Several public interest groups have joined on, including Public Citizen, Stop the Money Pipeline, Americans for Financial Reform, Ekō, and People’s Action Institute.
A coalition of unions and corporate watchdogs, including the American Federation of Teachers, Public Citizen, and Americans for Financial Reform, has launched a website and national campaign calling on investors to vote no to Musk’s new pay package at Tesla’s annual meeting on November 6.
Additional groups in the coalition include Americans for Financial Reform, the Communication Workers of America, corporate watchdog group Ekō, People’s Action and Stop the Money Pipeline.
Private equity firms have accounted for 80-90% of total data center merger and acquisition activity since 2022, according to a report by Americans for Financial Reform. Transaction values reached $73 billion in 2024, up from $26 billion in 2023, according to Synergy Research Group.
“By shutting down the CFPB, Vought is just inviting big banks, predatory lenders, and Big Tech to nickel and dime working families, who are already struggling to make ends meet under Trumpflation.”