Sanders Files Bill to Break Up Big Banks
WASHINGTON, May 6 โ Sen. Bernie Sanders (I-Vt.) today introduced legislation to break up the nationโs biggest banks in order to safeguard the economy and prevent another costly taxpayer bailout. Rep. Brad Sherman (D-Calif.) proposed a companion bill in the House. โNo single financial institution should have holdings so extensive that its failure could send the world economy into crisis,โ