Sen. Bernie Sanders will pledge in a speech today that if elected president he would act within his first year to break up banks deemed “too big to fail,” the Washington Post reports.
Said Sanders: “If a bank is too big to fail, it is too big to exist. When it comes to Wall Street reform, that must be our bottom line.”
Rick Klein: “It’s part of a more aggressive push from Sanders in the closing weeks before Iowa, designed to put Hillary Clinton’s record and positions under fresh scrutiny. Sanders is also now regularly squaring up against Donald Trump, mentioning the GOP frontrunner far more than Clinton these days as he seems to relish the potential general-election matchup. It’s by tapping Trump-level anger on the left that Sanders has the chance – even if a remote one – to make the Democratic race a true contest. And, like Trump, he’ll need to find clear lines of demarcation to make that happen. Breaking up big banks isn’t a border wall, but for a segment of Democratic primary voters, it may as well be.”
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