Bernie Sanders wants to break up the nation’s biggest banks (again)
Sen. Bernie Sanders, I-VT, thinks it’s long past time for the nation’s six biggest banks to be broken apart. Back when he was a presidential candidate, Sanders called for sweeping reforms to the nation’s financial system, including breaking up the big banks. And now, he’s at it again. On Wednesday, Sanders announced that he is introducing the “Too Big to Fail, Too Big to Exist Act,” which would break up JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley.