BURLINGTON ó Sen. Bernie Sanders said he hopes President Barack Obamaís choice for the next person to head the Federal Reserve will be an advocate for the middle class.
The Vermont independent recommended two people popular with the left who he says would make excellent candidates for the job when current Fed Chairman Ben Bernankeís term expires next Jan. 31.
Sanders said he believes either Nobel Prize-winning economist Joseph Stiglitz or former U.S. Labor Secretary Robert Reich would pursue a policy of full employment and put the needs of the middle class over those of Wall Street.
Sanders said the United States is facing a major crisis of unemployment and under-employment and that the Fed needs to address it with the same urgency it showed after the financial crisis in 2008.MORE IN Vermont NewsMONTPELIER ó Vermontís reliance on solar power is continuing to increase as producers take... Full StoryBURLINGTON ó Lawmakers are preparing bills that would require employers to provide paid leave,... Full Story
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