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Hillary Clinton's career in the spotlight Former Secretary of State Hillary Clinton, pictured in October 2012, has become one of the most powerful people in Washington. Here's a look at her life and career through the years:

Hillary Clinton's career in the spotlight Before she married Bill Clinton, she was Hillary Rodham. Here, Rodham talks about student protests in 1969, which she supported in her commencement speech at Wellesley College in Wellesley, Massachusetts.

Hillary Clinton's career in the spotlight Rodham, center, a lawyer for the Rodino Committee, and John Doar, left, chief counsel for the committee, bring impeachment charges against President Richard Nixon in the Judiciary Committee hearing room at the U.S. Capitol in 1974.

Hillary Clinton's career in the spotlight Arkansas Gov. Bill Clinton helps first lady Rosalynn Carter on a campaign swing through Arkansas in June 1979. Also seen in the photo is Hillary Clinton, center background.

Hillary Clinton's career in the spotlight Bill Clinton embraces his wife shortly after a stage light fell near her on January 26, 1992. They talk to Don Hewitt, producer of the CBS show "60 Minutes."

Hillary Clinton's career in the spotlight With Hillary, Democratic presidential candidate Bill Clinton waves to the crowd at his victory party after winning the Illinois primary on March 17, 1992.

Hillary Clinton's career in the spotlight Al Gore, Tipper Gore, Bill Clinton and Hillary Clinton wave to supporters at the Chautauqua Institution in Chautauqua, New York, after they gave speeches on family values on August 23, 1992.

Hillary Clinton's career in the spotlight Clinton gestures at a campaign rally November 3, 1992, in Denver. After taking office, President Clinton chose his wife to head a special commission on health care reform, the most significant public policy initiative of his first year in office.

Hillary Clinton's career in the spotlight Bill and Hillary Clinton have a laugh together on Capitol Hill in 1993.

Hillary Clinton's career in the spotlight Clinton pours herself a cup of tea in 1993 while testifying to the Senate Education and Labor Committee about health care reform.

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One month without a Hillary Clinton headliner - CNN.com

Hillaryland is ready for Romney.

Advisers to Hillary Clinton said the former secretary of state has a better shot of winning the White House in a race against former Mitt Romney than she does against Jeb Bush.

Clinton confidants and other Democrats said in interviews that they view Romney as the weaker Republican opponent in a general election, unlikely to get a second chance from the key swing group of independents who made up their minds about him just two years ago.

I would like to run against Mitt Romney in every election forever, said former Obama staffer Tommy Vietor, who also worked on Clintons book tour last summer.

Clinton advisers said Romney has proven he lacks the ability to relate to voters and comes across as out of touch.

Wed be much more concerned about Bush, said one Clinton confidant. When you have Romney against Clinton, you cant really make the argument that its time to move on. Youve got two people who have run before.

Bush, the former Florida governor, also has a geographic advantage, insiders said.

One has to assume Bush will win Florida, said a longtime Clinton adviser. If youre looking at the world through 270 electoral votes, thats a major state in the electoral count (29 votes).

Both Republican candidates are expected to try to appeal to the center of their party and that might be easier for Bush to pull off.

People will argue that Bush has matured, said the longtime Clinton adviser. With Romney, theres less of an argument that he matured than that he flipped in 12 and that hes flopping back in 16. Id rather have Romney than Bush.

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EXCLUSIVE: Hillary Clinton advisers prefer she face Romney ...

Hillary Clinton's career in the spotlight Former Secretary of State Hillary Clinton, pictured in October 2012, has become one of the most powerful people in Washington. Here's a look at her life and career through the years:

Hillary Clinton's career in the spotlight Before she married Bill Clinton, she was Hillary Rodham. Here, Rodham talks about student protests in 1969, which she supported in her commencement speech at Wellesley College in Wellesley, Massachusetts.

Hillary Clinton's career in the spotlight Rodham, center, a lawyer for the Rodino Committee, and John Doar, left, chief counsel for the committee, bring impeachment charges against President Richard Nixon in the Judiciary Committee hearing room at the U.S. Capitol in 1974.

Hillary Clinton's career in the spotlight Arkansas Gov. Bill Clinton helps first lady Rosalynn Carter on a campaign swing through Arkansas in June 1979. Also seen in the photo is Hillary Clinton, center background.

Hillary Clinton's career in the spotlight Bill Clinton embraces his wife shortly after a stage light fell near her on January 26, 1992. They talk to Don Hewitt, producer of the CBS show "60 Minutes."

Hillary Clinton's career in the spotlight With Hillary, Democratic presidential candidate Bill Clinton waves to the crowd at his victory party after winning the Illinois primary on March 17, 1992.

Hillary Clinton's career in the spotlight Al Gore, Tipper Gore, Bill Clinton and Hillary Clinton wave to supporters at the Chautauqua Institution in Chautauqua, New York, after they gave speeches on family values on August 23, 1992.

Hillary Clinton's career in the spotlight Clinton gestures at a campaign rally November 3, 1992, in Denver. After taking office, President Clinton chose his wife to head a special commission on health care reform, the most significant public policy initiative of his first year in office.

Hillary Clinton's career in the spotlight Bill and Hillary Clinton have a laugh together on Capitol Hill in 1993.

Hillary Clinton's career in the spotlight Clinton pours herself a cup of tea in 1993 while testifying to the Senate Education and Labor Committee about health care reform.

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One month without a Clinton headliner

A decision by Hillary Clinton to make a second bid for the White House is fast-approaching.

Clinton in recent days has huddled with advisers to discuss what a second presidential campaign might look like, incorporating lessons learned from her 2008 loss while looking to the future on messaging, fundraising and staffing.

But there are plenty of other decisions for Clinton to make. Here are five.

1) When, where and how to announce?

Clinton confidantes and Democratic strategists agree Clinton shouldnt announce shes running for president in a video, as she did in 2007.

One longtime Clinton ally suggested that Clinton move away from gimmicks and do an old-fashioned announcement in the heartland of the country.

It doesnt need to be Iowa but somewhere where middle class Americans are struggling or a town that has seen large manufacturing growth, the ally said.

Still, there are difficulties with this approach. It would require a ton of advance work, which could tip people off to her plans.

Steve Elmendorf, the top lobbyist and presidential campaign veteran, advised that Clinton should find a new, different and surprising way to announce her decision.

Another former Clinton campaign aide downplayed the importance of the announcement, arguing that Clinton should just say shes in with a message on Twitter. Why does it have to be a big deal? the former aide wondered aloud. Everyone knows shes going to run.

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Five decisions for Hillary

TIME Politics 2016 Election This Could Be Hillary Clintons Economic Policy A new report from her allies offers some 2016 clues

Hillary Clintons allies appear to be taking their first shot at framing an economic policy agenda for her presumptive 2016 presidential campaign, with a new report out Thursday from the Clinton-friendly liberal think tank Center for American Progress.

This report is very significant for many reasons. For starters, as I mentioned in my TIME column this week about how progressive Elizabeth Warren is pushing Clinton further left, the CAP report was spearheaded by former Clinton economic adviser and former Treasury Secretary Larry Summers. Like his predecessor Robert Rubin, this is a guy much better known for deregulating financial markets than worrying about the working classes. I think the report is a sign not only that Summers is trying to reinvent himself, but that wage stagnation and the plight of the middle class is going to be the key economic issue in the 2016 presidential race.

MORE 9 Times Hillary Clinton Has Taken a Stand

So, how does Hilary stack up on this front? The CAP report, which is quite extensive, has some very good ideas. Among my favorites are ideas for tax reform befitting an era in which so much of the worlds income comes from assets (stocks, capital gains, etc.) rather than from wages. See my article on Thomas Piketty, the author of the bestseller Capital in the 21st Century, which explains why thats important.

Theres also a lot on educational reform and vocational training, both good ideas. Most important, the report lays out how other developed countrieslike Canada and Australia, for exampledo a better job keeping wages up than we do (it has a lot on international best practices that the U.S. might adopt).

But on that score, the report is also quite telling about Clintons potential Achilles heel in this election: the legacy of Clintonian market deregulation that was carried out by her husband, along with both Rubin and Summers. These are the guys that got rid of Glass-Steagall banking regulations that had kept the system safe for years (Rubin went to work for Citibank, which pushed that move, shortly after rolling back the regulation that allowed it to become the original Too Big To Fail bank). Yes, wed still have financial crises with that regulation in place, but it would help stem some of them, and most important, the rollback is symbolic of how the Clintonian wing of the Democratic Party completely capitulated to the financial communitya battle that is still taking place today as Jamie Dimon rails against regulators and a Republican Congress attempts to roll back Dodd-Frank.

The CAP report has a few interesting ideas about helping change corporate governance to make companies think longer-term, but it goes very light on the key reason behind short-termism in the market: the financialization of American business, and the fact that finance, an industry that takes over 30% of corporate profits while creating only 6% of American jobs, calls the shots in corporate American today

This is going to be the biggest challenge for Clinton in 2016: how to distance herself from the money culture, but also how to really address the deeper root-to-branch shifts in our financial system, and the market system at large, that must happen in order to truly fix the wage and middle class issue.

Read next: Huckabee Explains Why His Next Campaign Will Be Different

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This Could Be Hillary Clintons Economic Policy