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Hillary Clinton to call for shift in corporate priorities to help workers during NYU speech

Democratic Presidential candidate and former U.S. Secretary of

Democratic Presidential candidate and former U.S. Secretary of the State Hillary Clinton holds a forum at Greenville Technical College on July 23, 2015 in Greenville, South Carolina. Photo Credit: Getty / Sean Rayford

Hillary Rodham Clinton is expected Friday afternoon to unveil proposals aimed at getting U.S. corporations to put less emphasis on short-term profits in favor of investments in workers' skills, equipment and long-term projects.

In a speech at New York University, the leading Democratic presidential candidate "will address how companies should abandon 'quarterly capitalism' in favor of long-term investing and prioritizing growth that brings about broad prosperity," her campaign said Thursday night.

However, Clinton will likely again face questions about her email use while U.S. secretary of state during President Barack Obama's first term.

Two inspectors general have requested that the U.S. Justice Department launch a criminal probe into whether sensitive information was mishandled in connection with her private email account, The New York Times reported, citing memos it obtained from an unnamed source.

Clinton has maintained that her email contained no classified information. Her spokesman declined to comment to the Times.

The latest developments in the email controversy came as Clinton sought to focus attention on what her campaign says is her blueprint for "shifting corporate culture" that has resulted in wage stagnation and increased anxiety in the middle class.

A Clinton aide, who requested anonymity, said the candidate's proposals will include disincentives for investors who buy stocks and then quickly dump them and for corporate raiders who force companies into actions that hurt employees.

The speech at NYU's Stern School of Business is among several the former first lady and former New York senator plans to detail her economic platform. They follow her first major speech on the economy, delivered July 13 nearby at The New School.

Clinton, in that earlier address, called for "reforms to help CEOs and shareholders alike focus on the next decade, not just the next day."

She said stagnant wages are the "defining economic challenge of our time." She called for raising the federal minimum wage, making it easier for women to enter the workforce and cracking down on Wall Street malfeasance.

"I believe we have to build a growth and fairness economy," she said.

Clinton will spend the weekend and Monday campaigning in Iowa, home of the first presidential caucuses in January. She will meet supporters and address groups of civil servants and teachers, according to campaign officials.


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