A diverse group of state officials and economists is urging Congressman
Peter Welch to support an economic stimulus package that includes a wide variety of
projects.
Congressman Peter Welch says he supports the idea of allowing the Treasury Department to
take a partial ownership stake in a number of private banks to help
open up national credit markets.
Congressman Peter Welch talks with VPR’s Bob Kinzel about last week’s bailout vote and what steps he thinks are needed to restore consumer confidence in the national economy.
Progressive candidate Thomas Hermann says Congressman Peter Welch was
wrong to vote for the legislation. But Welch says the bill is an
important first step to help restore the country’s financial system.
Vermont Fish and Wildlife Department works to control a non-native species that preys on Lake Champlain fish; Peter Welch has some questions for executives of the insurance company American International Group; more…
Peter Welch has faced the question of whether to support the latest version of the federal bailout of the financial industry; Former Vermont federal prosecutor George Terwilliger says the Justice Department should drop its criminal investigation of Alberto Gonzales;
Earlier this week, Congressman Peter Welch voted against the bail out plan because he was
concerned that it placed too great a burden on taxpayers. Welch says he needs to balance several factors as he decides how he’ll vote on the amended bill.
Senator Patrick Leahy says he won’t vote for the bill unless it includes new
protections for taxpayers and some new oversight of the financial
industry.