Sanders criticizes Fed, touts Dems as “preferable' candidates for working class

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Sanders criticizes Fed, touts Dems as “preferable' candidates for working class
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Sen. Sanders says Dems are more 'preferable' candidates for working class voters in the upcoming midterms. “[A]t a time when half our people are living paycheck to paycheck, we should raise the minimum wage to a living wage. No Republicans support that.”

"I think they're hurting the situation," Sanders said of the Fed's actions. "I think it is wrong to be saying that the way we're going to deal with inflation is by lowering wages and increasing unemployment. That is not what we should be doing."

"And it is also caused by incredible corporate greed. And I hope everybody understands that when you go to the gas tank — you fill up your car today — the oil companies are making huge profits, the food companies are making huge profits," he added. "We have to deal with that issue."last week, the Fed may seek another rate hike in November.

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