Hearing: Examining Corporate Priorities: The Impact of Stock Buybacks on Workers, Communities, and Investors

Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets (Committee on Financial Services)

Thursday, October 17, 2019 (10:00 AM)

2128 RHOB
Washington, D.C.

Witnesses

Mr. Jesse Fried
Professor of Law, Harvard Law School

Added 10/11/2019 at 12:16 PM
  • Witness Testimony [PDF] Added 10/16/2019 at 04:56 PM
  • Truth in Testimony [PDF] Added 10/16/2019 at 04:56 PM

Ms. Lenore Palladino
Senior Economist and Policy Counsel, Roosevelt Institute

Added 10/11/2019 at 12:16 PM
  • Witness Testimony [PDF] Added 10/16/2019 at 04:56 PM
  • Truth in Testimony [PDF] Added 10/16/2019 at 04:56 PM

Ms. Janie Grice
United for Respect at Walmart

Added 10/11/2019 at 12:16 PM
  • Witness Testimony [PDF] Added 10/16/2019 at 04:56 PM
  • Truth in Testimony [PDF] Added 10/16/2019 at 04:56 PM

Mr. Derik Coffey CFA
Portfolio Specialist, Channing Capital Management

Added 10/11/2019 at 12:16 PM
  • Witness Testimony [PDF] Added 10/16/2019 at 04:56 PM
  • Truth in Testimony [PDF] Added 10/16/2019 at 04:56 PM

Mr. Craig Lewis Ph.D.
Madison S. Wigginton Professor of Finance and Professor of Law, Vanderbilt University

Added 10/15/2019 at 01:36 PM
  • Witness Testimony [PDF] Added 10/16/2019 at 04:56 PM
  • Truth in Testimony [PDF] Added 10/16/2019 at 04:56 PM

Text of Legislation

  • H.R. 3355: Reward Work Act [PDF] Added 10/11/2019 at 12:16 PM
  • H.R.___: Stock Buyback and Worker Dividend Act [PDF] Added 10/11/2019 at 12:16 PM
  • H.R.___: To amend the Securities Exchange Act of 1934 to require issuers to disclose to the SEC the details of any repurchase plan for an equity security, to prohibit such a repurchase unless it is approved by the Commission, and for other purposes [PDF] Added 10/11/2019 at 12:16 PM
  • H.R.___: Stock Buyback Disclosure Improvement Act [PDF] Added 10/11/2019 at 12:16 PM

Support Documents

  • Hearing Notice [PDF]
  • Hearing Memo [PDF] Added 10/11/2019 at 12:16 PM Updated 10/15/2019 at 01:36 PM
    Updated 10/16/2019 at 05:06 PM

First Published: October 10, 2019 at 01:24 PM
Last Updated: October 16, 2019 at 05:06 PM