THIS WEEK: Groundwork Experts to Testify in House, Senate Hearings on Inflation and Corporate Profiteering
April 5, 2022 Groundwork Collaborative
This week, Groundwork Collaborative will be sending two experts to Congressional hearings to testify to members of the House and Senate about how to address one of the major culprits behind inflation: corporate profiteering. The testimonies follow the launch of a new site, which highlights the link between corporate profiteering and rising prices.
Today, April 5, 11 a.m. ET: Lindsay Owens, Ph.D., Groundwork’s Executive Director, will testify at a Senate Budget Committee hearing entitled: “Corporate Profits are Soaring as Prices Rise: Are Corporate Greed and Profiteering Fueling Inflation?” Owens will discuss Groundwork’s research and work shining a spotlight on megacorporations taking advantage of recent crises to pad their profits at the expense of families, workers, and small businesses. (Link to video stream)
Tomorrow, April 6, 12 p.m. ET: Michael Mitchell, Groundwork’s Director of Policy and Research, will testify at a hearing of the U.S. House Select Committee on Economic Disparity and Fairness in Growth on the impact of concentrated corporate power on workers and consumers. (Link to video stream)