Bernie Sanders Attacks Hillary Clinton’s Ties to Big Banks

And she shifts the attention to Obama.

Mic Smith/AP

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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:

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DONALD TRUMP & DEMOCRACY

Mother Jones was founded to do things differently in the aftermath of a political crisis: Watergate. We stand for justice and democracy. We reject false equivalence. We go after, and go deep on, stories others don’t. And we’re a nonprofit newsroom because we knew corporations and billionaires would never fund the journalism we do. Our reporting makes a difference in policies and people’s lives changed.

And we need your support like never before to vigorously fight back against the existential threats American democracy and journalism face. We’re running behind our online fundraising targets and urgently need all hands on deck right now. We can’t afford to come up short—we have no cushion; we leave it all on the field.

Please help with a donation today if you can—even just a few bucks helps. Not ready to donate but interested in our work? Sign up for our Daily newsletter to stay well-informed—and see what makes our people-powered, not profit-driven, journalism special.

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