Visiting New York City, Bernie Sanders Attacks Clinton, ‘Greed’ Of Wall Street
And Clinton is vulnerable on the issue.
“My opponent says that, as a senator, she told bankers to “cut it out” and end their destructive behavior”, he said, to laughter.
Bernie Sanders has declared war on the biggest players in Wall Street’s financial sector.
Bernie Sanders to dismantle the nation’s largest banks if he was elected president received glowing praise from a Senate colleague from a neighboring state.
And while Clinton still maintains a commanding lead in the polls, some signs are emerging that she may not be in as strong a position here as she would like. On Monday, Clinton’s campaign attempted to preempt Sanders’ Wall Street speech by calling on the progressive senator to endorse her proposal for banking reform. These guys who have a corrupt campaign, finances it, right? “Secretary Clinton is wrong”, Sanders said. Clinton argues that regulators should focus on “shadow banks” instead of the big banks targeted by Glass-Steagall.
STEPHANOPOULOS: But so numerous problems were created by the banks that weren’t under Glass-Steagall. We need leadership now to say, really, enough is enough.
One, it assumes that Hillary Clinton will win the nomination outright, which will not be a “done deal” until the primaries are going and people are actually casting votes; two, it assumes that Bernie doesn’t really want to be President of the United States and is just running his campaign for show.
“I have a long record and I have been on the forefront of change for decades”, Clinton said. Nevada follows Iowa and New Hampshire on the Democratic calendar and a split decision by the first two states could place a greater emphasis on the Western state, which features a much more diverse electorate.
“I doesn’t concern me at all”, Sean Dolstad, a graphic designed from Las Vegas, said bluntly, reflecting what many of his Sanders supporting brethren said on Wednesday.
Here are the 10 major components to Sanders’ Wall Street reforms.
In response, Sanders’ communications director, Michael Briggs, took aim at Gary Gensler, Clinton’s chief financial adviser. Gunnel highlighted an analysis from Guggenheim Partners, an investment firm that said Sanders’s agenda would have “radical impacts”.
Bernie Sanders plans to outline steps to provide workers with three months of paid family and medical leave, seeking to draw a contrast with Democratic presidential rival Hillary Clinton on how it would be paid for.
The politics of Clinton’s play are fairly easy to divine.
Clinton responded at a campaign event in Sioux City, Iowa, on Tuesday evening, saying her policies would take on a wide range of financial actors, including insurance companies and investment houses that helped spark the 2008 recession. While Clinton and Sanders supporters sat on opposing sides of the room, challenging each other to who could chant louder, O’Malley didn’t have a noticeable cheering section.
SANDERS: The number one reason I think is that the issues that we are talking about, the disappearing middle class, massive levels of income and wealth inequality, the fact that Wall Street’s greed has had a huge impact on the lives of millions of people, people want leadership now to stand up to the big money interests, protect working people.
In many respects, the fight over shadow banking is like the broader philosophic divide between the go-big-or-go-home Democratic socialist and the more pragmatic, work-within-the-system Clinton. But their other stated purpose-to give outsider candidates a chance at legitimacy-could prove even more significant for Democrats.
Even as Hillary discussed typical hot topics like economy, terrorism and gun control, she made sure to trickle the voter’s more intimate concerns like battling Alzheimer’s and helping children with autism.