Sharply contrasting views of the role of Wall Street in American society were staked out in a Senate floor debate over a major overhaul of financial regulations. In an exchange that extended over two days, Senators Bernie Sanders and Judd Gregg clashed over their competing visions of big banks and federal regulation of the financial industry. The progressive independent and a conservative Republican from neighboring states that share a border shaped by the Connecticut River debated how best to avoid the kind of financial fallout that plunged the economy into a severe recession in the fall of 2008. To watch excerpts of the exchange, click here. To read a column by Senator Sanders on how to reform Wall Street, click here.
To watch Sanders’ entire speech on Tuesday, click here.