A New Fed

"Most Americans would tell you that the Fed has failed at its primary job and that is to protect the safety and soundness of our financial system,” Senator Bernie Sanders told Bloomberg Radio on Tuesday. Sanders was interviewed about a letter he sent to President Obama urging him to fill three Federal Reserve vacancies with nominees “who will fight to protect the interests of the American middle class and small businesses.” The letter circulated by Sanders was signed by Sens. Jim Webb, Russ Feingold, Tom Udall, Mark Begich and Roland Burris. “We want nominees to be very strong advocates for the needs of working families and the middle class and be prepared to stand up to the abuses and outrages of Wall Street,” Sanders told The New York Times.

To listen to the Bloomberg interview, click here.

To read the Times article about vacancies at the Federal Reserve, click here

To read the letter from Sanders and other senators on Fed vacancies, click here.