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January 13, 2016

Wall Street Journal: Republicans and Democrats Agree: We Hate Wall Street

“Wall Street is confronting a presidential election unlike any it has seen: One in which the banking industry is denounced by candidates on the left and the right.

“The banker-bashing is prompting uncertainty and disagreement in the industry about how, or whether, to respond.

“Democratic challenger Bernie Sanders has said “fraud is the business model of Wall Street,” while party front-runner Hillary Clinton has vowed to rein in risky financial activity.

“In the Republican Party, where financial firms typically can count on a friend, Sen. Marco Rubio has said big banks have been “bragging” that they are too big to fail and that he would repeal the law that grants that status.”

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Read the full Wall Street Journal article by Anupreeta Das and Emily Glazer here

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