Today, the Federal Reserve announced that it was raising interest rates for the first time since 2006. Sen. Bernie Sanders, who is challenging Hillary Clinton for the Democratic presidential nomination, was not happy with the decision.
In a statement, Sanders, a democratic-socialist who has in the past run as an independent, issued the following statement on his Senate website:
This isn’t the first time Sanders has talked about interest rates. In September he put out a statement saying essentially the same thing when the Fed did not adjust interest rates.
Sanders stance on the issue is in keeping with his campaign theme, which is to do anything to help the middle class, oftentimes at the expense of financial institutions.
This article originally appeared on Fortune.com
More Must-Reads from TIME
- How Donald Trump Won
- The Best Inventions of 2024
- Why Sleep Is the Key to Living Longer
- Robert Zemeckis Just Wants to Move You
- How to Break 8 Toxic Communication Habits
- Nicola Coughlan Bet on Herself—And Won
- Why Vinegar Is So Good for You
- Meet TIME's Newest Class of Next Generation Leaders
Contact us at letters@time.com