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Rep. Suozzi on increasing worker stock ownership: Need to expand ownership society in our country
CNBC Televisionยท 2025-07-25 12:59
A bipartisan bill is being floated on Capitol Hill that would incentivize companies to distribute at least 5% of their stock to the lowest paid 80% of their employees. Joining us right now is New York Democratic Congressman Ton Swisi. He is one of the co-authors of the Share Plan Act. Good morning to you. Good morning. Ex. It's an interesting concept. It's a provocative idea. Explain how it would work in practice. It's a big idea. And the idea is that if companies with more than 500 employees share 5% of th ...