Todays news from Sen. Bernie Sanders (I-Vt.): Net Neutrality: Federal Communications Commissioner Tom Wheeler, a former industry lobbyist, has proposed new rules that would allow Internet service providers to charge web publishers extra for preferential treatment - giving them a fast lane on the Internet highway. Sen. Sanders called the idea terribly misguided and said that, if enacted, the Internet as we have come to know it would cease to exist and the average American would be the big loser,” the Long Island (N.Y.) Populist Examiner said. Senate to Vote on Minimum Wage: Hike Hemmed in by solid Republican opposition, the Senate seems ready to hand a fresh defeat to President Barack Obama by blocking an election-year bill increasing the federal minimum wage. Democrats, aware that the measure faces all but certain rejection Wednesday in the chamber they control, plan to use the vote to buttress their campaign theme that the GOP is unwilling to protect financially struggling families, The Associated Press reported. Too Big to Jail?: Federal prosecutors are nearing criminal charges against some of the world’s biggest banks, according to The New York Times. The credit crisis of 2008 dwarfed earlier financial busts. So far, however, only one junior executive at a Wall Street bank has been sent to prison. In the past, the New York Stock Exchange chief landed in prison after the 1929 crash. Some 1,100 people were prosecuted after the savings-and-loan scandals of the 1980s. Top executives from WorldCom, Enron, Qwest and Tyco went to prison after the tech collapse in the ‘90s exposed widespread corporate accounting scandals. Supreme Court Backs Coal Pollution Rules: The Supreme Court on Tuesday upheld the Environmental Protection Agency’s authority to regulate coal-plant pollution that wafts across state lines from 27 Midwestern and Appalachian states to eastern states, The New York Times reported. The 6-to-2 ruling is a major environmental victory for the Obama administration, which has instituted several new EPA regulations under the Clean Air Act in an effort to crack down on coal pollution. Continue reading here: sanders.senate.gov/newsroom/newswatch/043014
Posted on: Wed, 30 Apr 2014 12:48:32 +0000
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