Washington, DC, June 29, 2020— A new compilation of regulatory enforcement actions shows that states have collected more than $17 billion in penalties from financial services companies over the past two decades. Most of that sum comes from cases brought by New York State against major U.S. and foreign banks.
Good Jobs First Executive Director Greg LeRoy today issued the following statement: Secretary Mnuchin's announcement is wrong by every measure and must not stand.
Good Jobs First stands with all of those demanding permanent systemic change to policing, criminal justice and all other forms of institutionalized racism. We owe the families and loved ones of all those killed, brutalized and denied every form of equality for the past 401 years nothing less.
Black Lives Matter. And equal economic opportunity for Black Americans is one critical solution.
Washington, DC, May 11, 2020—Covid Stimulus Watch, the website created by Good Jobs First to help monitor CARES Act aid to corporations, has just grown tenfold with the addition of 5,000 entries involving healthcare providers. The new entries are an enhanced version of a recipient list posted late last week by the Department of Health and Human Services for the Provider Relief Fund created by the CARES Act.
Washington, DC, May 4, 2020--Among the limited number of corporations yet known to have been awarded federal loans under the Paycheck Protection Program, at least 16 pay their workers less than the national median household income level. Five pay so wages to low they fall below the poverty line for a family of four.