Clinton fundraising in finance sector as she targets high-speed trading, short-term profits

Economic Indicators Associated Press

Hillary Rodham Clinton's economic agenda calls for higher taxes on companies that focus on short-term profits and high-speed trading instead of investing in workers.

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But the Democratic presidential candidate's finance operation is going after their executives for another purpose — campaign money.

Clinton attended a fundraiser Tuesday night at the Chicago home of a longtime donor, Raj Fernando, whose firm specializes in high-frequency transactions.

Her summertime fundraising circuit highlights a central tension of her campaign: How to encourage financial executives to open their wallets, even as she announces plans aimed at reining in their multimillion-dollar paychecks.

She favors tax increases on hedge fund and private equity bonuses, higher taxes on short-term investors and stronger penalties on executives involved in fraudulent deals on Wall Street.