The Week in Review

Nike headquarters in Oregon was an unusual place to make the case for another job-killing trade deal, but that’s what President Obama did on Friday. Sen. Bernie Sanders rebutted the president’s claims about the supposed benefits of the 12-nationTrans Pacific Partnership. “The president at Nike headquarters told us that every trade union in America is wrong, that progressives working for years for working families are wrong and that corporate America, the pharmaceutical industry and Wall Street are right. I respectfully disagree,” Sanders said. “This trade agreement would continue the process by which we have been shipping good-paying American jobs to low-wage countries overseas and continue the race to the bottom for American workers.” Earlier in the week, Sanders on Wednesday introduced legislation to break up “too-big-to-fail” banks. At a Capitol news conference, he discussed why taxpayers shouldn’t be on the hook for another big bank bailout. In the Senate chambers on Tuesday, Sanders made the case against a Republican budget blueprint that would throw 27 million Americans off health insurance, raise taxes on working families with children while cutting them for a handful of heirs to the superrich. The Republican-controlled Senate passed the resolution on a party-line vote. The Labor Department on Friday said unemployment in April was 10.8 percent using the broadest measure of joblessness, which counts those forced to settle for part-time work and those who have given up hunting for a job.

Watch Sanders discuss Obama at Nike headquarters on MSNBC

Watch Sanders Sunday on Face the Nation

Just Don’t Do It

Sanders on Wednesday asked President Obama to cancel the meeting with executives of the athletic shoe maker. Nike has taken advantage of free-trade agreements – similar to proposed new pact which Obama is touting – to offshore tens of thousands of American jobs to Vietnam and other low-wage countries, Sanders explained in a letter he sent to the president. ''Nike epitomizes why disastrous, unfettered free-trade policies during the past four decades have failed American workers, eroded our manufacturing base and increased income and wealth inequality in this country,'' Sen. Bernie Sanders wrote in a letter to President Obama questioning his trip on Friday to ground zero in the American war over free trade. Read more here. 

Court Rules NSA Spying Illegal

Sanders on Thursday welcomed a federal appeals court ruling that the National Security Agency does not have the legal authority to collect and store data on all U.S. telephone calls. Legislation proposed by Sanders in 2013 would have put limits on what records may be searched. Under his proposal, authorities would be required to establish a reasonable suspicion, based on specific information, in order to secure court approval to monitor business records related to a specific terrorism suspect. Read more here.

Nuclear Agreement with Iran 

Thursday, the Senate approved legislation giving Congress a chance to review a nuclear deal with Iran. “This bill gives the Obama administration the tools it needs to use diplomacy to stop Iran from developing a nuclear weapon,” Sanders said. “President Obama should be congratulated for working with the United Kingdom, France, Germany, Russia and China to stop Iran from developing a nuclear weapon and attempting to avoid another never-ending war in the Middle East.”

Disastrous Republican Budget

Sanders on Tuesday urged the Senate to reject a Republican budget that would throw 27 million Americans off health insurance, slash $5 trillion over the coming decade from programs that help working families, cut taxes on the superrich and raise them on working families with kids, and boost Pentagon spending by $38 billion next year. The House approved the non-binding blueprint last week.  The ranking member of the Senate Budget Committee, Sanders laid out the budget’s ugly details in a Senate floor speech on Tuesday, calling it "an absolute disaster for the working families of this country." Watch the speech here.

Break up Big Banks

Sanders on Wednesday introduced legislation to break up the nation’s biggest banks in order to safeguard the economy and prevent another costly taxpayer bailout. Rep. Brad Sherman proposed a companion bill in the House. “No single financial institution should have holdings so extensive that its failure could send the world economy into crisis,” Sanders said. “If an institution is too big to fail, it is too big to exist.” The biggest banks in the United States are now 80 percent bigger than they were one year before the financial crisis in 2008 when the Federal Reserve provided $16 trillion in near zero-interest loans and Congress approved a $700 billion taxpayer bailout. Read more here.