Americans for Financial Reform

News Category: Blog

NYC Comptroller Pursues Lawsuit Against Tesla and Musk for Stock Plunge

Comptroller Lander aims to hold Musk and his board accountable while Republican financial officers are blaming protestors. by Natalia Renta In the wake of recent Tesla Takedown protests at hundreds of dealerships across the country, financial officers on both sides of the political aisle weighed in on how to address Tesla’s tanking share price. New York City

Blog: Tesla and the Case of the Dueling Financial Officers

In the wake of last weekend’s Tesla Takedown’s day of action at hundreds of dealerships across the country, financial officers on both sides of the political aisle weighed in on how to address Tesla’s tanking share price. New York City Comptroller Brad Lander called for accountability from Elon Musk and Tesla’s board of directors;

Blog: Tech Oligarchs Overhaul Delaware Corporate Law in Bid to Consolidate Power Over Us

While Elon Musk attacks federal agencies’ ability to protect us from the worst excesses of corporate power, a little known Musk initiative sailed through the Delaware legislature this week. Delaware’s corporate law drew Musk’s ire when its well-regarded Court of Chancery sided with Tesla shareholders and tossed out his $56 billion pay package.

Blog: Republicans Take Aim at Families Struggling with Medical Debt

This week, Republicans in Congress introduced a resolution to undo a Consumer Financial Protection (CFPB) rule that prevents medical debt from capsizing people’s credit scores. More than 100 million people have medical debt and it shows up on the credit reports of 15 million people.