'The American people,' said SenSanders, 'are sick and tired of being forced to pay outrageously high prices for gas, rent, and food while large corporations make out like bandits.'
Friday that next week he will hold a hearing to expose how corporate profiteering in the midst of multiple global crises is driving inflation.
The event—entitled"Corporate Profits Are Soaring as Prices Rise: Are Corporate Greed and Profiteering Fueling Inflation?"—is scheduled for April 5 at 11:00 am ET and will follow his"Let me be clear," Sanders said in a statement."The American people are sick and tired of corporate greed. They are sick and tired of being ripped off by corporations making record-breaking profits.
"CEOs can't stop bragging on corporate earnings calls about jacking up prices on consumers to keep their profits soaring," Lindsay Owens, executive director at the Groundwork Collaborative, said in a statement about the analysis."These megacorporations are cashing in and getting richer—and consumers are paying the price."
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