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New York CNN —Corporate America gave social activism a go. And sales of Bud Light have taken a hit ever since. Bud Light didn’t handle fallout well — it capitulated to the angry mob and dropped Mulvaney even as she faced a barrage of threats. It caught fire as right-wing media fueled the swirl of negativity around Bud Light, framing it as “wokeism” gone amok. On Thursday, the Guardian reported that the Bud Light boycott was fueled in part by the right-wing activist Leonard Leo.
Persons: CNN Business ’, Bud Light, America John Deere, Kara Swisher, ” Let’s, George Floyd, ” —, Larry Fink, We’d, Reagan, That’s, Disney’s, Bob Chapek, Ron DeSantis, influencer Dylan Mulvaney, , Bud, Leonard Leo, Leo Organizations: CNN Business, New York CNN — Corporate America, Tractor, Pride, CNN, BlackRock, Business, Corporate America, Florida’s Republican Gov, Guardian, Bud Light, Anheuser, Busch, Federalist Society, America Locations: New York, America
New York CNN —Some progressives have frequently blamed corporate greed for fueling the high cost of living that Americans are fed up with. That’s corporate greed. That’s corporate greed. Although the paper did not directly mention corporate greed, shrinkflation or Biden, the research undercuts the argument that greedflation drove the early inflation. That report found corporate profits were to blame for 34% of inflation since the start of Covid-19.
Persons: Sen, Elizabeth Warren, ” Warren, “ That’s, It’s, , , Joe Biden, ” Biden, CNN’s Erin Burnett, Biden, – we’re, shrinkflation, greedflation, Jeremy Edwards, ” Edwards, , , Greg Valliere, ” Valliere, Jerome Powell, Caroline Ciccone, profiteer Organizations: New, New York CNN, Federal Reserve Bank of San Francisco, Fed, SF Fed, , CNN, White, AGF Investments, Federal Reserve, Federal, Federal Reserve Bank of Kansas City Locations: New York, America, Kansas
The Supreme Court's new ethics code uses weaker words. The code is very similar to the code of conduct that binds lower federal judges. The five canons have the same titles, and some passages are lifted verbatim from the other judges' code. But that law, the Judicial Conduct & Disability Act, doesn't define "judge" to include Supreme Court justices, partly over legal concerns that Congress can't tell the Supreme Court what to do. AdvertisementAdvertisementSome of the top court's critics were quick to seize on the differences between the rules for other judges and the new Supreme Court ethics code.
Persons: , Clarence Thomas, Samuel Alito, Sonia Sotomayor, there's, Accountable.US Organizations: Service
Members of Congress are required to file documents disclosing their personal finances every year. But it's easy for them to push that deadline back — this year, nearly 60% of House members did it. Yet most House members didn't meet that deadline. Under current law, lawmakers are required to disclose their stock trades within 30 days — though violations of that law are frequent and often go unpunished. While several bills have been introduced this year to banning stock trading in Congress, the Republican-controlled House has yet to take action on the issue — despite House Speaker Kevin McCarthy previously expressing support for a ban.
Persons: Accountable.US, , didn't, Liz Zelnick, MAGA, Kevin McCarthy Organizations: Service, Economic Security, Corporate Power Program, Republican Locations: Acccountable.US
Chief Justice John Roberts' wife's anti-abortion advocacy once helped bolster his judicial career. Details of Jane Roberts' work, though not new, are worth revisiting in the aftermath of Roe v. Wade's reversal. Supreme Court Chief Justice John Roberts and his wife Jane exit the funeral service for Antonin Scalia. Jane Roberts' advocacy and public political beliefs ultimately helped convince two conservative legal power players, Leonard Leo and Jay Sekulow, to publicly advocate for John Roberts' confirmation, according to the Times. Photo by Alex Wong/Getty ImagesAt the time of John Roberts' nomination, liberals feared he might pose a threat to Roe v. Wade.
Supreme Court Justice Clarence Thomas sold property to GOP donor Harlan Crow, ProPublica reported. It is also in much better condition than before the sale, with Crow having invested $36,000 in improvements, ProPublica reported. In a statement, Crow told ProPublica that he intends to turn the property into a museum dedicated to Thomas. "Justice Thomas must be held accountable." A spokesperson for the Supreme Court did not immediately respond to Insider's request for comment.
Democrats are urging the Supreme Court to address ethics concerns around Justice Clarence Thomas. ProPublica reported this week that Thomas has accepted free vacations worth hundreds of thousands of dollars. They close by urging Chief Justice Roberts to ensure that the highest court's ethics code is treated are more than just a suggestion. "The highest court in the land should have the highest ethical standards," Kyle Herrig, president of the advocacy group Accountable.US, said in a statement. A spokesperson for the Supreme Court did not immediately respond to a request for comment.
Democrats are urging the Supreme Court to address ethics concerns around Justice Clarence Thomas. ProPublica reported this week that Thomas has accepted free vacations worth hundreds of thousands of dollars. They close by urging Chief Justice Roberts to ensure that the highest court's ethics code is treated are more than just a suggestion. "The highest court in the land should have the highest ethical standards," Kyle Herrig, president of the advocacy group Accountable.US, said in a statement. A spokesperson for the Supreme Court did not immediately respond to a request for comment.
The Supreme Court on Monday agreed to hear arguments in a case challenging the constitutionality of funding for the Consumer Financial Protection Bureau. The order taking the case came four months after a federal appeals court panel unanimously ruled that the CFPB's funding mechanism was unconstitutional. The Biden administration had asked the Supreme Court to hear its appeal of that ruling. CNBC has requested comment from the Community Financial Services Association of America, the group that challenged the CFPB's authority in the case. The court, in its 5-4 ruling that year, said that the director must be removable by the will of the president, for any reason.
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