Boom in Stock Buybacks Stirs a Hot Debate in Washington

Boom in Stock Buybacks Stirs a Hot Debate in Washington
Senate Minority Leader Charles Schumer (D-N.Y.) (R) is flanked by Sen. Bernie Sanders (I-Vt.) while speaking to the media on Capitol Hill on May 23, 2017. Mark Wilson/Getty Images
Emel Akan
Updated:

WASHINGTON—Stock buybacks have come into focus recently as lawmakers on both sides of the aisle have scrutinized the practice. The nation’s largest business organization, however, rejects the arguments against buybacks, calling them “misguided.”

American companies announced $1.1 trillion in stock repurchases last year, setting an all-time record for corporate buybacks.
Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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