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Salon
Salon
Politics
Jessica Corbett

EXPLAINED: Bernie links inflation to profiteering - The Real Truth

U.S. Sen. Bernie Sanders (I-VT), Chairman of the Senate Budget Committee, questions Director of the Office of Management and Budget (OMB) Shalanda Young during a hearing at the Dirksen Senate Office Building on March 30, 2022 in Washington, DC. Kevin Dietsch/Getty Images

U.S. Senate Budget Committee Chair Bernie Sanders announced 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 introduction last week of the Ending Corporate Greed Act.

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