Senator Elizabeth Warren called out General Motors Co. for buying back billions of dollars in stock at a time when car prices are hitting record highs, joining Senator-elect Abdul El-Sayed in criticism of the automaker’s financial moves.
Senator Elizabeth Warren, the Democrat from Massachusetts who is set to take over as chairman of the Committee on Banking, Housing, and Urban Affairs, is trying to block General Motors from a $20 billion stock buyback plan.
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Elizabeth Warren is pressing GM over its $20 billion stock buyback plan | Since Then