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The Independent UK
The Independent UK
National
Will Weissert

How the last banking tumult fuels today's populist politics

Copyright 2022 The Associated Press. All rights reserved

Mike Pence and Bernie Sanders are hardly political allies.

But in the aftermath of two large bank failures, the conservative former vice president and the democratic socialist senator are striking remarkably similar tones. Pence, a Republican, bemoaned that “we live in a world where certain politically favored businesses are propped up, backstopped and bailed out by government.” Sanders, an independent who caucuses with Democrats, said "we cannot continue down the road of more socialism for the rich and rugged individualism for everyone else.”

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