The Finance 202: Elizabeth Warren takes on corporate giants as she lays 2020 marker - News Summed Up

The Finance 202: Elizabeth Warren takes on corporate giants as she lays 2020 marker


(AP Photo/Gerald Herbert)Sen. Elizabeth Warren is keeping Wall Street centered in her sights as she lays the policy foundation for a potential presidential bid. The bill, called the Accountable Capitalism Act, won’t win Warren new fans in C-suites. But only fair markets, markets with rules.”Her new bill would force companies with more than $1 billion in annual revenue to secure a charter from an Office of United States Corporations, which the measure would establish in the Commerce Department. But Sonnenfeld says Warren misses the mark in targeting the behavior of boards and management when the fault lies elsewhere. — Corker revives tariffs bill.


Source: Washington Post August 16, 2018 12:23 UTC



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