Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Bernie Sanders’s Plan To Break Up Megabanks
Posted
January 6, 2016
Views
159,579
Likes
5,129
Comments
1,521
Engagement
4.17%
January 6, 2016
159,579
5,129
1,521
4.17%
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11:01Now PlayingBernie Sanders just delivered a speech on Wall Street that they are not going to like at all. He explained, in extreme detail, what his approach toward the big banks would be if elected president. Cenk Uygur and John Iadarola (Think Tank), hosts of the The Young Turks, break it down. Tell us what you think in the comment section below.
"Presidential hopeful Bernie Sanders will pledge Tuesday that if elected president he would act within his first year to break up banks deemed “too big to fail.”
The promise is included in a speech that the Vermont senator is scheduled to deliver in Manhattan on Wall Street reform, one of the pillars of his upstart campaign for the Democratic nomination against Hillary Clinton.
In the address, Sanders plans to assert that “a handful of huge financial institutions simply have too much economic and political power over this country.”
“If a bank is too big to fail, it is too big to exist,” Sanders will say, according to excerpts released by his campaign. “When it comes to Wall Street reform, that must be our bottom line.””*
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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