New York Coalition Criticizes Gov. Hochul for Caving to Wall Street in Vetoing Non-Competes Ban
December 22, 2023 — Gov. Kathy Hochul is planning to veto a historic bill that would have banned non-compete clauses for most workers in New York State. A coalition made up of of workers’ rights organizations, unions, economic experts, and health and tech groups released the following statements:
CFPB is Ending the Credit Card Late Fee Frenzy, Saving Americans Billions
December 20, 2023 — As the CFPB finalizes a rule to close a decade-old regulatory loophole that has allowed credit card issuers to extract billions of dollars in excessive late fees from working Americans, the American Economic Liberties Project today released a new report, “Closing the Late Fee Loophole: How the CFPB is Combating Credit Card Junk Fees.”
CNBC: Billions are on the line for lenders as White House finalizes credit card late fee cap
December 20, 2023 — Economic Liberties' policy brief is featured in a report on the CFPB's new credit card late fees rulemaking.
FTC and CA AG Succeed in Stopping Further Hospital Consolidation in California
December 18, 2023 — In response to news that John Muir Health has abandoned its proposed $142.5 million acquisition of San Ramon Regional Medical Center amid scrutiny from the Federal Trade Commission (FTC) and California Attorney General Rob Bonta, the American Economic Liberties Project released the following statement.
Washington Post: Transportation Department fines Southwest $140 million for Christmas meltdown
December 18, 2023 — William McGee is quoted in coverage of the Department of Transportation's record-breaking and unprecedented enforcement action against Southwest Airlines for its 2022 Christmas meltdown.