Sens. Bernie Sanders, I-Vt., and Elizabeth Warren, D-Mass., are among the Democrats running for president who made curbing Wall Street excesses cornerstones of their campaigns. (Bill Clark/CQ Roll Call file photo)
In 2016, a New York City real estate developer who inherited hundreds of millions of dollars managed to win the presidency after convincing thousands of Rust Belt voters that the daughter of a textile salesman was an untrustworthy elitist because she gave a few paid speeches to a Wall Street investment bank. Four years later, some of the nearly two dozen Democrats running for president are retreading the populist path that runs roughshod over Wall Street.
The candidates hope bashing big banks still resonates with voters, but they’re also broadening the message to include other economic issues that divide the haves from the have-nots. “The last three presidential elections have all been Main Street versus Wall Street, and — increasingly — about the Rust Belt versus Wall Street,” said Andy Green, managing director of economic policy at the Center for American Progress.