Press Releases, Report
Report: Private Equity Firms That Bought Up Single Family Homes Have Spent Nearly $12M Lobbying Against Affordable Housing Reforms
Government watchdog Accountable.US released a new analysis finding several private equity and investment firms that have aggressively bought up single-family homes since the 2008 Financial Crisis have spent nearly $12 million lobbying against housing reforms that would impact their bottom lines.
Press Releases, Report
Conservative Lawmakers That Failed to Sink Key Shipping Reform Bill Took Over $300K From Sea Transport Industry
The sea transport industry has donated over $300,000 to the 42 Republican Members of Congress who voted against the bill that will help lower costs for working families.
Press Releases, Report
Top Rental Companies’ Net Income Jumps 57 Percent After Raising Rent on Vulnerable Consumers
The ten largest publicly traded apartment companies by number of units all raised rent prices and collectively saw their total 2021 fiscal year net incomes soar by 57% to nearly $5 billion.
Press Releases, Report
Major Banks That Abuse Overdraft Fees Gave Their CEOs Huge Raises and Have Histories of Consumer Mistreatment
The CEOs of Wells Fargo, JPMorgan Chase and Bank Of America have all seen double-digit percentage pay increases and lived lavish lifestyles all while their banks reaped at least $3.76 billion from exploitive overdraft and non-sufficient funds fees in 2021 and have racked up nearly $5 billion in misconduct settlements since 2020.