Warren Praises Sanders Plan to Dismantle Big Banks

Bernie Sanders to dismantle the nation’s largest banks if he was elected president received glowing praise from a Senate colleague from a neighboring state.

According to a report in The Hill, Sen. Elizabeth Warren (D-MA) used her Facebook page to commend Sanders’ proposed dismantling of the so-called too-big-to-fail financial institutions.

“I’m glad Bernie Sanders is out there fighting to hold the big banks accountable, to make our economy safer, and to stop the Republicans from rigging the system even more in Wall Street's favor,” Warren wrote.

Warren’s positive acknowledgment of Sanders’ strategy served as a reminder of their shared progressive brand of politics and her continued influence in shaping the Democratic Party’s policies regarding banking and housing. Warren, who is credited as the architect of the Consumer Financial Protection Bureau, declined efforts by some supporters to enter the 2016 presidential race and has refused to offer any endorsement of the current candidates for the party’s nomination. Warren is the only woman among the Senate’s 14 Democratic legislators that has not endorsed Hillary Clinton for president, and their differences regarding the return of the Glass-Steagall Act and the reconfiguring of Wall Street’s biggest financial firms has been among the financial policy points that separate them ideologically.