Economic Liberties Board of Directors Names Faiz Shakir Interim Executive Director and Nidhi Hegde Managing Director
March 15, 2023 — The American Economic Liberties Project’s Board of Directors today announced that Faiz Shakir has been named Economic Liberties’ Interim Executive Director. The Board also announced that Economic Liberties’ Nidhi Hegde has been promoted to Managing Director.
STB Fails to Protect Local Communities, Workers, and Our Supply Chain
March 15, 2023 — In response to news that the Surface Transportation Board has approved a merger between two of the largest railroads, Canadian Pacific and Kansas City Southern, the American Economic Liberties Project released the following statement.
Novo Nordisk Cuts Insulin Prices Thanks to Pressure From FTC, Biden Admin, and Patient Advocates
March 14, 2023 — Following policy pressure from the FTC, others in the Biden administrations, and patient advocates, along with similar actions from peer company Eli Lilly, insulin producer Novo Nordisk today announced they would cut the price of their diabetes treatment up to 75%. In response, the American Economic Liberties Project released the following statement.
A Silicon Valley Bank Bailout is Not Necessary
March 12, 2023 — Amid reports that officials at the Treasury Department, Federal Reserve, and Federal Deposit Insurance Corporation are considering bailing out Silicon Valley Bank (SVB) depositors if the FDIC is unable to sell SVB to another, healthy financial institution, the American Economic Liberties Project’s Research Director, Matt Stoller, issued the following statement.
Economic Liberties Applauds DOJ for Blocking JetBlue-Spirit Merger, Urges DOT to Join in Protecting Passengers, Workers & Communities
March 7, 2023 — In response to news that the U.S. Department of Justice Antitrust Division today filed suit to block JetBlue Airlines’ $3.8 billion acquisition of rival Spirit Airlines, the American Economic Liberties Project released the following statement.