Bernie Sanders Attacks Hillary Clinton’s Ties to Big Banks

And she shifts the attention to Obama.

Mic Smith/AP

For indispensable reporting on the coronavirus crisis, the election, and more, subscribe to the Mother Jones Daily newsletter.


Bernie Sanders attacked Hillary Clinton’s ties to big banks, taking off the gloves on Sunday night in the last Democratic presidential debate before the Iowa caucuses.

Asked to lay out the difference between his and Clinton’s plans for dealing with big banks, Sanders responded with a personal jab.

“The first difference is, I don’t take money from big banks, I don’t get personal speaking fees from Goldman Sachs,” Sanders said, to boos and scattered applause from the audience.

Goldman Sachs paid Clinton $675,000 in speaking fees in 2015, according to public disclosures. Wall Street reform is a key plank in Sanders’ campaign platform.

“Can you really reform Wall Street when they are spending millions and millions of dollars on campaign contributions and when they are providing speaker fees to individuals?” Sanders asked. “So it’s easy to say, well, I’m going to do this and do that, but I have doubts when people receive huge amounts of money from Wall Street.”

Clinton responded by suggesting that Sanders had cast aspersions not only on her ties to financial corporations, but on President Barack Obama as well. “He’s criticized President Obama for taking donations from Wall Street, and President Obama has led our country out of the great recession…I’m going to defend President Obama for taking on Wall Street, taking on the financial industry and getting results,” Clinton said.

See the exchange:

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

payment methods

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate