Skip to content

UAW leadership faces latest turmoil over US$80 gaffe

The development comes just days after a federal watchdog report that characterised Fain as a volatile and vindictive leader. By Stewart Burnett

UAW leadership continues to face scrutiny, this time over an investment gaffe that cost the union approximately US$80m in potential gains, according to statements by seven officials and documents reviewed by Reuters. The union liquidated US$340m in stock investments to fund the famed 2023 strikes, but failed to reinvest according to policy for over a year.

Subscribe to Automotive World to continue reading

Sign up now and gain unlimited access to our news, analysis, data, and research

Subscribe

Already a member?

https://www.automotiveworld.com/news/uaw-leadership-faces-latest-turmoil-over-us80-gaffe/

Welcome back , to continue browsing the site, please click here