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Sen. Brown Slams Banks For Cutting Jobs, Raising Exec Pay

Law360 (May 8, 2018, 7:56 PM EDT) -- Sen. Sherrod Brown, D-Ohio, sent letters to the chief executive officers of six major banks, including Bank of America and JP Morgan Chase, asking them to provide the public with detailed plans to reinvest in American workers during “this golden age of profitability,” the lawmaker said Tuesday.

Brown pointed in his letters to a joint report from the Communications Workers of America and the Committee for Better Banks that found that the largest banks in the U.S. had cut at least 8,000 jobs in the second...
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