Bainbridge on Corporations

Bainbridge on Corporations

Revisiting Incoming Senate Banking Committee Chair Elizabeth Warren’s Accountable Capitalism Act (Part 2)

The case of employee directors

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Stephen Bainbridge
Nov 14, 2026
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In an earlier post I noted that the prospect of Senator Elizabeth Warren becoming the new chair of the Senate Banking Committee suggested it would be a good idea to look back at her views of corporate governance as set forth in her 2018 bill the Accountable Capitalism Act (S. 3348).

Revisiting Incoming Senate Banking Committee Chair Elizabeth Warren’s Accountable Capitalism Act (Part 1)

Stephen Bainbridge
·
Nov 8
Revisiting Incoming Senate Banking Committee Chair Elizabeth Warren’s Accountable Capitalism Act (Part 1)

In a November 5, 2026, article entitled Elizabeth Warren’s Power in New Senate Is a Wall Street Nightmare, the WSJ reported that:

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In this post, I take up the Act’s proposed mandate that employees elect forty percent of the board of directors.

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