Testimony: Heather Slavkin Corzo Testifies About Policies To Protect...
The message, for too long, has been that policymakers must choose between policies that protect shareholders’ interest and those that protect workers’ interests. Investors know that economic stability...
View ArticleLetter to Regulator: Petition to SEC Seeking Ban on Stock Buybacks and Strong...
Today, 19 groups sent a petition to the SEC urging the Commission to initiate a rulemaking to revise Rule 10b-18 to ban stock buybacks and protect workers. The post Letter to Regulator: Petition to SEC...
View ArticleNews Release: Groups Sign Stock Buyback Petition
“The money that is being siphoned off from earnings to increase executive bonuses doesn’t just make wealthy insiders wealthier,” said Heather Slavkin Corzo, senior fellow at Americans for Financial...
View ArticleFact Sheet: Massive Payoffs to Shareholders Laid the Groundwork for the...
The CARES Act stimulus continues a pattern of permissive regulation of large corporations that has enabled them to channel their income to providing capital payouts to wealthy shareholders and top...
View ArticleNews Release: The President’s Annual Budget Includes Critical Proposals That...
This morning, the Biden administration unveiled its annual budget, which includes a tax on households with wealth over $100 million, a 1% tax on stock buybacks, and a proposal for a three-year freeze...
View ArticleBlog: Congress Takes Historic Step to Tax Stock Buybacks
Schumer uttered those words as the Senate was on the brink of passing the Inflation Reduction Act—the compromise reconciliation bill that resulted from prolonged, heated negotiations amongst Democrats....
View ArticleNews Release: Commerce Department to Give Companies that Don’t Waste Money on...
Washington, D.C. – Commerce Department guidelines finalized today are a critical step in ensuring that public investment in chip makers is used for productive ends instead of squandered on stock...
View ArticleLetters to Regulators: Comment Letter to OMB on Uniform Guidance Relating to...
AFREF and the Institute for Policy Studies, Global Economy Project led a comment letter to the Office of Management and Budget (OMB) about its uniform guidance, which sets the boundaries around the...
View ArticleNews Release: SEC Brings Much-Needed, Long-Overdue Transparency to Stock...
The Securities and Exchange Commission (SEC) today finalized a plan to bring long-overdue transparency to the practice of companies buying back their own stock. However, the final rule weakened key...
View ArticleLetters to the Regulators: Letter in Support of Revisions to OMB Guidance for...
The Americans for Financial Reform Education Fund (AFREF), the Institute for Policy Studies, Jobs to Move America, Communications Workers of America, United for Respect, and Take on Wall Street wrote a...
View ArticleLetters to the Regulators: Letter Urging The SEC to Repropose the Stock...
Americans for Financial Reform Education Fund (AFREF) led a letter with 13 additional signatories urging the SEC to repropose the stock buybacks disclosure rule to provide investors with information...
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