Independent Sen. Bernie Sanders of Vermont, who is running for the 2016 Democratic Presidential Nomination, scaled back his criticism of fellow candidate Hillary Clinton in a recent interview, saying that she’d be a better candidate “on her worst day” than any GOP candidate.
During a Nov. 8 interview on ABC’s "This Week," Sanders spoke to the areas where he and Clinton agree and disagree.
“Yes, we do agree on a number of issues, and by the way, on her worst day, Hillary Clinton will be an infinitely better candidate and president than the Republican candidate on his best day,” he said.
“But having said that, we have very significant differences, and the key difference is I see a nation in which we have a grotesque level of income and wealth inequality," he added. "So do I agree with Hillary Clinton on this or that issue? Of course I do.”
Sanders didn’t hold back in highlighting the differences between himself and the former Secretary of State.
“But I think on issues, for example, like Wall Street -- you know, I believe that these guys who drove our economy into the ground, destroyed so many lives,” he said.
“I think that at the end of the day, what we have to do is re-establish Glass-Steagall, we have to break up these huge financial institutions," he added. "That is not Hillary Clinton’s position at all. You know, I was there on the [Trans-Pacific Partnership] from way back, that was -- Hillary Clinton took a little while to get there."
The Glass-Steagall Act refers to four provisions which required commercial banking and securities activities to be separated and not take place within the same financial institution. Commercial banking refers to activities such as money deposits, business and auto loans, and mortgage lending. Securities activities refers to the issuing of stocks and bonds, and the trading of securities.
The provisions were instated in 1933 and was replaced with different legislation in 1999.
The Trans-Pacific Partnership refers to a huge trade agreement which was officially reached last month. It is intended to make international commercial trade easier, and it includes 12 countries, including the U.S.