We urge the Department of Justice to carefully investigate and aggressively prosecute all senior bank officials who participated in manipulating the London interbank offered rate throughout the financial crisis. Peter Welch aggressivelybankcarefully share on social
Historically, the minority party in Congress votes against raising the debt limit, forcing the majority party to whip its members into casting politically painful votes in favor. Peter Welch castcongressdebt Change image and share on social
Last night, I had a telephone townhall for my constituents back in Vermont, and we had 11,500 people on it. And I had people on Social Security saying if getting fewer benefits will help us on the debt, they're for it. And I had a farmer saying that he's had subsidies for 35 years but we can't afford them anymore. Peter Welch affordanymoreback share on social
To the extent that people overpay as a result of the Libor manipulation, they should be able to get their money back. Individuals who have mortgages, pension funds who had pensioner investments - whoever was ripped off is entitled to get their money back. Peter Welch backentitleextent share on social
There's a tendency in politics to attribute bad motivation much too quickly, and the sooner you attribute bad motivation to someone you disagree with, the harder it is to find some common ground to make some progress that would give people confidence that you got it more right than wrong. Peter Welch attributebadcommon share on social
There's no conscious plan here; my whole life in politics as a state legislator and in Congress has been about strengthening the middle class. Peter Welch classcongressconscious Change image and share on social
Last year, Congress passed a law that directs the Federal Reserve to set limits on debit card swipe fees that are reasonable and proportional to the cost of processing those transactions. Like most Americans, I had no idea that swipe fees charged to American businesses are the highest in the world. Peter Welch americanbusinesscard share on social
The Citizen's Petition reflects Vermont's spirit of pragmatism and across-the-board cooperation. I applaud the 'Campaign to Fix the Debt' for calling attention to one of the country's most pressing problems, our ballooning national debt, and for urging policymakers to find practical solutions. Peter Welch applaudattentionballoon share on social
Home Star is a common sense idea that would create jobs and provide a boost to local economies, while helping families afford their energy bills. By encouraging homeowners to invest in energy efficiency retrofits, Home Star would create 170,000 manufacturing and construction jobs that could not be outsourced to China. Peter Welch 000affordbill share on social
BP has finally acknowledged what the American people have been saying for weeks: It must take responsibility for its reckless conduct, clean up the Gulf and compensate the countless victims of the disaster it caused. Peter Welch acknowledgeamericancause share on social