Low-Wage Employers Spent Billions Inflating CEO Pay Through Stock Buybacks
President Biden has the power to crack down on executive excess by imposing new CEO pay and buyback restrictions on federal contractors.
Sarah Anderson
Biden Budget Pushes Back Against CEO Pay-Inflating Buybacks
The proposal includes restrictions on insider stock sales and an excise tax designed to dampen the buyback spree.
Wall Street Bonuses Soar By 20%, Nearly 5 Times the Increase in US Average Weekly Earnings
If the minimum wage had increased as much as Wall Street bonuses since 1985, it would be worth $61.75 today.
Progressive Caucus Urges Biden to Use 55 Tools in His Executive Action Toolbox
The recommendations would reduce inequality by setting high-road standards for federal contractors, closing tax loopholes for the rich, canceling student debt, cracking down on price-gougers, and building worker power.