Barney Frank on Bernie Sanders’ plan to break up banks

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Wall Street Photo by Dave Center via Flickr/CC

It’s an established narrative that Hillary Clinton is too beholden to Wall Street, while Bernie Sanders will break up the big banks. However, that doesn’t sit quite right with former Congressman Barney Frank (D-Mass.).

“Let me start with the fundamental problem with the Sanders approach. He says, wants there to be a limit on how big banks can be, no bank should be bigger than that, but he hasn’t told us the limit. I’ve been asking,” Frank said recently on Left, Right & Center. 

Frank was one of the authors of the Dodd-Frank bill, which was signed into law to prevent another financial crisis by instituting new financial regulations.

However, Democratic candidate Bernie Sanders still says the biggest banks need to broken up. What this means, exactly, was up for discussion on a recent episode of Left, Right and Center.