Elizabeth Warren introduces Senate bill to hold capitalism ‘accountable’

Democrat aims to shift corporations away from maximizing shareholder value to support for workers and stakeholders

The senator Elizabeth Warren will introduce a bill in Congress on Wednesday aimed at shifting corporations away from “maximizing shareholder value” and towards giving more support to workers and other stakeholders.

The Accountable Capitalism Act proposes a series of reforms to increase corporate responsibility, strengthen the voices of workers and others in corporate decisions and shift companies away from their focus on shareholders.