Progressive New York mayor backs Clinton’s Wall Street package

[Alfresco]

http://www.politico.com/story/2016/01/bill-de-blasio-hillary-clinton-wall-street-217363

Excerpt:

By Annie Karni
01/05/16 02:13 PM EST

As Bernie Sanders prepared to deliver a speech on Wall Street reform, New York City’s progressive mayor, Bill de Blasio, endorsed Hillary Clinton’s financial proposals instead.

“Having studied all the Wall Street reform proposals, I firmly believe Hillary Clinton has put forward the toughest, farthest-reaching plan of anyone running for President,” de Blasio said in a statement to POLITICO. “She would not only go beyond Dodd-Frank to ensure the needed authority exists to break up or downsize banks that are too large, but she also imposes new constraints on activities in the shadow banking sector, which is too often overlooked.”

He added: “Hillary Clinton’s plan confronts risk-taking wherever it occurs, from investment and commercial banks to insurance firms to hedge funds. Her plan goes the farthest to crack down on the true causes of the last financial crisis, and to prevent the next one.”

[ismnotwasm]

1. Sweet!

[Trajan]

2. Nonsense

Hillary's plan is a mere shadow of what Bernie has proposed. .. DeBlasio is WRONG!

Politico is a nest of right wing vultures ... They can go to hell as well ...

[LexVegas]

3. Conspiracy! nt

[CharlotteVale]

4. Wall Street likes it, too.

[jkbRN]

5. +100

[Iliyah]

6. K & R

[stillwaiting]

7. Not to mention, Wall Street LIKES Hillary's plans. That guarantees it's JUST what we need.

After all, Wall Street now fully realizes they need to be reined in. They really do.

[Alfresco]

8. The mayor knows best.