Michael Hsu, former OCC head, has joined a VC firm backing crypto and fintech companies.
Dylan Gyauch-Lewis
Dylan Gyauch-Lewis is a senior researcher at the Revolving Door Project.
Posted inMoney, Politics, and Power
Companies Are Trying to Hide Their Ties to Larry Summers
Some fintech and energy startups haven’t announced that Summers is leaving; they just took him off their websites.
Posted inEconomic Policy
Making Banking Supervision Suck Again
Bank supervision consists of two main prongs: risk management and compliance. On the compliance side, consumer protection laws are being enforced less than at any time since at least the Great Recession.
Posted inPolitics
Centrist Democrats Have Already Forgotten About Kamala Harris
The Revolving Door Project, a Prospect partner, scrutinizes the executive branch and presidential power. Follow them at therevolvingdoorproject.org. For decades, many Democratic pundits and strategists have had a simple answer for how the party could win: move to “the center.” Just look at Bill Clinton: After three consecutive routs in presidential elections from 1980 to 1988, Clinton ended […]
Posted inMoney, Politics, and Power
Ted Cruz Attempts to Exempt Big Tech From the Law
The Texas senator has introduced a bill allowing any AI company a streamlined path around regulations.
Posted inMoney, Politics, and Power
Democrats Must Oppose the AI Industry
As currently constructed, AI is an oligarchy-enriching, worker-immiserating, energy-depleting, brain-rotting economic bubble in waiting. Democrats can get on the public’s side here.
Posted inMoney, Politics, and Power
What Trump Learned From Silicon Valley
Before DOGE’s lawbreaking spree, there was ‘blitzscaling.’
Posted inEnergy and the Environment
More AI Means More Cancer
Many Americans will pay for AI with their health—especially thanks to Donald Trump’s war on renewable energy.
Posted inPolitics
Democrats Allow More IRS Funding to Fade Away
Concessions from the 2023 debt ceiling fight continue to haunt Democrats, and tax cheats could enjoy hundreds of billions in savings.
Posted inEconomic Policy
The Abundance Agenda: Neoliberalism’s Rebrand
The new centrist push to regain control of the Democratic Party, with corporate money