Presidential candidate Sanders takes aim at Wall Street, Clinton in speech

U.S. Democratic presidential candidate and U.S. Senator Bernie Sanders shakes hands with supporters after speaking at a campaign rally in ManchesterBy Amanda Becker WASHINGTON (Reuters) – U.S. Democratic presidential candidate Bernie Sanders warned on Tuesday that financial-sector greed was “destroying the fabric of our nation” and said the starting point of any Wall Street reform effort is breaking up “too big to fail” banks. The U.S. senator from Vermont – an independent and a democratic socialist popular with the Democratic Party’s populist wing – gave his speech at a theater near New York’s Times Square, just “a few subway stops away from the epicenter of the global financial crisis,” as his campaign put it. Sanders also called for structural reforms to the Federal Reserve, making credit rating agencies nonprofit entities, and a tax on speculative investments.

Share this article