Bloomberg Gets Tough On Wall Street With Proposals That Echo Progressive Rivals’ Plans

While it doesn’t go quite as far as those of his more progressive rivals, Bloomberg’s financial regulatory proposals show a Democratic candidate willing to lean further left than perhaps was expected.

“The financial system isn’t working the way it should for most Americans,” Bloomberg said in a. “The stock market is at an all-time high, but almost all of the gains are going to a small number of people, and our economy is still vulnerable to another shock like the 2008 financial crisis that devastated families and communities all over the country.

Bloomberg released his financial policy plan at a time when he has steadily been gaining momentum in the Democratic polls. Meanwhile, Democratic rivals have criticized Bloomberg over his past comments on financial regulation and. While Sanders leads in national polls after winning the New Hampshire primary, Bloomberg’s recent momentum has many pundits already

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