It turns out that the ethics official who recommended that Khan recuse herself from a case involving Meta is an owner of Meta stock.
Money, Politics, and Power
Posted inMoney, Politics, and Power
Ticketmaster Offers to Exploit Concertgoers More Transparently
The ticket broker’s new ‘all-in’ pricing pledge is an effort to stave off antitrust enforcement.
Posted inMoney, Politics, and Power
PGA Golf Is the Latest in a Long Line of Sports Monopolists
The involvement of Saudi funding might force antitrust enforcers to act this time, however.
Posted inMoney, Politics, and Power
How Washington Bargained Away Rural America
Every five years, the farm bill brings together Democrats and Republicans who are normally at each other’s throats. The result is the continued corporatization of agriculture.
Posted inMoney, Politics, and Power
The Lose-Lose DeSantis-Disney Fight
As Disney cancels investments in Florida, the proxy culture war masks a battle between a governor pretending to slay big business and a mega-corporation wanting to entrench its power.
Posted inMoney, Politics, and Power
The Tech Lobbying Is Coming From Inside the House
Emails from the U.S. trade representative’s office show a cozy relationship with Amazon, Google, and Facebook.
Posted inMoney, Politics, and Power
Peer Into the Dark Money Abyss
While much of the funding to the ‘dark money’ behemoths tied to the leaders of Congress remains a mystery, a review of corporate disclosures reveals more of the companies that have donated.
Posted inMoney, Politics, and Power
The Fed, the Supreme Court, and Their Legitimacy
The government’s least democratic branches are incompetent and corrupt because they are unaccountable. James Madison would not be surprised…
Posted inMoney, Politics, and Power
Fintech’s Latest Scheme
Earned wage access is pitched as a way to instantly get money for paid work. But companies attach high fees, and they are seeking exemptions from consumer protection laws.
Posted inMoney, Politics, and Power
How a Firm Profiting From Deposit Insurance Caps Is Lobbying to Keep Them
IntraFi, a private equity–owned company that offers the wealthy a work-around to the $250,000 limit on FDIC insurance, sees an existential threat in universal deposit guarantees.
