Martin O’Malley: ‘New leadership’ needed to ‘rein in excesses’ of Wall Street

Former Maryland Gov. Martin O’Malley criticized Wall Street and both former Secretary of State Hillary Clinton and former Florida Gov. Jeb Bush, while calling for “new leadership.”

“I’m saying that what we need [is] new leadership … to actually rein in excesses on Wall Street,” O’Malley — who recently launched his presidential campaign — told ABC News’ George Stephanopoulos on Sunday, when asked if Clinton and Bush are beholden to the “bullies” of Wall Street. “And I do believe that, yes — the old leadership of our country was very often deeply engaged with Wall Street.”

“When you have somebody that’s the CEO of one of the biggest repeat offending investment banks in the country telling his employees that he’d be fine with either Bush or Clinton, that should tell all of us something,” he added.

O’Malley, who launched his 2016 campaign Saturday, made it clear reining in Wall Street would be a key part of his campaign.

“I’ve got news for the bullies of Wall Street — the presidency is not a crown to be passed back and forth by you between two royal families,” O’Malley said in his announcement speech.

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