Bernie Sanders Vows to Break Up Big Banks When Elected President

Written by on May 7, 2015 in Bankers & Wall St., Government, Politics with 0 Comments


Video Sources: The Young Turks & Bernie Sanders

“Bernie Sanders, a self-described socialist U.S. senator who has launched a bid for the 2016 Democratic presidential nomination, said on Tuesday he will introduce a bill to break up the biggest banks, a position far to the left of the party’s front runner, Hillary Clinton. Calls for Wall Street’s largest firms to be cut down were numerous after taxpayers spent billions of dollars to prevent the financial system from collapse during the 2007-09 financial crisis, but they have since gradually died down. Sanders faces long odds against Clinton’s fund-raising might, and his views might help position the former secretary of state and first lady more as a moderate and buttress her efforts to attract money from banks’ deep pockets.”*


Cenk Uygur talks about the plan Bernie just announced on The Young Turks.

* READ MORE: U.S. presidential hopeful Sanders: Break up the big banks

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