secretary of state, senior government officials said Thursday.” Bold text added to highlight passive voice. The original lead for the story was much the same, but with a key difference. The requests for a criminal investigation “into whether Hillary Rodham Clinton mishandled sensitive government information on a private email account she used as secretary of state,” as reported by Politico’s Dylan Byers. Bold text added to highlight active voice. One of the story’s reporters, Michael Schmidt, told Politico, “It was a response to complaints we received from the Clinton camp that we thought were reasonable, and we made them.” In an e-mail to the Erik Wemple Blog, New York Times spokeswoman Eileen Murphy notes, “As often happens, editors continued to revise this story after initial publication to make it as clear and precise as possible. There was no factual error, so there was no reason for a correction.” NBC News also appears to have experimented a bit with its wording. Here’s a tweet from early in the morning: And here’s the headline currently on the NBC News site: Criminal Probe Sought Over Hillary Clinton’s Email Account Brian Fallon, press secretary for the Clinton campaign, has been vocal on Twitter today about the sourcing attached to the early accounts: An Associated Press story this morning, meanwhile, confirms the requests from the Justice Department but notes, “One U.S. official said it was unclear whether classified information was mishandled and the referral doesn’t suggest wrongdoing by Clinton herself.” These developments are just the latest step in Clinton’s e-mail crisis, which started in March with revelations in the New York Times that she’d used a private e-mail server throughout her time as secretary of state. She said she didn’t send classified information on those e-mails and the campaign has insisted that she complied with “appropriate practices.” Campaign spokesman Nick Merrill told the AP that e-mails “deemed classified by the administration were done so after the fact, not when they were sent.” UPDATE: We asked Fallon whether he took issue with the New York Times’s explanation that there was no factual error to correct. He responded, “Their lede last night has so far been directly contradicted by the Associated Press and via an on-the-record statement from the Ranking Member of the House Oversight Committee.” That statement comes from Rep. Elijah Cummings (D-Md.), who has issued a statement saying that the State Department’s inspector general “never asked the Justice Department to launch a criminal investigation of Secretary Clinton’s email usage,” reads the statement. “Instead, he told me the Intelligence Community IG notified the Justice Department and Congress that they identified classified information in a few emails that were part of the FOIA review, and that none of those emails had been previously marked as classified.” “This is the latest example in a series of inaccurate leaks to generate false front-page headlines — only to be corrected later,” said Cummings. *Justice: Probe sought in Clinton e-mails, but no ‘criminal’ focus <http://www.washingtonpost.com/news/morning-mix/wp/2015/07/24/report-officials-seek-criminal-probe-of-hillary-clinton-email-account/> // WaPo // Fred Barbash - July 24, 2015* The Justice Department said Friday that it has been asked to probe the “potential compromise of classified information” in connection with the private e-mail account Hillary Rodham Clinton used while serving as secretary of state. The statement did not say who sought the investigation but noted that it was “not a criminal referral.” Separately, Justice officials said no decision has been made on whether to move forward with the examination of the e-mails — which are already being reviewed by teams led by the State Department. The comments sought to clarify the status of the request following a series of accounts. The New York Times first reported Thursday that the inspectors general of the State Department and the intelligence agencies had asked for a criminal investigation related to Clinton’s e-mail account. Justice officials later confirmed to The Washington Post that a criminal probe was under consideration. Then the Justice Department statement answered one question, but left another open. It said a “referral” was made, although it did not say who originated it. “It is not a criminal referral,” the statement said. Clinton’s use of a private e-mail account was revealed in March. She set up an exclusive and private e-mail server for all of her departmental communications, but she has said she did not use it for classified information. The State Department is currently reviewing some 55,000 pages of e-mails. About 3,000 have been made public so far, many of them with redactions that might indicate the presence of sensitive, if not classified, information. Hillary Clinton’s presidential campaign did not offer any comment Thursday night on the Times report. *This is Hillary Clinton’s Elizabeth Warren moment <http://www.washingtonpost.com/blogs/wonkblog/wp/2015/07/24/this-is-hillary-clintons-elizabeth-warren-moment/> // WaPo // Max Ehrenfreud - July 24, 2015* Hillary Rodham Clinton will voice a far-reaching critique of the financial sector in a speech Friday, a major victory for Wall Street's critics. The stock market, she will say, has become short-sighted, focused on measures of quarterly performance rather than the future viability of American corporations, according to aides. She'll describe worrisome consequences for investors, employees and the economy as a whole. "Everything’s focused on the next earnings report or the short-term share price. The result is too little attention on the sources of long-term growth: research and development, physical capital, and talent," the former secretary of state said last week, previewing the theme of Friday's speech. "It's easy to try to cut costs by holding down or decreasing pay and other investments to inflate quarterly stock prices, but I would argue that’s bad for business in the long run." For decades, some economists and experts on the stock market have been saying that corporations place too much emphasis on generating cash in the short term for shareholders. These critics have warned that firms are passing up opportunities to train their employees, conduct research, or build new factories -- investments that would benefit shareholders and workers alike, but only over the long term. It's easy to miss how radical this argument is, since many wealthy investors are making it, too. Yet this reasoning implies that some of Wall Street's basic assumptions are mistaken. The financial sector operates on the principle that stock prices accurately reflect how much a company is worth, and that if share prices increase, then chief executive officers are doing their job well. In an ideally functioning stock market, investors would buy up shares in the companies that were making wise investments for the long term, increasing share prices and rewarding more farseeing corporate leaders. They wouldn't have any reason to focus on the short term. Yet critics say that in practice, investors are far from infallible, and they often can't distinguish between temporary factors and a stock's enduring, fundamental value. "There is a growing consensus that at least for some firms, this is a problem," said Joan Farre-Mensa, an economist at Harvard Business School and part of a group that has studied decisions about investment in public firms. He and his colleagues found that privately held firms invested at more than twice the rate of publicly traded companies, suggesting that pressure from Wall Street restrains investment. The critique is a familiar one. Politicians such as Sen. Elizabeth Warren (D-Mass.) have aired these concerns before. Yet now Clinton is making what she calls "quarterly capitalism" part of the presidential campaign, nailing down the issue as a central plank in her economic platform. Jared Bernstein, a former chief economist to Vice President Biden, argues that short-termism isn't just a problem for the financial industry. He and others believe that greater corporate investment could improve the economy as a whole and reduce inequalities of income. Companies that spend money on training their workers improve those workers' wages over the long term. If they buy new equipment, they create opportunities for their suppliers and, in turn, their suppliers' employees. Dividends and share repurchases, by contrast, mainly benefit the wealthy investors who own stock. "We're arguing about the game being rigged on behalf of the wealthy," said Bernstein, who wrote about Clinton's proposals on his blog. Among them is a plan to alter the taxation of capital gains in ways that she hopes will encourage investors and corporate managers to take a longer view. Currently, gains on investments held for less than a year are taxed as ordinary income, and at a lower rate if they're held for a longer period. Clinton is expected to propose raising the rate on taxes held for an intermediate period, from one year to a few years. It's an idea that dates at least to an Aspen Institute committee, which issued a statement on the subject in 2009. "The short-termers can come in and take a position that harms the company in the long term but produces short term benefits," said Lynn Stout, a law professor at Cornell University and a member of that committee. "If the market were perfectly efficient these short term tricks wouldn’t work, but nobody thinks the market is perfectly efficient any more." Yet she said that changing the capital gains tax would have a limited effect on many of the most influential investors on Wall Street -- the big players that critics blame for the financial sector's focus on the short term. Consider a hedge fund that takes a large position in a firm and then lobbies its leaders to sell assets and buy back shares, raising the price of the stock. The fund is likely managing the money for major investors such as university endowments and pension funds that are exempt from taxation. "For most of the big companies, the big shareholders are institutions, who as far as I know are unaffected by this proposal," said Steven Balsam, an accounting professor at Temple University. The same could be true of mutual funds if their customers are largely small-time investors saving for retirement in a 401(k) account. Short-termism is a problem, Balsam said, but he added, "We're not in a perfect world, and I don’t know that any of the proposed cures won't make the problem worse." Harvard's Farre-Mensa worried that by increasing taxes on capital gains in the medium term, Clinton's proposal would discourage investment overall as well as investment for the short-term. "You might be ending up with a bunch of unintended consequences," he said. There is some debate among economists about the relationship between capital gains taxation and investment. Bernstein does not believe that capital gains taxation has much effect on what people do with their money, and he doesn't think Clinton's proposal would drive people out of the stock market. Yet for the same reason, he said the plan might not discourage short-term bets, either. "Certainly she's creating incentives that nudge things in the right direction, but I don't think I'd expect a big change in the investment outlook," Bernstein said. "More needs to be done." *Hillary Clinton Sent Classified Information Over Email While at State Department, Review Finds <http://www.wsj.com/articles/investigation-sought-into-hillary-clintons-emails-1437714369> // WSJ // Bryon Tau - July 24, 2015* An internal government review found that former Secretary of State Hillary Clinton sent at least four emails from her personal account containing classified information during her time heading the State Department. In a letter to members of Congress on Thursday, the inspector general of the intelligence community concluded that Mrs. Clinton’s email contains material from the intelligence community that should have been considered “secret”—the second-highest level of classification—at the time it was sent. A copy of the letter to Congress was provided to The Wall Street Journal by a spokeswoman for the inspector general. As a result of the findings, the inspector general referred the matter to the Federal Bureau of Investigation’s counterintelligence division. An official with the Department of Justice said Friday that it had received a referral to open an investigation into the potential mishandling of classified information. Initially, a Justice Department official said Friday morning the investigation was criminal in nature, but the department reversed course hours later without explanation. “The department has received a referral related to the potential compromise of classified information. It is not a criminal referral,” an official said. The four emails in question “were classified when they were sent and are classified now,” said Andrea Williams, a spokeswoman for the inspector general. The inspector general reviewed just a small sample totaling about 40 emails in Mrs. Clinton’s inbox—meaning that many more in the trove of more than 30,000 may contain potentially confidential, secret or top-secret information. The inspector general’s office concluded that Mrs. Clinton should have used a secure network to transmit the emails in question—rather than her personal email account run off a home server. “None of the emails we reviewed had classification or dissemination markings, but some included IC-derived classified information and should have been handled as classified, appropriately marked, and transmitted via a secure network,” wrote Inspector General I. Charles McCullough in the letter to Congress. The emails in question left government custody and are on both Mrs. Clinton’s personal home email sever as well as a thumb drive of David Kendall, Mrs. Clinton’s personal attorney. Mrs. Clinton, the front-runner for the Democratic presidential nomination, said on Friday in New York that there were “inaccuracies” in reports about her email usage, but didn’t offer specifics. She noted that she has voluntarily released 55,000 pages of email and offered to testify before a congressional committee. “Maybe the heat is getting to everybody,” Mrs. Clinton said, adding: “We are all accountable to the American people to get the facts right, and I will do my part. But I’m also going to stay focused on the issues, particularly the big issues that really matter to American families.” The State Department said on Friday that it didn’t believe any of the emails Mrs. Clinton sent during her time in office contained any classified material. “To our knowledge, none of them needed to be classified at the time,” said Mark Toner, a department spokesman. Mr. Toner acknowledged that the department had determined that many of her emails now contained classified information but believed it was unclassified at the time. The State Department has downplayed concerns about the classified material found in Mrs. Clinton’s 55,000 pages of email—saying that email is often classified after it has been sent. “It’s not uncommon that something that you’re sending now on an unclassified network could in later years or later months be deemed to be classified either because the passage of time made it so or because events on the ground have borne out,” a State Department spokesman said earlier this month. Those 55,000 pages are being reviewed for public release. In one instance, classified information has already been released to the public, the inspector general found. *Hillary Clinton Proposes Sharp Rise in Some Capital-Gains Tax Rates <http://www.wsj.com/articles/clinton-to-propose-rise-in-capital-gains-taxes-on-short-term-investments-1437747732> // WSJ // Laura Meckler - July 24, 2015* Hillary Clinton on Friday proposed a sharp increase in the capital-gains tax rate for the highest earners on investments held only a few years, part of a broader effort to shift corporate America’s focus from short-term gain to long-term investment. “American business needs to break free from the tyranny of today’s earning report so they can do what they do best: innovate, invest and build tomorrow’s prosperity,” the Democratic presidential front-runner said in a speech in New York. “It’s time to start measuring value in terms of years—or the next decade—not just next quarter.” Under the Clinton plan, investments held between one and two years would be taxed at the normal income-tax rate of 39.6%, nearly double the existing 20% capital-gains rate. Neither figure counts an extra 3.8% tax on net investment income included as part of the health-care law, a campaign official said. The campaign’s proposal would affect only the top 0.5% of taxpayers. In 2015, the top bracket takes effect above $464,850 of taxable income for married couples filing jointly and $411,500 for single filers. The rate for top-bracket taxpayers would be set on a sliding scale, with the lowest rate applied to investments held the longest. To qualify for the current 20% rate, one would have to hold an investment for at least six years. Mrs. Clinton, a former secretary of state and U.S. senator from New York, laid out in her speech what she sees as unhealthy corporate efforts to boost stock prices. She argued that a focus on short-term results undercuts longer-term economic growth and hurts American workers. “Most CEOs are simply responding to very real pressures from shareholders and the market to turn in good quarterly numbers,” she said. “It is clear that the system is out of balance.” She called for greater disclosure of stock buybacks by companies, saying that while they may give a quick lift to stock prices, they often come at the expense of research-and-development spending. She also called for a review of securities rules related to shareholder activism and rules governing tax treatment of executive compensation. Some shareholder activists press for positive changes in management or for social responsibility, she said, but others are “hit-and-run” bullies who only want a quick payout. To boost workers and their pay, she said she would fight for worker rights and encourage companies to invest in training, such as with an apprenticeship tax credit she already put forward. Mrs. Clinton also endorsed a proposed $15-an-hour minimum wage for fast-food workers in New York, saying the cost of living in a place like Manhattan is higher than elsewhere. She added that politicians in Washington shouldn’t make the problems worse with budget showdowns and government shutdowns, and said what companies want most from the government is predictability. The capital-gains tax changes are the centerpiece of her proposal. Campaign advisers say their goal is chiefly to change investor behavior, not to address income inequality or to raise money for the federal Treasury. One adviser said the campaign has no estimate as to how much money the changes would generate for federal coffers. Under existing law, investments held for less than a year are already taxed at normal income-tax rates, and that wouldn’t change under the Clinton plan. But her plan would affect taxes for the top-tier taxpayers who hold investments for anywhere between two and six years. For instance, investments held for two to three years would be taxed at 36%; those held three to four years would face a tax of 32%. The sliding scale ends at six years. Some economists and many Republicans argue there is little the government can do to change corporate behavior. Republican presidential contenders by and large want to go in the opposite direction by eliminating taxes on investment income or at least reducing them. *Hillary Clinton to Propose Doubling Capital Gains Tax Rate on Short-Term Investments <http://www.wsj.com/articles/clinton-to-propose-rise-in-capital-gains-taxes-on-short-term-investments-1437747732?tesla=y> // WSJ // Laura Meckler - July 24, 2015* Hillary Clinton will propose a sharp increase in the capital-gains tax rate for the highest earners for investments held only a few years, a campaign official said Friday. Under the Clinton plan, investments held between one and two years would be taxed at the normal income-tax rate of 39.6%, nearly double the existing 20% capital gains rate. Neither figure counts an extra 3.8% tax on net investment income included as part of the health-care law, a campaign official said. The campaign’s proposal would affect only the top 0.5% of taxpayers, hitting top-bracket single filers with taxable income above $413,201 and married couples filing jointly with taxable income above $484,850. The rate for top-bracket taxpayers would be set on a sliding scale, with the lowest rate applied to investments held the longest. To qualify for the existing 20% rate, one would have to hold an investment for at least six years. Mrs. Clinton will lay out the plan in a speech Friday in New York City, where she plans to spotlight what she sees as unhealthy corporate efforts to boost stock prices. She will argue that a focus on short-term results is undercutting longer-term economic growth and hurting American workers. Mrs. Clinton will also endorse a $15 per hour minimum wage proposal for fast-food workers in New York, a campaign official said. Asked about this on Thursday, she hedged as to whether the minimum wage should be that high nationally but said certain cities can justify higher minimums. “I do recognize that the cost of living in Little Rock is different than the cost of living in Manhattan,” she told reporters. Asked if $15 per hour is justified in New York, she said, “That’s up to local leaders in New York. They certainly believe it is.” The campaign said she would also call for greater disclosure of stock buybacks by companies, saying that while they may give a quick lift to stock prices, they often come at the expense of research and development spending. She will also call for a review of securities rules related to shareholder activism and rules governing tax treatment of executive compensation. The capital-gains tax changes are the centerpiece of her proposal. Campaign officials have said that their goal is not to address income inequality or to raise money for the federal treasury, but to change investor behavior. Under existing law, investments held for less than a year are already taxed at normal income-tax rates, and that wouldn't change under the Clinton plan. But her plan would affect taxes for the top-tier taxpayers who hold investments for anywhere between two and six years. For instance, investments held for two to three years would be taxed at 36%; those held three to four years would face a tax of 32%. The sliding scale ends at six years. Her campaign labeled the short-term focus “the tyranny of today’s earnings report” in its preview of the speech. The change in the capital-gains tax rates are meant to focus investors and corporations for the long term. “Clinton will acknowledge that these changes to the tax code alone will not shift investors’ focus from short-term to long-term overnight,” the campaign said in previewing the speech. “But she believes this reform is a strong first step toward removing some of the incentives pushing us toward short-termism, and aligning investment toward long-term value.” Some economists and many Republicans argue there is little the government can do to change corporate behavior. Republican presidential contenders by and large want to go in the opposite direction by eliminating taxes on investment income or at least reducing them. Campaigning in Greenville, S.C., on Thursday, Mrs. Clinton was asked how she thought her ideas on corporate America will be received. She declined to speculate but said: “I’m proposing policies that will make our economy stronger, that will promote both strong growth and fair growth but will do so with a longer-term perspective. That’s what I think is best for the country. I think it’s also best for business whether they agree with it or not.” Her speech Friday is meant to explain how short-term outlooks helped produce near-record high profits but stagnant wages. The campaign cited studies showing that companies that increase spending on stock buybacks, sometimes in an effort to boost the share price, also cut spending on things such as new plants and equipment. Mrs. Clinton plans to extol both the virtues and risks of shareholder activism, but it was unclear if her speech would ask for anything beyond a review of securities rules. The campaign said shareholder activists can often push a company to improve its operations, but can also pressure management to embrace measures that boost short-term stock performance at the expense of long-term growth. On stock buybacks, the campaign noted that some countries require daily disclosures, whereas the U.S. mandates it only on a quarterly basis. She will call for greater disclosure in the U.S. *Clinton says nation's companies need to think long-term <http://bigstory.ap.org/article/969e1e698f2d4e51bb8bc54e8a854a2e/clinton-says-nations-companies-need-think-long-term> // AP // Ken Thomas - July 24, 2015* Hillary Rodham Clinton said Friday that businesses need to "break free from the tyranny" of focusing too closely on quarterly earnings reports and take a longer view of the economy to boost wages. The Democratic presidential frontrunner said she would seek to change the tax structure by raising capital gains taxes while also reviewing executive compensation rules and addressing shareholder activism that often encourages companies to focus on short-term profits. "It is clear that the system is out of balance," Clinton said at New York University's Stern School of Business. "The deck is stacked in too many ways and powerful pressures and incentives are pushing it even further out of balance," Clinton's speech on economic growth and fairness offered some of her most detailed prescriptions for the economy as a presidential candidate. But much of it was overshadowed by fresh reports that federal investigators had asked the Justice Department to look into whether classified or sensitive government information had been transmitted from Clinton's personal email server while she served as secretary of state. Clinton said at the outset that there had been "a lot of inaccuracies" in the reports and reiterated that she had released 55,000 pages of emails and would answer questions from congressional investigators. On the economy, she said part of her agenda is meant to help young workers who have struggled in the aftermath of the 2008 financial crisis. Corporate America would need to take the lead in focusing on long-term growth, she said, but she aimed to help with that realignment. "American business needs to break free from the tyranny of today's earnings report so they can do what they do best: innovate, invest and build tomorrow's prosperity," she said. The centerpiece would be her plan to raise capital gains taxes for wealthy investors — couples earning more than $465,000 a year — through the creation of a six-year sliding scale. Under her plan, the capital gains rate for the top income bracket would be 39.6 percent if the shares were sold within a year, matching the top rate for ordinary income levels. After two years, the rates would decline, reaching 20 percent after six years. Republicans and conservative-aligned groups panned the approach, saying it would create new complications for business and wouldn't help the economy. Americans for Tax Reform, a group founded by conservative activist Grover Norquist, said in a statement the plan would "only serve to distort capital markets" as investors buy and sell based on taxation considerations instead of "rational market signals." Clinton would also offer tax incentives for small businesses, offering zero capital gains taxes on certain small business stock held for more than five years. And she would offer to eliminate capital gains taxes for certain long-term investments in hard-hit areas like inner cities, the Rust Belt, coal country and Indian country. On executive compensation, Clinton said the tax code created incentives for CEOs and others to sacrifice long-term value in exchange for short-term boosts to the company's stock price. She urged a reexamination of that approach. "There is something wrong when senior executives get rich while companies stutter and employees struggle," she said. Clinton said she would seek a review of shareholder activism, arguing that some "hit and run" activists can have an unhealthy influence on corporate decision-making. And she outlined plans to seek a review of stock buybacks, which she said are often used by companies to boost share prices at the expense of long-term investment like research and development. *In new White House bid, Clinton embraces race as a top issue <http://bigstory.ap.org/urn:publicid:ap.org:d467bb73dddc41178cfd62ae09603ceb> // AP // Bill Barrow - July 24, 2015* In her second bid for the presidency, Hillary Rodham Clinton is discussing "systemic racism" and making the issue a hallmark of her campaign as she looks to connect with the black voters who supported rival Barack Obama in 2008. At multiple stops in South Carolina, Clinton on Thu