Unsanitized: The War on the Postal Service Continues
May 6, 2020 – The American Prospect dug into Economic Liberties’ latest Working Paper in a series on corporate power, “The Avoidable Tragedy of Low Hospital Capacity in New York City," which explains how New York City lost hospital bed capacity and outlines solutions to protect public health and well-being.
On the Federal Reserve’s Bailout of Boeing: “Boeing is now a state-backed entity.”
May 1, 2020 - The American Economic Liberties Project released the following statement in response to Boeing’s announcement that the company had issued $25 billion in investment-grade bonds, which Moody’s reported are backed by the Federal Reserve.
Bipartisan Lawmakers Demand Answers from Amazon’s Bezos, Threaten Subpoena
May 1, 2020 - The American Economic Liberties Project released the following statement in response to the House Judiciary Committee’s bipartisan letter to Amazon, which detailed Amazon's failure to adequately comply with document requests and called on Jeff Bezos to testify before the Committee to explain a pattern of misleading the Subcommittee, including when Nate Sutton, an Amazon associate general counsel and former DOJ antitrust trial attorney, apparently perjured himself last July.
Warren, Ocasio-Cortez Float Long-Shot Bid to Pause M&A in Crisis
April 28, 2020 - Executive Director Sarah Miller talked to Bloomberg Law about Senator Warren and Representative Ocasio-Cortez' bill to implement temporary merger ban and the need to curb runaway corporate consolidation.
Elizabeth Warren, Alexandria Ocasio-Cortez Want Mergers Halted Due to COVID-19
April 28, 2020 - Policy Analyst Matt Buck discussed Senator Warren and Representative Ocasio-Cortez' new bill to rein in predatory behavior from private equity firms and large corporations with Pitchbook.