MIDDAY POSTER: CEOs Boosted Their Pay While Stiffing Frontline Workers

Also: The Treasury Department clarifies rules on using stimulus funds to subsidize tax cuts, while senators’ stock trades draw scrutiny.
MIDDAY POSTER: CEOs Boosted Their Pay While Stiffing Frontline Workers

Thanks to the pandemic, 2020 proved to be a horrific year for frontline workers, many of whom had to choose between keeping their job and keeping themselves safe. Now a new report suggests the year was even worse for these employees than most people imagined, since many of their employers found ways to bend the rules to cut workers’ pay while giving big raises to their CEOs.

Also:

• Despite the right-wing backlash against Rep. Liz Cheney, she still has friends in the fossil fuel industry.

• The Treasury Department has finally issued rules designed to prevent American Rescue Plan funds from being used to subsidize tax cuts.

• U.S. Senators are found to be suspiciously adept at successful stock trading.

Photo credit: AP Photo/Ben Margot


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