Today on TAP: Silicon Valley Bank’s collapse is a function of the Fed rate spike, and will surely trigger calls for its well-heeled tech and venture capital clients to get a bailout.
bailouts
Posted inMoney, Politics, and Power
Congress’s Latest Giveaway to Weapons Makers
While 7.5 million workers lose unemployment, members of Congress want to bail out the military industry.
Posted inCoronavirus
Best of 2020: David Dayen
Our executive editor with his favorite stories of the year
Posted inDay One Agenda
Biden on the Farm
The new president can remake agricultural and food policy even if Congress refuses to do anything about them.
Posted inPolitics
Donna Shalala Encapsulated Pelosi’s Embrace of Passivity as a Strategy
The Florida congresswoman who lost her re-election battle did nothing to oversee or challenge the Trump administration.
Posted inMoney, Politics, and Power
GOP Lawmaker Leads Fight to Get His Industry a Government Bailout
Rep. Van Taylor voted against aid for renters and student debtors—but the real estate mogul is now using his office to pressure the government to give his commercial real estate industry a government bailout.
Posted inEconomic Policy
How Academic Medical Centers Made Out on Coronavirus Bailouts
It’s time to re-examine the tax-exempt status of these profit-making ‘nonprofits.’
Posted inCoronavirus
Unsanitized: Corporations Can Do a Lot With ‘Just Loans’
Surprisingly, companies with market power can use money to make money. This is The COVID-19 Daily Report for September 17, 2020.
Posted inCoronavirus
Unsanitized: The Fed Is Overpaying Banks and Hedge Funds for Corporate Bonds
Plus, the Problem Solvers step up with a dead-on-arrival bill. This is The COVID-19 Daily Report for September 16, 2020.
Posted inCoronavirus
Business, Interrupted
Many small-business owners expected insurance to help them during the pandemic. They got a rude awakening.
