Accusing some corporations of putting shareholders and executives before workers, Senate Majority Leader Chuck Schumer, D-N.Y., and Senator Bernie Sanders, I-Vt., plan to introduce legislation putting restrictions on which companies can buy back stock.
Schumer and Sanders announced their plan in an op-ed published in the New York Times on Sunday, although the proposal is not likely to gain much traction in the Republican-controlled Senate.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.