Political Quotes

Peter Welch: “The point of our legislation I think was to acknowledge that the futures market is absolutely essential for end-users…”

On the recordFebruary 28, 2012
The point of our legislation I think was to acknowledge that the futures market is absolutely essential for end-users, but that to the extent it is manipulated by Wall Street speculators, it is for their benefit at the expense of consumers in the productive economy.
Said by
Peter Welch
Democratic · Vermont

Editor's note · Context

Welch emphasizes the importance of futures markets while criticizing Wall Street speculation harming consumers.

Share

More from Peter Welch

Aug 22, 2026

Do the right thing. Reverse your decision to idle the St. Albans plant and creamery.

sanders.senate.gov
Aug 28, 2026

Israeli military and police forces are a leading perpetrator of deadly violence against American civilians—including 9 killed since 2022. Too often there are no serious investigations and there is no accountability after violent attacks…

vanhollen.senate.gov
Aug 22, 2026

DFA has a responsibility to the workers, farmers, and community members who have built and supported this facility for generations.

sanders.senate.gov
Aug 22, 2026

This decision will have a devastating impact on your workers, their families, Vermont dairy farmers, and the entire St. Albans community.

sanders.senate.gov

Other voices in this conversation