Press Releases

Pharma Giants Opposed to Cost-Lowering Biden Initiative Brag of Billions in Revenue

Economic Security and Corporate Power
April 25, 2024

Bristol Meyer Squibb, AstraZeneca, and Merck—three pharmaceutical giants suing to stop the Biden administration from lowering drug prices through the Inflation Reduction Act—posted $40.33 billion in combined Q1 2024 revenue today. Earlier this week government watchdog Accountable.US spotlighted excessive spending and lobbying by the pharmaceutical

Press Releases

Watchdog: Yet Again, U.S. Chamber Went Judge Shopping in Conservative 5th Circuit Territory to Keep Workers From Getting a Raise

Economic Security and Corporate Power
April 24, 2024

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

Press Releases

Watchdog: New FTC Rule Would Boost Earnings for Millions of Americans Despite Industry Objections

Economic Security and Corporate Power
April 23, 2024

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.

Press Releases

Analysis: Senate Republicans Took Big Checks From Big Banks Weeks Before Co-Sponsoring Resolution to Protect $41 Credit Card Late Fees

Economic Security and Corporate Power
April 23, 2024

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

Press Releases

New Reports Show Massive Big Pharma Influence-Peddling to Stop President Biden’s Medicare Drug Price Negotiation

Economic Security and Corporate Power
April 22, 2024

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

Press Releases

Financial Committee Republicans Put Big Bank Donors Before Consumers in Vote to Block Credit Card Late Fee Cap

Economic Security and Corporate Power
April 18, 2024

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

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