Democratic presidential candidate Bernie Sanders won applause from liberal hero Elizabeth Warren a day after he promised in a New York speech to break up big U.S. banks in his first year in office.
Warren tweeted she was “glad” Sanders “is out there fighting to hold big banks accountable, make our economy safer, & stop the GOP from rigging the system.”
Lest anyone think Warren was tipping her hand in the primary—where she hasn't endorsed a candidate—she added she was glad that “ALL” the party's candidates, including Hillary Clinton and Martin O'Malley, “are fighting for Wall St reform.”
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On Tuesday, Sanders tried to align himself with Warren, citing his support for her Glass-Steagall bill. After coming under some preemptive criticism from Clinton's camp, he added, “Let's be clear”: Warren's legislation “aims at the heart of the shadow banking system.”
“Now, my opponent, Secretary Clinton, says that Glass-Steagall would not have prevented the financial crisis because shadow banks like AIG and Lehman Brothers, not big commercial banks, were the real culprits,” Sanders said. “Secretary Clinton is wrong.”