The corporate-funded U.S. Chamber of Commerce has officially sued the Federal Trade Commission (FTC) today over its new rule banning noncompetes nationwide which will safeguard the right of workers to seek better opportunities and open the door for up to $488 billion in increased worker earnings over the next decade, or an estimated $524 in earning
Today, the Federal Trade Commission (FTC) announced its final rule banning noncompetes nationwide, safeguarding the right of workers across the country to seek new opportunities and opening the door for up to $488 billion in increased worker earnings over the next decade, or an estimated $524 in earnings for the average employee per year.
An Accountable.US review of new corporate political spending data from the Federal Election Commission found that in March 2024 alone big bank trade groups gave $36,000 to Republican U.S. Senators who weeks later co-sponsored a Congressional Review Act Resolution to kill the Consumer Financial Protection Bureau’s (CFPB) popular new rule capping cre
Today, Accountable.US released the following statement on the disclosures of record-breaking lobbying and spending by the pharmaceutical industry in the first quarter of 2024. The massive spending by Big Pharma comes as they attempt to buy influence in the hopes of rolling back President Biden’s historic new program to allow Medicare to finally
Late yesterday, Republican members of the House Financial Services Committee (HFSC) unanimously voted in favor of a Congressional Review Act resolution introduced by U.S. Rep. Andy Barr (R-KY-06) to block the Consumer Financial Protection Bureau’s (CFPB)’s hugely popular rule capping most credit card late fees at $8, down from a $32 average. Commit
Trump-appointed 5th Circuit Court of Appeals Judge Don Willett is poised to not recuse himself in the U.S. Chamber of Commerce’s lawsuit against the CFPB’s credit card late fee rule even though Willett’s most recent financial disclosure report lists up to tens of thousands of dollars’ worth of shares in Citigroup – a bank greatly impacted by the CF
Massive corporations raking in huge profits cry foul over being forced to pay their fair share for developing taxpayer-owned resources
On Wednesday, the House Financial Services Committee (HFSC) is expected to vote on House Joint Resolution 122, a Congressional Review Act resolution introduced by U.S. Rep. Andy Barr (R-KY-06) to block the Consumer Financial Protection Bureau’s final credit card late fee rule capping most credit card late fees at $8, down from an average of $32. A
After suing to block the Biden administration’s cost-lowering Medicare Drug Price Negotiation Program, pharmaceutical giant Johnson & Johnson announced $21.38 billion in Q1 2024 sales, exceeding Q1 2023 and bringing in $5.35 billion in profit.
A new analysis from government watchdog Accountable.US found that since January 2017, 63 percent of the U.S. Chamber of Commerce’s lawsuits challenging federal regulations were filed within district courts under the jurisdiction of the conservative U.S. Court of Appeals for the Fifth Circuit. The report comes as the U.S. Chamber has faced increased
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