The #AccountableCapitalismAct would also require that all corporation political expenditures be approved by at least 75% of shareholders & directors.

The #AccountableCapitalismAct would would mandate that at least 40% of a corporation’s board of directors be chosen directly by employees & would restrict corporate directors/officers from selling stocks within 5years of receiving the shares or 3 years within a company stock buyback.

#SenElizabethWarren will introduce the #AccountableCapitalismAct which proposes a series of reforms to increase corporate responsibility/strengthen the voices of workers & others in corporate decisionmaking/shift companies away from their focus on shareholders.

Elizabeth Warren introduces Senate bill to hold capitalism ‘accountable’ Democrat aims to shift corporations away from maximizing shareholder value to support for workers and stakeholders

The #AccountableCapitalismAct proposes a series of reforms to increase corporate responsibility, strengthen the voices of workers and others in corporate decisions and shift companies away from their focus on shareholders.
www.theguardian.com/us-news/2024...