Hillary Clinton Dodges On Glass-Steagall

Mike Malloy Show 2019-05-07

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Democratic presidential front-runner Hillary Clinton on Thursday declined to endorse legislation championed by Sen. Elizabeth Warren (D-Mass.) that would break up big banks.

Warren and other liberals — including Clinton's 2016 primary opponents Sen. Bernie Sanders (I-Vt.) and former Maryland Gov. Martin O'Malley — are pushing to reinstate legislation that former President Clinton repealed in 1999 called Glass-Steagall.

Earlier this month, Warren reintroduced a bill that would require banks to divide their commercial and investment banking.

Full story: http://thehill.com/policy/finance/249050-clinton-dodges-on-glass-steagall

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