30+ Groups Urge Congress to Expand Coronavirus Relief for People, Not Corporations
July 23, 2020 — Economic Liberties and progressive partners sent a letter to House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer, urging them to incorporate the Paycheck Recovery Act and the Pandemic Anti-Monopoly Act in the next COVID-19 relief package.
Federal Reserve Must Block Morgan Stanley-E*Trade Merger
July 22, 2020 — Economic Liberties and progressive partners sent a letter to Federal Reserve Chairman Jerome Powell encouraging him to reject Morgan Stanley’s proposed acquisition of E*Trade Financial Corporation for reasons related to financial stability, competition, and general compliance failures.
Democracy Journal: End Monopoly Power
July 14, 2020— In an exclusive piece for Democracy Journal, Economic Liberties’ Executive Director Sarah Miller explains how the rise of monopolies has contributed to wealth inequality, and why combatting concentrated economic power is essential for protecting our democracy.
American Compass: Moving The Chains
June 8, 2020—Economic Liberties’ Research Director Matt Stoller wrote in the American Compass about the relationship between consolidation and lost production capacity, explaining the importance of bringing back critical supply chains —including those for medical supplies and medicine.
The Hill: Rethinking the Fed
May 27, 2020 - Economic Liberties’ Senior Fellow Graham Steele described how the Federal Reserve is using its power to usher support to Wall Street and large corporations, preserving a status quo that marginalizes the needs of millions of Americans, in The Hill.