The budget director and acting head of the CFPB also tried to defund the agency, but found it was already funded through the fiscal year.
Money, Politics, and Power
Posted inMoney, Politics, and Power
The Private Equity Hatchet Man Leading the Lost Boys of DOGE
If Tom Krause is looking for government waste, ‘he should look in the mirror,’ says an ex-employee.
Posted inMoney, Politics, and Power
L.A. Times Owner Has Financial Motivations for Boosting RFK Jr.
Dr. Patrick Soon-Shiong’s biotech firm is preparing three applications needing approval from the Food and Drug Administration.
Posted inMoney, Politics, and Power
The Texas Model
Wealthy oil and gas interests getting politicians to do their bidding: coming to a federal government near you.
Posted inMoney, Politics, and Power
Philadelphia’s Chinatown Is Victorious
In a major triumph for civic activists, the billionaire owners of the city’s NBA team backed out of an arena project that had been approved for the neighborhood.
Posted inMoney, Politics, and Power
Zuckerberg Proves Meta Is Too Big
One monopoly company should not have the power to decree which speech is permissible and which isn’t.
Posted inMoney, Politics, and Power
Ford and Musk. They Made Cars. They Backed Fascists.
Each age’s premier industrialist has had appalling politics.
Posted inMoney, Politics, and Power
Bluesky Proves Stagnant Monopolies Are Strangling the Internet
One tiny company has the bloated Facebook empire scrambling to respond.
Posted inMoney, Politics, and Power
Amazon’s Latest Seller Squeeze
A controversial policy would effectively charge sellers when Amazon’s logistics team loses or damages their goods. It could enable Amazon to undercut rivals with its own brands.
Posted inMoney, Politics, and Power
Health Care Rip-Offs, Globalization, and the Uncertain Future
Co-editor Robert Kuttner’s Best of 2024
