Bernie Sanders Attacks Hillary Clinton’s Ties to Big Banks

And she shifts the attention to Obama.

Mic Smith/AP

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Bernie Sanders attacked Hillary Clinton’s ties to big banks, taking off the gloves on Sunday night in the last Democratic presidential debate before the Iowa caucuses.

Asked to lay out the difference between his and Clinton’s plans for dealing with big banks, Sanders responded with a personal jab.

“The first difference is, I don’t take money from big banks, I don’t get personal speaking fees from Goldman Sachs,” Sanders said, to boos and scattered applause from the audience.

Goldman Sachs paid Clinton $675,000 in speaking fees in 2015, according to public disclosures. Wall Street reform is a key plank in Sanders’ campaign platform.

“Can you really reform Wall Street when they are spending millions and millions of dollars on campaign contributions and when they are providing speaker fees to individuals?” Sanders asked. “So it’s easy to say, well, I’m going to do this and do that, but I have doubts when people receive huge amounts of money from Wall Street.”

Clinton responded by suggesting that Sanders had cast aspersions not only on her ties to financial corporations, but on President Barack Obama as well. “He’s criticized President Obama for taking donations from Wall Street, and President Obama has led our country out of the great recession…I’m going to defend President Obama for taking on Wall Street, taking on the financial industry and getting results,” Clinton said.

See the exchange:

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WE'LL BE BLUNT.

We have a considerable $390,000 gap in our online fundraising budget that we have to close by June 30. There is no wiggle room, we've already cut everything we can, and we urgently need more readers to pitch in—especially from this specific blurb you're reading right now.

We'll also be quite transparent and level-headed with you about this.

In "News Never Pays," our fearless CEO, Monika Bauerlein, connects the dots on several concerning media trends that, taken together, expose the fallacy behind the tragic state of journalism right now: That the marketplace will take care of providing the free and independent press citizens in a democracy need, and the Next New Thing to invest millions in will fix the problem. Bottom line: Journalism that serves the people needs the support of the people. That's the Next New Thing.

And it's what MoJo and our community of readers have been doing for 47 years now.

But staying afloat is harder than ever.

In "This Is Not a Crisis. It's The New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, why this moment is particularly urgent, and how we can best communicate that without screaming OMG PLEASE HELP over and over. We also touch on our history and how our nonprofit model makes Mother Jones different than most of the news out there: Letting us go deep, focus on underreported beats, and bring unique perspectives to the day's news.

You're here for reporting like that, not fundraising, but one cannot exist without the other, and it's vitally important that we hit our intimidating $390,000 number in online donations by June 30.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. It's going to be a nail-biter, and we really need to see donations from this specific ask coming in strong if we're going to get there.

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