Rubio promises anti-buyback bill 'soon,' but says he still supports free market over socialism

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

United States News News

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

In a tweetstorm that began in late-morning, he ripped into the culture that goes along with the drive to repurchase shares.

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.

Why is Rubio now back peddling? Before the GOPTaxScam passed both in house & in senate, it was well known that companies will do a stock buy back. Attaboy!

Talking like true Democrat! ... talking about company buybacks ?!... like we don’t get enough of that from Warren & rest of the far Left..

What expertise does Marco Rubio possibly have re Corporate buybacks?

He couldn't define socialism.

Pathetic.

Typical republicanism say one thing do another.

So he will stop subsidies to companies and farmers then. Or is it only socialism when it helps individuals

I like Rubio, but if he has to specify he supports free market over socialism, maybe it's time for a party change

Stock buybacks are a simple accounting adjustment. Forcing companies to use their surplus cash in a certain way isn't socialism, it is communism.

Can't say I really follow. Politicians are making out like buybacks only help billionaires, but everyone's retirement funds in stocks would have been down another 6% last year alone without them. If you want higher pay, why not address that directly?

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

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks to open higher | Tentative border compromise | Rubio's buyback crackdownA tentative government funding deal and optimism over China trade talks are helping boost futures this morning.
Source: CNBC - 🏆 12. / 72 Read more »