Elizabeth Warren presses GM over $20 billion stock buyback plan

Elizabeth Warren blasts GM over $20 billion buyback plan

Sen. 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 Warren Versus GM Shareholders

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.The post Senator Warren Versus GM Shareholders appeared first on .

Elizabeth Warren presses GM over $20 billion stock buyback plan

The Massachusetts Democrat, set to chair the Senate Banking Committee in January, cited price increases and layoffs at GM