Banks Hearing Bernie’s Footsteps

The conventional wisdom is that he doesn’t have a snowball’s chance–and maybe that’s true. But Bernie Sanders’s presidential campaign does have some people looking over their shoulders. Those people would be, as Kevin Cirilli of The Hill reports, the big bankers who are, in Sanders’ world view, the enemy of all that is good and decent.

It appears that:

Wall Street is worried that Sen. Bernie Sanders’s vigorous calls for banking industry reform will pull Hillary Clinton to the left, as the two presidential candidates battle for the 2016 Democratic nomination. 

Sanders’s long-held position is that “if an institution is too big to fail, it is too big to exist.”

Sanders recently introduced legislation to break up the banking behemoths.  And:

“The prospects of it becoming law are nil,” said one banking lobbyist, who described Sanders’s legislations as “shrill, bombastic and misaligned.”

Still, the lobbyist went on:

“… we care about whether this impacts Hillary and whether she’ll try to pander to the far left.”

Pander?  

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