United States Senator Elizabeth Warren (D-MA) has called for a $750 billion economic stimulus package that would focus on recovery from the grassroots up, not Wall Street down. While details of the latest Senate COVID relief bill is being made public, it will be interesting to see which of her proposals are included in that and future relief bills.

The former US presidential candidate added that any bailout for big business include the following priorities and requirements:

Companies must maintain their payrolls and use funds to keep people working or on payroll. 

Companies must provide a $15 minimum wage as quickly as practicable but no later than one year of the national emergency declaration ending.

Companies are permanently prohibited from engaging in share repurchases.

Companies are prohibited from paying out dividends or executive bonuses while they are receiving any relief and for three years thereafter. 

Companies must set aside at least one seat -- but potentially two or more, as the amount of relief increases -- on the board of directors for representatives elected by workers.

Collective bargaining agreements should remain in place and should not be reopened or renegotiated pursuant to this relief program.

Corporations must obtain shareholder and board approval for all political expenditures.

CEOs must be required to personally certify a company is compliance and face criminal penalties for violating these certifications.

She added, "To ensure that these conditions are met, Congress must set up an oversight body, modeled on the Congressional Oversight Panel and the SIGTARP program for the bank bailout, but with real funding and subpoena power."