2016 FactCheck: on Corporations


Bernie Sanders: Regrets vote to deregulate swaps and derivatives

Hillary Clinton said, "I'm the only one on this stage who did not vote to deregulate swaps and derivatives, as Senator Sanders did, which led to a lot of the problems that we had with Lehman Brothers." Did Bernie Sanders vote to deregulate swaps & derivatives? Bustle.com says:

"Clinton's claim is unavoidably true. In 2000, Sanders voted for the Commodity Futures Modernization Act. The act prevented the government from regulating credit default swaps and the trading of financial derivatives. Swaps like these, which are a type of financial derivative, were largely vilified during the financial meltdown of 2008. Sanders was far from the only Democrat who voted for the bill. It passed the House by a wide margin: Only four representatives did not vote for it. Not to mention, Clinton's husband, then-president Bill Clinton, supported the bill and signed it into law."

Bernie now says he regrets that vote, but Hillary was accurate.

Source: OnTheIssues FactCheck: 2016 Dem. primary debate in Brooklyn Apr 15, 2016

  • The above quotations are from Fact-checking on 2016 presidential, gubernatorial, and Senate campaigns.
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2016 Presidential contenders on Corporations:
  Republicans:
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
Gov.Jim Gilmore(VA)
Sen.Lindsey Graham(SC)
Gov.Mike Huckabee(AR)
Gov.Bobby Jindal(LA)
Gov.John Kasich(OH)
Gov.Sarah Palin(AK)
Gov.George Pataki(NY)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Sen.Marco Rubio(FL)
Sen.Rick Santorum(PA)
Donald Trump(NY)
Gov.Scott Walker(WI)
Democrats:
Gov.Lincoln Chafee(RI)
Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Sen.Elizabeth Warren(MA)
Sen.Jim Webb(VA)

2016 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Roseanne Barr(PF-HI)
Robert Steele(L-NY)
Dr.Jill Stein(G,MA)
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Page last updated: Dec 08, 2018