Treasury Department

@USTreasury ↗

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Last Checked Aug. 8, 2022

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Mon Mar 07 20:34:21 +0000 2022

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Treasury Department @USTreasury

A new Treasury report on competition shows that employer concentration and anti-competitive practices in the American labor market have lowered wages for workers and reduced their power in the marketplace. https://t.co/hbGtzfmYnF — PolitiTweet.org

Posted March 7, 2022

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Treasury Department @USTreasury

ICYMI: Under Secretary for Domestic Finance Nellie Liang penned an op-ed in the Washington Post on stablecoins. https://t.co/AVHIVx9Vgr — PolitiTweet.org

Posted March 7, 2022

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Treasury Department @USTreasury

The report estimates that lack of competition causes wage declines of ~20% for workers relative to what they’d otherwise earn, and discusses how firms restrain competition using NDAs, mandatory arbitration, pay secrecy, and other means. — PolitiTweet.org

Posted March 7, 2022