Hillary Clinton on Wednesday said rival Bernie Sanders raised “serious questions” about his readiness to be president with his recent comments about plans to toughen Wall Street regulations.  “I think he hadn’t done his homework, and he’d been talking for more than a year about doing things that he obviously hadn’t really studied or understood,” the former secretary of state said on MSNBC when asked if the Vermont senator was prepared to be president. “That does raise a lot of questions.”  During an April 1 interview with the New York Daily News editorial board, Sanders, who has made stricter Wall Street regulation central to his campaign, said he didn't have a particular statute in mind for prosecutions of financial-services executives, hadn't studied the legal implications of MetLife’s recent success challenging its too-big-to-fail label, and didn’t know how banks might restructure operations if broken up.  Sanders’ position during the campaign has been that he’d ask his Treasury secretary to make a list of too-big-to-fail financial institutions and work with the Federal Reserve and regulators to break up those firms under the Dodd-Frank Act, which was passed in response to the 2008 financial crisis. Sanders also says he’d reinstate Glass-Steagall, the law separating commercial and investment banking.  “The core of his campaign has been break up the banks, and it didn’t seem in reading his answers that he understood exactly how that would work under Dodd–Frank, exactly who would be responsible, what the criteria were,” Clinton said. “The core issue in his whole campaign doesn’t seem to be rooted in an understanding of either the law or the practical ways you get something done,” she added.  Clinton’s comments come ahead of a crucial Democratic primary April 19 in New York, a state she represented in the U.S. Senate. Sanders defeated her in Wisconsin’s primary Tuesday, which doesn’t knock Clinton off her trajectory to the nomination but does give Sanders, a self-described democratic socialist, fresh momentum.  Defending herself against Sanders’ accusation that she’s too close to Wall Street, Clinton has said she’s “made it very clear that no bank is too big to fail, no executive too powerful to jail.” But she’s said shadow banks—a term referring to hedge funds and other firms that provide loosely regulated lending—are the more pressing issue facing the U.S. Unlike Sanders, she doesn’t advocate for reinstating Glass-Steagall.  Sanders “understands exactly how to break up the big banks,” spokesman Michael Briggs said in an e-mailed response Wednesday, “and we don't need any lessons on getting things done in Congress from someone who didn't pass a single amendment by a roll call vote during her entire career in the Senate.”
Sanders’ campaign fires back, saying the senator knows “exactly” how to carry out one of his top priorities.