After 5 Big Banks Plead Guilty to Crimes, Sanders Says Wall Street Business Model is Fraud

WASHINGTON, May 20 – Sen. Bernie Sanders (I-Vt.) issued the following statement today after five big banks agreed to pay more than $5 billion and plead guilty to crimes: “Despite weak financial regulatory systems around the world, it seems that every week we hear about another multi-billion scandal involving a major financial institution.  Today, we learn that JP Morgan Chase,

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Sanders Applauds LA Vote to Raise Minimum Wage

WASHINGTON, May 20 – Sen. Bernie Sanders (I-Vt.) issued the following statement today congratulating Los Angeles after the City Council in the nation’s second-largest city voted 14-1 to approve an increase in the minimum wage to $15 an hour over five years: “I congratulate the Los Angeles City Council for voting to raise the minimum wage to $15 per hour.

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Sanders: Make College Tuition-Free

WASHINGTON, May 19 – Sen. Bernie Sanders (I-Vt.) today introduced legislation to make 4-year public colleges and universities tuition free. “We live in a highly competitive global economy. If our economy is to be strong, we need the best educated work force in the world.  That will not happen if every year hundreds of thousands of bright young people cannot

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Sanders, Cummings File Bill on Rising Rx Prices

WASHINGTON, May 18, – Sen. Bernie Sanders (I-Vt.) and Rep. Elijah E. Cummings (D-Md.) today introduced legislation to curb skyrocketing prices of generic drugs. Sharp price hikes not only impact consumers, hospitals, and pharmacists, but strain the budgets for Medicaid, Medicare, the Department of Defense and the Department of Veterans Affairs. Under current law, brand-name drug manufacturers must pay a

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Sanders: No to Job-Killing Trade Bill

WASHINGTON, May 14 – Sen. Bernie Sanders (I-Vt.) voted “nay” today as the Senate advanced a proposed 12-nation Pacific Rim trade deal. In a floor speech before the 65-33 roll call vote, Sanders detailed four key reasons why the proposal would be bad for American workers and consumers. The Trans-Pacific Partnership would follow in the footsteps of other disastrous trade

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