Sen. Bernie Sanders on Wednesday explained the importance of ending conflicts of interest at the Federal Reserve. Jamie Dimon, the CEO and chairman of JPMorgan Chase, serves on the New York Fed’s board of directors. The Fed supervises the financial sector and decides whether to provide bank holding companies with…
Sen. Bernie Sanders (I-VT) launched his latest stinging critique at Wall Street Tuesday morning, specifically at JP Morgan Chase CEO Jamie Dimon ahead of his testimony to the Senate Banking Committee next week. “They have learned nothing about the fact that, what financial institutions in this country should be investing…
Three U.S. Senators proposed a bill on Tuesday that would prevent the nation’s most powerful banking executives from simultaneously running the very institutions intended to keep them playing by the rules, with one of the bill’s sponsors saying that JP Morgan’s recent billions in losses are indicative of “a fox…
Sen. Bernie Sanders (I-VT) held a public hearing today to call for the end of legal monopolies on HIV/AIDS drugs and to introduce Senate bill 1138, which includes a $3 billion prize program for the discovery of new HIV/AIDS treatments, according to a press release from Sen. Sanders’s office. The…
Sen. Bernie Sanders (I-Vt.) announced plans to a press conference Tuesday on the dangers of a Republican plan to cut social safety net programs Social Security, Medicare and Medicaid, according to Fire Dog Lake. Sanders and other opponents oppose a Fiscal Summit scheduled with House Budget Committee Chair Paul Ryan…
At a congressional summit Wednesday about the Citizens United decision, Sen. Bernie Sanders (I-VT) said the U.S. Congress was only concerned about the “wealthy and powerful” because of the influence of campaign contributions. “This country faces enormous problems, the middle-class is declining, poverty is increasing, we’re worried about global warming,…
Sen. Bernie Sanders (I-VT) railed against the growing economic inequality in the United States during a Senate speech in support of the Paying a Fair Share Act of 2012. “It is absurd that at a time when our country has a $15 trillion national debt and enormous unmet needs, the…
Vermont Sens. Bernie Sanders (I) and Patrick Leahy (D) on Thursday trashed the Jumpstart Our Business Startups (JOBS) Act, saying it could lead to another financial crisis. The Senate voted 73 to 26 to pass the bill, which was aimed at making it easier for small business’s to raise capital.…