WASHINGTON, May 14 – Sen. Bernie Sanders (I-Vt.) said today that the $2 billion trading loss by JPMorgan Chase underscores the need for Federal Reserve reforms to eliminate blatant conflicts of interest. “It is an obvious conflict of interest for Jamie Dimon, the CEO of the largest bank in America, to serve on the New York Fed’s board of directors,”
BURLINGTON, Vt., May 11 – U.S. Sen. Bernie Sanders (I-Vt.) issued the following statement today after J.P. Morgan Chase revealed a $2 billion loss: “The debacle at J.P. Morgan Chase reaffirms my view that the largest six banks in this country, including J.P. Morgan Chase, which have assets equivalent to two-thirds of our GDP, must be broken up. This is important in order to bring more
WASHINGTON, May 10 – The Vermont congressional delegation announced today that President Obama tapped Maj. Gen. Michael Dubie, the adjutant general of the Vermont National Guard, for a top post in the U.S. military’s homeland defense mission. Dubie was nominated to be the next deputy commander of the United States Northern Command (NORTHCOM), the military’s unified command in charge of protecting U.S. territory and providing military support for civil authorities in
Senator Bernie Sanders May 10, 2012 I am proud to be here today with Congressman Ellison, with my good friend and fellow Vermonter Bill McKibben, with Brent Blackwelder from Friends of the Earth and Ryan Alexander from Taxpayers for Common Sense. We are here today not just to announce new legislation, but to send a message – and that message
WASHINGTON, May 10 – Speaking at a news conference today outside the U.S. Capitol, Sen. Bernie Sanders (I-Vt.) and Rep. Keith Ellison (D-Minn.) announced legislation to end billions of dollars in oil, coal and gas subsidies. “The American people are asking how can it be that at a time when so many in Congress are calling for savage cuts to
WASHINGTON, May 10 – Sen. Bernie Sanders (I-Vt.) issued the following statement today after the U.S. Postal Service reported quarterly losses: “Understated in the Postal Service’s financial report of today is one simple fact: Ninety-four percent of the Postal Service’s losses this year are a direct result of an onerous payment, unprecedented in either government agencies or private corporations, to
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