• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipHilary Clinton

Clinton Defends Expensive Paid Speeches to Wall Street Firms

By
Sam Frizell
Sam Frizell
and
TIME
Down Arrow Button Icon
February 4, 2016, 5:15 AM ET

Hillary Clinton showed both vulnerability and defiance in a wide-ranging town hall meeting on Wednesday night, openly discussing her personal search for humility and firmly saying her expensive paid speeches to Wall Street firms were not a mistake.

“This is hard for me,” Clinton said to a crowd viewing the CNN-hosted town hall in Derry, N.H., saying it was difficult for her to be running for president. “I never thought I’d be here on stage asking people to vote for me. I always wanted to be of service.”

The town hall, which was led mostly by audience questions, included pointed questions about Clinton’s vote for the Iraq War and her stance on Wall Street, but also allowed for revealing mediation on personal questions, both by her and Vermont Sen. Bernie Sanders, who preceded her on stage.

Clinton was asked by a rabbi in the audience how she balances ambition with humility. “I’m constantly trying to balance,” Clinton said. “How do I assume the mantle of a position as essentially august as president of the United States, and not lose track of who I am and what I believe in and what I want to do to serve?”

“I have that dialogue at least, you know, once a day in some setting or another,” she continued. “And I don’t know that there is any ever absolute answer, like, ‘OK, universe, here I am, watch me roar’ or oh, my gosh, I can’t do it, it’s just overwhelming, I have to retreat.”

It was an unusually personal moment for the former Secretary of State, who does not often discuss her doubts.

But between openly grappling with personal questions, Clinton refused to back down and second-guess her decision to give paid Wall Street speeches.

Clinton has been attacked for accepting nearly $700,000 from Goldman Sachs by Sanders, who has accused her of being influenced by Wall Street. It has become an issue on the campaign trail as some Democratic voters question Clinton’s integrity and independence.

When asked by moderator Anderson Cooper if she made a mistake in giving paid speeches before announcing her White House bid, Clinton said no. “Look, I made speeches to lots of groups. I told them what I thought. I answered questions,” she said.

Cooper pressed her and asked if had to be paid $675,000. “Well, I don’t know,” Clinton answered. “That’s what they offered.”

Clinton said she has not been influenced by donations or speaking fees and claims to have a more comprehensive Wall Street reform plan that Sanders. “Anybody who knows me, who thinks that they can influence me, name anything they’ve influenced me on,” she said. “Just name one thing. I’m out here every day saying I’m going to shut them down, I’m going after them. I’m going to jail them if they should be jailed. I’m going to break them up.”

The night was revealing for Sanders as well, who was asked whether he is a person of faith. “I would not be running for president of the United States if I did not have very strong religious and spiritual feelings,” Sanders said. “So my spirituality is that we are all in this together and that when children go hungry, when veterans sleep out on the street, it impacts me. That’s my very strong spiritual feeling.”

Sanders and Clinton will meet on a debate stage on Thursday night in Manchester.

About the Authors
By Sam Frizell
See full bioRight Arrow Button Icon
By TIME
See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Economy
America's $38 trillion national debt 'exacerbates generational imbalances' with Gen Z and millennials paying the price, warns think tank
By Eleanor PringleDecember 16, 2025
1 day ago
placeholder alt text
Success
Meetings are not work, says Southwest Airlines CEO—and he’s taking action, by blocking his calendar every afternoon from Wednesday to Friday 
By Preston ForeDecember 15, 2025
2 days ago
placeholder alt text
Success
'I had to take 60 meetings': Jeff Bezos says 'the hardest thing I've ever done' was raising the first million dollars of seed capital for Amazon
By Dave SmithDecember 15, 2025
2 days ago
placeholder alt text
Innovation
An MIT roboticist who cofounded bankrupt Roomba maker iRobot says Elon Musk's vision of humanoid robot assistants is 'pure fantasy thinking'
By Marco Quiroz-GutierrezDecember 16, 2025
24 hours ago
placeholder alt text
Future of Work
The job market is so bad, people in their 40s are resorting to going back to school instead of looking for work
By Sydney LakeDecember 16, 2025
1 day ago
placeholder alt text
Success
As millions of Gen Zers face unemployment, McDonald's CEO dishes out some tough love career advice for navigating the market: ‘You've got to make things happen for yourself’
By Preston ForeDecember 16, 2025
22 hours ago

Latest in Leadership

layoffs
CommentaryLayoffs
The AI layoff wave is just beginning — and it’s by design
By Kevin OakesDecember 17, 2025
12 minutes ago
Bezos
Big Techphilanthropy
Jeff Bezos and Lauren Sánchez Bezos donate $5 million to neurodivergent education leader
By James Pollard and The Associated PressDecember 17, 2025
59 minutes ago
SuccessMillionaires
Tech CEO Bryan Johnson says he’ll make humans immortal by 2039—he just needs to sort out ‘buggy’ issues like ‘mistakingly causing cancer’ first
By Orianna Rosa RoyleDecember 17, 2025
2 hours ago
NewslettersCEO Daily
Why more boards are taking a chance on outsider CEOs
By Geoff ColvinDecember 17, 2025
3 hours ago
Norbert Jung
Commentary
Factory 2030 runs on more than code. As a CEO, I see the power of agentic AI—and the trust gap that we must close
By Norbert JungDecember 17, 2025
3 hours ago
Trump
PoliticsWhite House
Elon Musk an ‘odd, odd duck’ and JD Vance a ‘conspiracy theorist for a decade’: What Trump’s right-hand woman really thinks
By Bill Barrow and The Associated PressDecember 16, 2025
13 hours ago