Fund the Fight to Stop Greedy Corporate Stock Buybacks by CHIPS Act Grantees Now >>
Thank you for taking action to support the ban on stock buybacks for CHIPS Act grant recipients. Your voice is crucial in this fight to ensure taxpayer dollars are used to strengthen our semiconductor industry and create good jobs, not to enrich executives and wealthy shareholders.
Intel’s CEO recently announced that the company had been awarded $3 billion in CHIPS funding from the federal government, not long after it also laid off 15,000 workers and spent over $30 billion on stock buybacks to enrich its executives. The semiconductor industry spends millions and deploys armies of lobbyists to influence policymakers. We need your help to counter their corporate greed and ensure this vital protection becomes a reality.
As we mobilize grassroots support for strong protections against stock buybacks, we can counter the misleading ads and lobbying efforts of the semiconductor industry.
Your support is invaluable in this fight against corporate greed. Together, we can ensure that public investments benefit working families and communities, not corporate executives and wealthy shareholders.
Contribute to Americans for Financial Reform and power our campaign to protect CHIPS Act taxpayer dollars from greedy corporate stock buybacks now!
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