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Wholesale inflation has topped 4% for eight straight months, with continued price hikes on the horizon.
New York City Council moves to protect New Yorkers from predatory pricing schemes while Governor Hochul holds up statewide protections.
The corporate watchdog and economic think tank’s recent hires bring new legal and digital firepower to its work to expose Fortune 500 companies gouging working families and plot the future of progressive economic policy.
The document, compiled by progressive nonprofit advocacy group Groundwork Collaborative, singles out roughly 100 companies as “high-value oversight targets” that it alleges donated to or have documented ties to the Trump administration. Most of the companies fall into three buckets: Big Tech and AI; health care, including pharmaceutical and insurance companies; and oil and gas companies, which Groundwork accuses of profiting off of the Iran war.
“We were pretty worried that we were going to repeat the same mistake of 2019, where Democrats came with a big new majority ... and they spent a year-plus on impeachment,” Alex Jacquez, a senior vice president of policy, advocacy and research at Groundwork Collaborative, a progressive think tank, told CNBC on Thursday.
Groundwork Collaborative's dossier, obtained and analyzed by Fox News Digital, maps Trump donors and corporate allies for potential Democratic congressional investigations. Leaders in big tech and CEOs of large corporations are likely to be among the targets of the anti-Trump crusade.
A memo from the Groundwork Collaborative, a think tank, noted that large tech companies, private-prison corporations and natural gas firms would be “high-value” targets because of what they may have given Trump, what they may have received, and what kind of behavior they may have engaged in, the memo noted. The Washington Sun earlier reported the document.
With a Democratic majority, that “should be the first thing on the docket,” along with a proposal to revoke Trump’s tariff policies, said Elizabeth Pancotti, the vice president of policy, advocacy and research at Groundwork Action, the advocacy arm of the left-leaning think tank Groundwork Collaborative.
Lindsay Owens, executive director of progressive think tank Groundwork Collaborative, is a prominent voice arguing that fighting the effects of corporate greed should be a central pillar of Democrats’ economic agenda.
The document, drafted by the think tank Groundwork Collaborative and reviewed by The Washington Sun, argues that the party should respond to the results of the election by aggressively probing large corporations, including the biggest tech giants, artificial intelligence labs, natural gas firms, private prisons and nursing home operators, among dozens of others.