7. Restore Glass-Steagall. The new president should also press for a 21st-Century Glass-Steagall Act separating consumer banking from investment activities, so that shareholders and executives will no longer be bailed out when they engage in fraud or mismanagement.
8. Investigate big-bank involvement in payday lending. The new president should direct her regulators to investigate the current state of big-bank involvement in the payday lending industry, and to publish a report of its findings that includes the social cost of this activity and more constructive alternatives for the so-called "unbanked" population.
9. Ensure justice for all. Lastly, she should demonstrate in word and deed what has unfortunately yet to be demonstrated in the nation's capital: that the law will be enforced on Wall Street as well as on Main Street without fear or favor. Whether those crimes consist of investor fraud, consumer fraud, theft, or racial discrimination, no bank executive should ever again believe he or she is above the law.
Hillary Clinton could strengthen her political hand by promising actions like these at the start of her presidency. But it would be naive to assume that she'll do it on her own. Voters should ask her to make such a pledge now, for the good of the country.