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April 26, 2023
Memo To Reporters: What The Fed's Self-Investigation Must Explore To Be Credible
The Fed report is being written by Vice Chair for Supervision Michael Barr, whose own failures ought to be among the report’s focuses.
April 21, 2023
Rescinding Trump’s Shields For Non-Bank Financial Firms Is A Crucial First Step
Rolling back Trump’s framework just means that FSOC is allowing itself to see the financial system through a realistic lens.
April 21, 2023
The Case Of Too Many 'Flations
April 19, 2023
Biden's World Bank Nominee Oversaw An Anti-Competitive Price-Fixing Scandal
Mastercard has paid $3.2 billion since 2005 in fines and penalties for price-fixing, the fourth-highest total of any American company.
April 18, 2023
How A Herbert Hoover Policy Got Wrapped Up In SVB And A Fed Opening
One of the flashing-red warning signs about SVB’s bad balance sheet was the huge cash advances it was taking out of the FHLBank system.
April 10, 2023 | The American Prospect
If The Law Is Legitimate, Clarence Thomas Must Stand Trial
There is no reasonable ambiguity about this. If the ProPublica reporting is accurate, Thomas has knowingly and brazenly violated federal ethics law for decades.
April 07, 2023
Campus Activists Fight Back Against Academic Reputation-Laundering
April 06, 2023
House Should Impeach, Durbin Must Investigate Justice Thomas For Ethics Violations
No one can reasonably retain a shred of benefit of the doubt in the face of this evidence.
March 25, 2023 | Common Dreams
Steven Rattner's Not Afraid Of Work From Home, He's Afraid Of Worker Power
American workers have just started getting the barest minimum of a few lucky breaks. But that is terrifying to Rattner and his fellow moguls, so they need some sort of rational argument for why these bare scraps of power are actually bad for everyone.
March 23, 2023
Larry Summers-Linked Payments Company Accused of Criminality
Short-seller Hindenburg Research says the payments mogul Block has inflated user metrics, ignored widespread criminal transactions on its platforms, and evaded regulations.
March 22, 2023
Press Release Economic MediaEthics in GovernmentHack WatchLarry SummersMarc GoldweinMaya MacGuineasRevolving DoorSteven Rattner
Ethics Watchdog Launches "Hack Watch" Website Tracking Media Analysts
Larry Summers, Steven Rattner, Marc Goldwein, Maya MacGuineas Among Top Targets
March 17, 2023 | The American Prospect
Bankers Being Greedy Morons Poses Climate And Financial Risk
The SVB collapse rubs in our collective faces the fact that the financiers with great influence over our political economy are, by and large, a pack of greedy idiots.
March 15, 2023 | The Nation
Why Is Larry Summers So Obsessed With Tech Bros?
For the past two years, former Treasury secretary Larry Summers has begged, berated, and bullied federal policy-makers to suck as much wealth as possible, as fast as possible, out of the economy. He just never meant, you know, his wealth or his friends’ wealth.
March 08, 2023
Does Austan Goolsbee Still Blindly Trust Wall Street?
His defense of HAMP is that his hands were tied, but he seemingly went out of his way to handcuff himself.
March 06, 2023 | The American Prospect
Rumored Fed Nominee Thinks Tim Geithner Did Right By Homeowners
Eberly and her co-author, fellow economist Arvind Krishnamurthy, find that Geithner’s policies were excellent, and his biggest critics should shut up.