I’m calling on SEC Chairman Clayton to open a public comment period to review the SEC’s current rules around stock buybacks, which haven’t been updated in over a decade.pic.twitter.com/2k0cQQ0yAc
Show this thread
So far this year, corporations have announced more than $480 billion in stock buybacks, overwhelmingly benefiting top executives and wealthy shareholders, and leaving middle class workers behind.
-
-
It’s just wrong for big corporations to pocket massive, permanent tax breaks and reward the wealth of top executives with more stock buybacks, while giving workers pink slips and outsourcing jobs. We should
#RewardWork, not just wealth.Show this thread -
SEC must revisit its rules around stock buybacks to ensure that corporate executives are not boosting the sales of their own stock while ignoring the needs of their companies’ workers. We need an economy that works for workers & not just those at the top. https://www.baldwin.senate.gov/press-releases/public-review-of-outdated-stock-buyback-rules …
Show this thread
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.