Martin O'Malley Takes on Hillary Clinton With 2016 Presidential Run

The former Maryland governor looks to position himself as a strong liberal alternative to the current Democratic frontrunner Hillary Clinton.
3:34 | 06/01/15

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Transcript for Martin O'Malley Takes on Hillary Clinton With 2016 Presidential Run
We turn to the race for the president and exclusive interview with Hillary Clinton's latest challenger, martin O'Malley kicked off his campaign this weekend with a direct shot at Clinton and Jeb bush for their ties to Wall Street. Take a look. The CEO of Goldman Sachs let his employees know that he'd be just fine with either bush or Clint Clinton. I bet he would. Well, I've got news for the bullies of Wall Street, the presidency is not a crown to be passed back and forth by you between two royal families. Reporter: And governor O'Malley joins us now. Thanks for joining us. Bush and Clinton are birds of a feather. This is what I believe. I believe that the presidency is a sacred trust and I believe that we are best served by giving the choice of who our president should be to the people of the United States and not to the big banks on wall Street. You think they have that choice right now. I believe when the CEO of Goldman Sachs says he'd be just fine with either bush or Clinton that should be a wake-up call for all of us. We still haven't delivered on the promise of reining in excesses on Wall Street and our entire economy still vulnerable to that. I no he you called secretary Clinton right before you announced. Did you tell her this was coming and how did she respond? I told her we would have a robust discussion about the issues that face our country. How do we make the American dream real for more family not only in terms of investing in our country again but reining in the sort of excesses that led to millions losing their homes and people losing their jobs. We still haven't delivered 0en that promise as a party and we need to. President Obama's close adviser David Axelrod tweeted O'Malley is a dynamic accomplished guy but all in for Hillary in 2008, so isn't it a bit awkward to rail against royal families now? I was for secretary Clinton in 2008 and she and I both worked hard to elect and re-elect the president but times change and different challenges require new leadership. Did you change or did she change? I believe the times changed. Here's the big intervening fact that happened between 2008 and now. That is the crash that was precipitated by reckless behavior on Wall Street that closed millions of Americans to lose their jobs and cratered our economy and now people are earning less than they were, 70% of us earning less as Americans than we were before the crash. We still have work to do. And in order to solve these problems and overcome these challenges I believe we need new leadership and most importantly that's the phrase I've heard from people all over the country, they say we need to get things done again and we need new leaders. You know, "The Wall Street journal" took aim at your own record in an editorial. As governor they say you have a record of tax hikes and slow economic growth as governor. Actually I have a record of a aaa bond rating and the best public schools and highest median income of necessitate in America and better rate of job creation than our neighbors to the fort and to the south of us and the U.S. Chamber of commerce which as you know hardly ever says nice things about democratic elected officials anywhere named our state number one for innovation and entrepreneurship three years in a row. I'm a Progressive leader and I also get things done and that's what 15 years of executive experience brings to the table. Finally a lot of Americans may not know you play in a rock 'N' roll band and played a little guitar "Hail to the chief" as you had a video right before you announced. Will we see that more on the trail? It's interesting, when I go through Iowa and New Hampshire, the guitar seems to fall out of the rafters from someplace. I enjoy music anding looking forward to connecting with people throughout our country about the better future we want for our kid. Governor, thanks for coming on. Thanks, George.

This transcript has been automatically generated and may not be 100% accurate.

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