Welch urges regulators to crack down on energy market speculation
In a letter sent last week to the CFTC, Welch and eight colleagues urged the commission to immediately implement rules to limit oil and commodity speculation. Despite the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which directed the CFTC to do just this, the commission has yet to act. According to the law, the deadline for these rules on energy commodity trading to be issued is today.
On Video: Welch votes against health care repeal rule
Welch, the author of four amendments designed to allow for up-or-down votes on key provisions of the law, called on supporters of repeal to own up to the impact of withdrawing from millions of Americans new health coverage and new rights. His amendments would have preserved the ban on lifetime limits on care, coverage of individuals up to age 26 on their parents’ health care plans, the ban on discrimination against those with preexisting conditions and free preventive care.
Liberal magazine, The Nation, names Sanders most valuable senator
Sanders is an independent who caucuses with the Democrats, but this year the emphasis was on independence. He parted with the White House and Congressional leaders to push harder and smarter on issues ranging from media consolidation and the defense of small farmers to healthcare reform and financial regulation.
Welch holds deficit reduction town meeting
As Congress considers how to get the nation’s fiscal house in order, Rep. Peter Welch will host a statewide telephone town hall meeting Tuesday night to seek input from Vermonters about how to cut the deficit.
Welch votes for, House passes middle class tax cut extension
FOR IMMEDIATE RELEASE Thursday, December 2, 2010 CONTACT: Paul Heintz Welch votes for, House passes middle class tax cut extension Welch blasts Republican insistence on borrowing $700 billion for millionaire tax cuts WASHINGTON, DC – Rep. Peter Welch voted to extend tax cuts for middle- and lower-income Americans on Thursday, while blasting Republican maneuvers to [...]
Sanders: Congress must make real changes on Wall Street
WASHINGTON, April 19 – With the Senate slated soon to begin debate on a financial overhaul bill, Sen. Bernie Sanders (I-Vt.) said today that reform legislation must fundamentally change the way that Wall Street works. “Disgust at Wall Street is profound. The American people want us to change in a very profound way how Wall [...]
70 percent of Welch’s earmarks were for military expenditures in 2008, 2009
More than $49M directed to defense companies and the Vermont National Guard in two-year period Please note: This is the first in a series of stories about federal budget earmarks (also known as appropriations requests) made by Vermont’s congressional delegation. Like his compatriots in Congress, Rep. Peter Welch, Vermont’s second-term Democratic congressman, brings home the [...]
