Why Clinton and Sanders Are Both Wrong About How to Fix Wall Street

In perhaps the most extended discussion of financial reform on a national stage since the passage of Dodd-Frank, Hillary Clinton, Bernie Sanders and Martin O’Malley all agreed there were gaps in the current system. To listen to the candidates onstage, you would think that the main question over financial reform today is whether or not to reinstate the Glass-Steagall firewall between investment and commercial banking. This leads us down well-worn paths of arguing whether Glass-Steagall&rsqu