WASHINGTON (AP) – Her intent was to mar the voting record of her rival. But Hillary Clinton also cast aspersions on the presidential record of her husband in testy exchanges with Bernie Sanders over Wall Street regulation.
A look at some of the claims in Thursday night’s Democratic presidential debate and how they compare with the facts:
CLINTON: “I’m the only one on this stage who did not vote to deregulate swaps and derivatives, as Sen. Sanders did … and that contributed to the collapse of Lehman Brothers and started the cascade.”
THE FACTS: The legislation in question was signed into law by President Bill Clinton.
Hillary Clinton was in no position to vote for – or against – it because she was not in the Senate at the time. It’s true that Sanders voted for the Commodity Futures Modernization Act of 2000, which deregulated many financial instruments that were later blamed for intensifying the 2008 financial crisis. Once it passed Congress, Bill Clinton signed it. Hillary Clinton, who became a senator in 2001, is always quick to credit her husband’s economic management, but in this exchange she essentially, if inadvertently, pinned part of the responsibility for the meltdown on the stroke of his pen.
