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Mandela Barnes: “The problem also is when you have a publicly traded utility…”

Featuring: Mandela Barnes, Democratic | Former Candidate, U.S. Senate Wisconsin

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Can a Governor freeze energy rates? Mandela Barnes explains his proposal

Published | Video Starts at 05:16

Shouldn't we also be asking the folks who have received six figure bonuses to also feel some of that pain? I think that should be shared by everybody. And The problem also is when you have a publicly traded utility company, the interest is in that of the shareholder and not the ratepayer. And, and people are paying again, like I said, more and more for everything. And we'll never get out of this affordability crisis if we keep making excuses for the folks who've gotten over on all of us and continue to do so. (05:16–05:27)

CLAIM

Asserts that publicly traded utility companies prioritize shareholder interests over ratepayer interests.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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