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How the Failure to Repeal Obamacare Is Affecting Wall Street
Most people who work in corporate America don’t have to worry about health insurance. So the failure of Republicans to repeal Obamacare was not likely to affect them directly. But Matthew Zeitlin says...
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Why the Trump Administration Wants to Destroy the CFPB
The Consumer Financial Protection Bureau (CFPB) was created as part of the Dodd-Frank Bill that reformed financial practices following the abuses that led to the Great Recession. Republicans have made...
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The Real Threat to the Fed’s Independence Is Wall Street, Not Trump
When Donald Trump shred yet another norm late last month by commenting on monetary policy and criticizing Federal Reserve Chair Jay Powell for raising interest rates, frenzied pundits speculated about...
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What if Big Business Falls In Completely With Trumpism?
On Easter, I wrote a piece that did not appear in Political Animal called “The Billionaires are Only Half Awake.” It was in response to an article Greg Jaffe did for the Washington Post that detailed...
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Why We Should Care What the Business Elites Think
If you’re like me, Kate Kelly and Lisa Lerer’s reporting in the New York Times reads like an excellent rationale for supporting Elizabeth Warren’s candidacy. From corporate boardrooms to breakfast...
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Amtrak Joe vs. the Modern Robber Barons
As expected, when a chief executive nicknamed “Amtrak Joe” put together his signature infrastructure bill, it contained an unprecedented sum for expanding rail service across the country: $60 billion...
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Medicine at the Mercy of Wall Street
The pharmaceutical industry is the great white whale of American medicine. No matter how many harpoons activists, progressive politicians, journalists, and scholars hurl at its bloated body, it not...
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A New Vision for a Just Financial System
With the government response to the collapse of Silicon Valley Bank in March, the United States crossed one policy Rubicon. Now, we need to cross another. By waiving the federal insurance limit of...
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Private Inequity
In his new book, The Problem of Twelve, the Harvard law and economics professor John Coates writes that we’re “in a moment that is starkly different, if no less dangerous for democracy and capitalism,...
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How Franklin Roosevelt Tamed Wall Street
A century ago, amid the Roaring Twenties, three Republican presidential administrations devoted themselves to the interests of the wealthy, promoting union-busting and slashing regulations. The result...
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