Reps. Welch and Markey respond to BP's decision to halt dividend payment

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RepPeterWelch | June 16, 2010 | likes, 0 dislikes

Rep. Peter Welch (D-Vt.) and Chairman Ed Markey (D-Mass.) held a press confer...

RepPeterWelch | June 16, 2010 | likes, 0 dislikes

Rep. Peter Welch (D-Vt.) and Chairman Ed Markey (D-Mass.) held a press conference Wednesday afternoon to respond to the announcement that BP will suspend its dividend and fund an independent escrow account.

Welch and Markey led House efforts calling on BP to halt the dividend payment and establish an independent account to fund compensation claims and cleanup efforts.

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