Government watchdog Accountable.US released a new analysis finding several private equity and investment firms that have aggressively bought up single-family homes since the 2008 Financial Crisis have spent nearly $12 million lobbying against housing reforms that would impact their bottom lines.
The sea transport industry has donated over $300,000 to the 42 Republican Members of Congress who voted against the bill that will help lower costs for working families.
The ten largest publicly traded apartment companies by number of units all raised rent prices and collectively saw their total 2021 fiscal year net incomes soar by 57% to nearly $5 billion.
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.
Government watchdog Accountable.US released a new analysis of earnings data of the top ten U.S. apparel companies by market capitalization finding that they all raised consumer prices while collectively reporting at least $12.9 billion in increased profits during their most recent fiscal years for a total of $13.6 billion.
Ahead of the House Agriculture Committee’s hearing “An Examination of Price Discrepancies, Transparency, and Alleged Unfair Practices in Cattle Markets” where the chief executives of major U.S. meatpackers Cargill, Tyson, JBS, and National Beef Packing will be testifying, government watchdog Accountable.US released a new report.
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