We need to change the rules so that the needs of workers, customers, communities, and the planet are a part of the equation.
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Updates
Led by Texas AG, Red States Lock in Another Win for Corporate Insiders
The move shifts power from large asset managers to corporate insiders By: Natalia Renta Vanguard settled a lawsuit Texas and ten other red states brought alleging the largest asset managers in the world undermined the coal industry in violation of antitrust laws. Even though many legal experts have criticized these types of arguments, Vanguard caved,
AFR in the News
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Senator Jeff Merkley: New Merkley, Raskin Legislation Bans Gambling on Elections, Sports, War, and Government Activity
“Prediction markets have turned democracy itself into a casino by allowing gambling on American elections, government actions, or military intervention,” said Patrick Woodall, managing director at Americans for Financial Reform. “Government officials should not be able to leverage their access to confidential information to game prediction markets and unfairly enrich themselves. The STOP Corrupt Bets…
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401k Specialist: ERISA Litigation Reform Act Advances to House Floor
Scott also introduced into the record two letters arguing against the legislation—one from several former Department of Labor officials who worked in both Democratic and Republican administrations, and another from organizations including the Alliance of Retired Americans, Americans for Financial Reform, Committee for a Fiduciary Standard, Economic Policy Institute, National Committee to Protect and Preserve…
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Congresswoman Ayanna Pressley: Pressley Unveils Legislation to Mandate Disclosures to Hold Big Banks Accountable, Demands SEC Require Reports in Interest of Investors
The GSIB Act is endorsed by Americans for Financial Reform, Public Citizen, National Community Reinvestment Coalition, Rise Economy, Fair Finance Watch, and Action Center on Race and the Economy.
