Hillary Clinton "strongly opposes" a proposal unveiled by a Republican congressman on Tuesday to roll back Dodd-Frank financial reforms, an adviser to the Democratic presidential candidate said.

In a statement, Clinton adviser Gary Gensler said the proposal from Representative Jeb Hensarling, the chairman of the House Financial Services Committee, was "ill-conceived."

"Hillary Clinton strongly opposes Chairman Hensarling and Donald Trump's efforts to gut critical reforms put in place to protect the public after the financial crisis," he said.