Excerpt: "Mr. Sanders said that Mrs. Clinton was 'wrong' to oppose his plan to reinstitute the Glass-Steagall Act, which would legally separate commercial banking, investment banking and insurances services. The senator also criticized Mrs. Clinton for being a patron of bankers."
Bernie Sanders outlined his proposals for regulating Wall Street at Town Hall in Manhattan on Tuesday. (photo: Damon Winter/NYT)
ALSO SEE: How Bernie Sanders and
Hillary Clinton Differ on Wall Street
Bernie Sanders Slams Hillary Clinton Over Wall Street Policies
06 January 16
enator Bernie Sanders of Vermont in a fiery speech on Tuesday laid out his plan to break up “too big to fail” commercial banks and pointedly attacked Hillary Clinton for taking speaking fees from the financial industry and, in his view, not going far enough in her plan to regulate Wall Street.
The criticism of Mrs. Clinton was some of Mr. Sanders’s strongest to date, and came after he had frequently refrained from such direct attacks.
“My opponent says that as a senator, she told bankers to ‘cut it out’ and end their destructive behavior,” Mr. Sanders said of Mrs. Clinton. “But, in my view, establishment politicians are the ones who need to cut it out. The reality is that Congress doesn’t regulate Wall Street. Wall Street and their lobbyists regulate Congress. We must change that reality, and as president, I will.”
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