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Politics & Current Affairs —

The 200 highest-paid CEO rankings are out. And… cue pitchforks and kerosene torches?

Q: How long would it take the average Walmart employee to earn as much as its CEO? A: 1,000 years.
NEW YORK - MAY 24: New York Attorney General Eliot Spitzer points to salary compensation figures of former New York Stock Exchange Chief Executive Richard Grasso at a news conference where Spitzer announced he will be suing Grasso (Photo by Spencer Platt/
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Many of the 2010 Dodd-Frank Wall Street banking regulations that were intended to prevent another Great Recession a la 2008 are being repealed. The measures, approved by Congress and signed into law by the U. S. President today, raise the bar on which banks are considered “Too big to fail” — from $50 billion to $250 billion. 

In response, here was what one organization Tweeted: 

This morning, it was announced that America’s banking sector hit a new record high of $56 billion in net income in the first quarter of 2018.



This afternoon, the House is set to pass the #BankLobbyistAct to supposedly “provide relief” to the banking sector. What a shameful day. pic.twitter.com/OYNUc7FQf6

— Public Citizen (@Public_Citizen) May 22, 2018

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