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March 18, 2021 | The American Prospect
We have every reason to believe Kerry genuinely wants to save the Earth from climate devastation. His problem is that there is no neoliberal path to doing so.
February 26, 2021
Almost every homeowner and most of the American mortgage-backed securities financial system is subject to the Federal Housing Finance Agency’s (FHFA) regulation. It oversees and guarantees the vast majority of mortgages bought and sold in the United States. The FHFA does this through quasi-public agencies, Fannie Mae and Freddie Mac, which buy mortgages from local banks that they bundle, chop up, and sell to investors. This arrangement ideally allows local banks to provide more and cheaper loans to potential homeowners by letting them sell their mortgage liabilities to the government, and gives investors access to relatively stable investment returns.
January 22, 2021
Department of the Obvious: Wall Street and FinTech Friendly People Should Not Oversee Federal Banking System
Racial Wealth Gap Expert Mehrsa Baradaran is an Alternative to Michael Barr, a Wall Street and Big Tech Ally.
December 13, 2020
Concerns over the presence of corporate insiders in the Biden administration are coming opportunistically from so-called “right-wing populists.” This makes it all the more important for Biden and the Democrats to close the revolving door once and for all.
May 26, 2020 | The American Prospect
Joe Biden's Friend From JPMorgan Chase
Scher has run all of JPMorgan Chase’s political influence operations since 2008. He is a brotherly and sociable person, but he has worked for two decades to undermine governance by and for the public, rather than private, interest.