Politicus Usa has the post Bernie Sanders Is Terrifying Wall Street By Pushing Hillary Clinton To The Left.
Bernie Sanders is having a large impact on the race for the Democratic nomination. The Senator from Vermont is shaping the debate. He has shown that he is not afraid to up the ante by taking solidly liberal policy positions.
The Politicus USA story talks about the story from The Hill, Banks brace for Bernie Sanders.
Sanders (I-Vt.) last week unveiled new legislation designed to break up the nation’s largest banks, declaring that “if an institution is too big to fail, it is too big to exist.”
Paul Merski, an executive vice president at the Independent Community Bankers Association, said many smaller community banks support Sanders’s effort.
If the big banks might think that Bernie Sanders’ legislation is “shrill, bombastic and misaligned,” it is interesting to note what the small banks think.
I also like the notion that Sanders’ opposition might might be underestimating him, while he is actually speaking for millions of Democrats that the party would like to pretend don’t exist.