Sanders Demands Federal Regulators Obey Law and Limit Oil Speculation
WASHINGTON, Aug. 23 – Sen. Bernie Sanders today said federal regulators should stop thumbing their noses at a year-old law and enforce limits on excessive speculation in oil markets. He cited secret data collected by the Commodity Futures Trading Commission which showed that Goldman Sachs, Morgan Stanley and other banks and hedge funds dominated oil markets in 2008 when prices rose sharply and topped $140
CFTC Report Reveals Rampant Speculation in Oil Markets
Sen. Bernie Sanders offered the following statement after having reviewed a list of speculative oil traders responsible for the 2008 spike in oil prices. This list was compiled by the U.S. Commodity Futures Trading Commission (CFTC). “This report clearly shows that in the summer of 2008 when gas prices spiked to more than $4 a gallon, Goldman Sachs, Morgan Stanley, and other speculators on Wall Street
Delegation announces $1 million grant to Montpelier-based Institute for Sustainable Communities
Vermont’s congressional delegation – Sen. Bernie Sanders (I), Sen. Patrick Leahy (D), and Rep. Peter Welch (D) – today announced a one million dollar grant to the Montpelier-based Institute for Sustainable Communities (ISC). Through the grant, ISC will work with the joint HUD-DOT-EPA Partnership for Sustainable Communities (PSC), which coordinates federal housing, transportation, water, and other infrastructure investments to make neighborhoods more prosperous, allow people
Sanders to Steelworkers: No. 1 Challenge America Faces Is A Jobs Crisis
Sen. Bernie Sanders will address the urgent need to create jobs to both jumpstart the economy and reduce the national debt during the United Steelworkers “Stand Up, Fight Back” convention in Las Vegas this afternoon. Shortly before Sanders speaks to more than 3,000 union leaders throughout North America today, President Barack Obama is scheduled to make remarks to the steelworkers’ convention by video. On Monday, House
Protecting Families, Not Polluter Interests
Last Thursday, nine senators signed onto a letter urging the Obama administration to take action to protect air quality and public health. In the letter, Sen. Bernie Sanders and eight other senators called upon the president to safeguard the health of families by standing strong against efforts to weaken the Clean Air Act. For four decades, this landmark legislation has saved lives
