Constitutional Accountability Center Constitutional Accountability Center

Corporate Accountability

Defending the rights of workers, consumers, and others against violations by big business
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Wall St. and Broadway | Roberto Júnior, Unsplash

Summary

The Constitution guarantees rights for “people” and “citizens,” never once referring to protections for “corporations.” CAC advocates on behalf of the workers, consumers, and others whose constitutional and statutory rights have been denied by corporations and big business interests.

View CAC’s long-term study: Corporations and the Supreme Court

Corporate Accountability in Brief

Fight For 15 march | The All-Nite Images, Flickr

The text of our Constitution never mentions corporations. The framers wrote and the American people ratified the original articles and amendments to the Constitution to secure the inalienable rights of “We the People” — living human beings. CAC works in the courts and the public square to hold corporations accountable and protect the rights of people.

Featured Case

Corporate Accountability June 23, 2021

Collins v. Mnuchin; Mnuchin v. Collins

The effects of the 2008 housing crisis decimated the American economy. And at the height of the crisis, nearly half of the nation’s mortgage debt was owned or guaranteed by Fannie Mae and Freddie Mac. But to compete with Wall Street and increase profits, Fannie and Freddie had over-invested in risky mortgages and securities, ultimately requiring billions in federal bailouts. These practices were made possible by the lax oversight of a weak and politically dependent government regulator. To correct that problem, Congress established a new agency to oversee Fannie and Freddie, the Federal Housing Finance Agency (FHFA). Congress further provided...

Case Timeline

Current
  • The Supreme Court issues its decision
  • The Supreme Court hears oral argument
  • CAC files amicus curiae brief