Congressman Chuy García

@RepChuyGarcia ↗

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Last Checked Dec. 1, 2022

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Fri Oct 07 18:17:58 +0000 2022

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Congressman Chuy García @RepChuyGarcia

Megacorporations use stock buybacks to inflate the price of their own stock and pay out executives and investors, instead of using profits to pay workers a fair wage and make necessary improvements to their products. The consequences can be deadly. — PolitiTweet.org

Posted Oct. 7, 2022

Preceded By

Congressman Chuy García @RepChuyGarcia

🚨Reintroducing the Reward Work Act today with @RepPeterDeFazio @RepRoKhanna & 11 others to rein in stock buybacks that pad the pockets of executives & shareholders at the expense of workers & our economy. 🧵on their harm, how our bill fixes the problem & increases worker power — PolitiTweet.org

Posted Oct. 7, 2022

Followed By

Congressman Chuy García @RepChuyGarcia

@AbbottNews used profits to buy back its stock instead of replacing faulty equipment that experts believe caused dangerous bacteria to seep into infant nutritional products, killing 9 babies, poisoning more, and causing an ongoing formula shortage https://t.co/RWww0gApyv — PolitiTweet.org

Posted Oct. 7, 2022