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A Second Gilded Age: How Concentrated Corporate Power Undermines Shared Prosperity


A remote hearing before the U.S. Congress Joint Economic Committee was held on Wednesday, July 14, 2021, at 2:30 p.m. ET. 

Hearing:         “A Second Gilded Age: How Concentrated Corporate Power Undermines Shared Prosperity”


Dr. Thomas Philippon
Max L. Heine Professor of Finance
New York University, Stern School of Business
New York, NY

Dr. Kate Bahn
Director of Labor Market Policy and Interim Chief Economist
Washington Center for Equitable Growth
Washington, DC

Ms. Stacy Mitchell
Institute for Local Self-Reliance
Washington, DC

Mr. Chris Edwards
Director of Tax Policy Studies
Cato Institute
Washington, DC                     

Date:                 2:30 p.m. ET, Wednesday, July 14, 2021

Location:          Remote

Chairman Donald S. Beyer Jr. presiding.
Hearing transcript can be found here.

Chairman Donald S. Beyer's Opening Statement

Ranking Member Mike Lee's Opening Statement

Pursuant to guidance from the CDC and OAP, Senate Office Buildings are not open to the public other than official business visitors and credentialed press at this time. We encourage the public to utilize the Committee’s livestream of the hearing, available at

Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact Erica Handloff, (202) 389-2235, at least three business days in advance of the hearing date.