Press Releases, Report

Major Banks That Abuse Overdraft Fees Gave Their CEOs Huge Raises and Have Histories of Consumer Mistreatment

Economic Security and Corporate Power
May 24, 2022

The CEOs of Wells Fargo, JPMorgan Chase and Bank Of America have all seen double-digit percentage pay increases and lived lavish lifestyles all while their banks reaped at least $3.76 billion from exploitive overdraft and non-sufficient funds fees in 2021 and have racked up nearly $5 billion in misconduct settlements since 2020.

Press Releases

These Corporations Rolled Out New Surcharges After Posting Billions in Net Income

Economic Security and Corporate Power
May 15, 2022

Online retail giant Amazon announced a 5% fuel inflation surcharge for its sellers on the heels of the company hiking Prime subscription prices. The new fees come despite the corporation boasting $33 billion net income for the 2021 fiscal year, a staggering $12 billion increase.

Press Releases

Home Depot Shareholder Proposal Proxy Memo Condemns Donations to Election Objectors That Contradict The Company’s Stated Values

Corporate Values and Democracy
May 12, 2022

A Home Depot shareholder proposal has been submitted to the SEC requesting that the company publishes a report, at least annually, “analyzing the congruence of political and electioneering expenditures during the preceding year against publicly stated company values and policies.”

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