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The 2017 Pension Political Power 25: Bernie Sanders

No. 24. Bernie Sanders, U.S. Senator

  • By Peter Vasiliev

24. Bernie Sanders
U.S. Senator

A longtime socialist congressman from Vermont, Bernie Sanders catapulted to national fame with his 2016 bid to become the Democratic presidential candidate. He garnered support in the Rust Belt states, which defied their traditional patterns to provide the swing votes that put Donald Trump in power. Sanders’ strength among these Trump backers makes him the most important voice in the populist opposition to the GOP in the Senate, which he joined in 2007. Though Sanders caucuses with the Democrats, his socialist views have often put him at odds with the party’s mainstream — as he was in 2015, when he introduced a bill to reverse the effects of the 2014 Kline–Miller Multiemployer Pension Reform Act, which is set to result in deep pension cuts for retirees and workers in struggling multiemployer corporate pension plans. Sanders, 75, is expected to reintroduce that legislation. In the 2017–’18 Congress, he will be the ranking member of the powerful Senate Committee on the Budget, where the Pension Guaranty Benefit Corp. is likely to be on the chopping block. — Michelle Celarier


The 2017 Pension Political Power 25

1. Andy Puzder
Secretary of Labor
2. Bruce Rauner
Governor of Illinois
3. Betsy DeVos
Secretary of Education
4. Laura & John Arnold
Founders,
Laura and John Arnold Foundation
5. Steven Mnuchin
Secretary of the Treasury
6. Wilbur Ross
Secretary of Commerce
7. Tani Cantil-Sakauye
California Chief Justice
8. Paul Ryan
Speaker of the House
9. Anthony Scaramucci
Founder, SkyBridge Capital
10. Kevin de León
California State Senator and President Pro Tempore
11. Mike Enzi
Chairman, Senate Subcommittee on Primary Health and Retirement Security
12. Steve Sweeney
President,
New Jersey State Senate
13. Jerry Brown
Governor of California
14. Corey Lewandowski
Co-founder, Avenue Strategies
15. Paul Singer
President,
Elliott Management Corp.
16. Randel Johnson
Senior Vice President, Labor, Immigration, and Employee Benefits, U.S. Chamber of Commerce
17. Joe Manchin
U.S. Senator
18. Kenneth Feinberg
Founder and managingpartner, Feinberg Rozen
19. Scott Walker
Governor of Wisconsin
20. Richard Trumka
President, AFL-CIO
21. Mike Rawlings
Mayor of Dallas
22. Elizabeth Warren
U.S. Senator
23. Kent Mason
Partner,
Davis & Harman
24. Bernie Sanders
U.S. Senator
25. Randi Weingarten
President, American Federation of Teachers

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