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Sen. Elizabeth Warren tweeted: "I'm glad @BernieSanders is out there fighting glad big banks accountable, make our economy safer, & stop the GOP from rigging the system."d @BernieSanders is out there fighting to hold big banks accountable." (Photo: AFGE/flickr/cc)
Sen. Elizabeth Warren Cheers Bernie's Fight to "Hold Big Banks Accountable"
Praise from Mass. senator follows speech by presidential hopeful in which he vows to crack down on 'too-big-to-fail' banks
Jan 06, 2016
Sen. Bernie Sanders got a shout-out from big bank critic Sen. Elizabeth Warren on Wednesday a day after the presidential hopeful gave a policy speech laying out his tough on Wall Street stance.
Warren (D-Mass.), who has yet to endorse any of the Democratic candidates, offered the praise in a handful of tweets:
\u201c11 big banks are still so risky that if any one started to fail, they'd need a gov bailout or risk taking down the economy \u2013 again.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452092962
\u201cBut the 2016 Republicans claim they'll repeal all the new financial regulations \u2013 hoping to be chosen as Wall Street's favorite candidate.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452092993
\u201cI'm glad @BernieSanders is out there fighting to hold big banks accountable, make our economy safer, & stop the GOP from rigging the system.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452093012
\u201cWe need to level the playing field and end too big to fail.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452093023
Though she also included this tweet, Hillary Clinton, unlike Sanders and Martin O'Malley, does not support reinstating Glass-Steagall, a law that put a wall of separation between investment and commercial banking:
\u201cI'm glad that ALL the Dem candidates for president \u2013 @HillaryClinton, @BernieSanders & @MartinOMalley \u2013 are fighting for Wall St reform.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452098484
During his speech in New York on Wednesday, Sanders said, "Wall Street and corporate greed is destroying the fabric of our nation." He also vowed to break up too-big-to- fail banks, saying, "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."
The Vermont senator also voiced support for the Warren-introduced "21st Century Glass-Steagall Act." That legislation," of which he is a co-sponsor, "aims at the heart of the shadow banking system," he said.
"In my view, Senator Warren, is right," he added. " Dodd-Frank should have broken up Citigroup and other 'too- big-to-fail' banks into pieces. And that's exactly what we need to do. And that's what I commit to do as president."
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Sen. Bernie Sanders got a shout-out from big bank critic Sen. Elizabeth Warren on Wednesday a day after the presidential hopeful gave a policy speech laying out his tough on Wall Street stance.
Warren (D-Mass.), who has yet to endorse any of the Democratic candidates, offered the praise in a handful of tweets:
\u201c11 big banks are still so risky that if any one started to fail, they'd need a gov bailout or risk taking down the economy \u2013 again.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452092962
\u201cBut the 2016 Republicans claim they'll repeal all the new financial regulations \u2013 hoping to be chosen as Wall Street's favorite candidate.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452092993
\u201cI'm glad @BernieSanders is out there fighting to hold big banks accountable, make our economy safer, & stop the GOP from rigging the system.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452093012
\u201cWe need to level the playing field and end too big to fail.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452093023
Though she also included this tweet, Hillary Clinton, unlike Sanders and Martin O'Malley, does not support reinstating Glass-Steagall, a law that put a wall of separation between investment and commercial banking:
\u201cI'm glad that ALL the Dem candidates for president \u2013 @HillaryClinton, @BernieSanders & @MartinOMalley \u2013 are fighting for Wall St reform.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452098484
During his speech in New York on Wednesday, Sanders said, "Wall Street and corporate greed is destroying the fabric of our nation." He also vowed to break up too-big-to- fail banks, saying, "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."
The Vermont senator also voiced support for the Warren-introduced "21st Century Glass-Steagall Act." That legislation," of which he is a co-sponsor, "aims at the heart of the shadow banking system," he said.
"In my view, Senator Warren, is right," he added. " Dodd-Frank should have broken up Citigroup and other 'too- big-to-fail' banks into pieces. And that's exactly what we need to do. And that's what I commit to do as president."
Sen. Bernie Sanders got a shout-out from big bank critic Sen. Elizabeth Warren on Wednesday a day after the presidential hopeful gave a policy speech laying out his tough on Wall Street stance.
Warren (D-Mass.), who has yet to endorse any of the Democratic candidates, offered the praise in a handful of tweets:
\u201c11 big banks are still so risky that if any one started to fail, they'd need a gov bailout or risk taking down the economy \u2013 again.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452092962
\u201cBut the 2016 Republicans claim they'll repeal all the new financial regulations \u2013 hoping to be chosen as Wall Street's favorite candidate.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452092993
\u201cI'm glad @BernieSanders is out there fighting to hold big banks accountable, make our economy safer, & stop the GOP from rigging the system.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452093012
\u201cWe need to level the playing field and end too big to fail.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452093023
Though she also included this tweet, Hillary Clinton, unlike Sanders and Martin O'Malley, does not support reinstating Glass-Steagall, a law that put a wall of separation between investment and commercial banking:
\u201cI'm glad that ALL the Dem candidates for president \u2013 @HillaryClinton, @BernieSanders & @MartinOMalley \u2013 are fighting for Wall St reform.\u201d— Elizabeth Warren (@Elizabeth Warren) 1452098484
During his speech in New York on Wednesday, Sanders said, "Wall Street and corporate greed is destroying the fabric of our nation." He also vowed to break up too-big-to- fail banks, saying, "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."
The Vermont senator also voiced support for the Warren-introduced "21st Century Glass-Steagall Act." That legislation," of which he is a co-sponsor, "aims at the heart of the shadow banking system," he said.
"In my view, Senator Warren, is right," he added. " Dodd-Frank should have broken up Citigroup and other 'too- big-to-fail' banks into pieces. And that's exactly what we need to do. And that's what I commit to do as president."
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