'Let's make that the law': Elizabeth Warren challenges Jamie Dimon and Business Roundtable over accountable capitalism pledge

  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Sen. Elizabeth Warren took Jamie Dimon and the Business Roundtable to task over the business association's August commitment to 'redefine' the purpose of a corporation.

The Accountable Capitalism Act would require companies with more than $1 billion in yearly revenue to obtain federal charters from a newly created Office of United States Corporations. It would require 40% of corporation directors to be selected by employees and add new restrictions on stock sales by directors and officers."They'll say they're going to do it on their own, and they may make some adjustments," Warren said.

Warren is in third place in national surveys after dropping behind Sanders in the polls last month. Former Vice President Joe Biden is the front-runner.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

To get ready for the next Democratic debate, they're currently installing an air bag in Warren’s podium.

Native American Warren sure is smart! Is there an area of our society she cant fix?

Maybe he could shed some light on CEO pay

Milton Friedman is still right.

She is greedy corporate America's nightmare

Get out the snake oil. Her comes warren new bs

Last in the polls, why waste the air time with more liberal bullshit

United States United States Latest News, United States United States Headlines