Democrats approved platform draft with Sanders' imprint

ST. LOUIS (AP) — Democrats approved a draft of the party platform early Saturday that includes steps to break up large Wall Street banks, advocates for a $15 an hour wage and urges the abolition of the death penalty, reflecting the influence of Bernie Sanders' presidential campaign.

Supporters of presumptive Democratic nominee Hillary Clinton defeated measures pushed by Sanders' allies that would have promoted a Medicare-for-all single-payer health care system, a carbon tax to address climate change and impose a moratorium on hydraulic fracking.

The draft reflects Clinton's views and advocates working toward a "two-state solution of the Israel-Palestinian conflict" that guarantees Israel's security with recognized borders "and provides the Palestinians with independence, sovereignty, and dignity."

The document calls for the expansion of Social Security and says Americans should earn at least $15 an hour, referring to the current minimum wage of $7.25 an hour as a "starvation wage," a term often used by Sanders.

Sanders supports reinstating the Depression-era Glass-Steagall Act, which prohibited commercial banks from engaging in investment banking activities.

Clinton does not support reinstating the law but said her proposed financial reforms would cast a wider net by regulating the shadow banking system.

[...] it approved language calling for the abolition of the death penalty.