And it wasn’t the FBI raid at Mar-a-Lago.
banking
Posted inEconomic Policy
Proposed Stablecoin Legislation Is Worse Than Nothing
The House Financial Services Committee would let unstable crypto firms into the normal banking system.
Posted inBooks
The Enablers of Predatory Capitalism
How free-market economists, central bankers, rapacious CEOs, and free-trade diplomats undermined the New Deal order
Posted inEnergy and the Environment
Inflation Reduction Bill Uses Public Finance to Stoke Energy Investment
Billions in public financing would keep investment flowing into energy sector despite interest rate hikes.
Posted inTAP
The Regulator Bankers Love to Hate
Today on TAP: Rohit Chopra’s efforts to protect consumers and defend the financial rights of African Americans bring on the wrath of the business lobbies.
Posted inEconomic Policy
The Nightmare Ouroboros of School Shootings and the Educational Bond Market
Texas reactionaries use the temptation of school investments to force banks to keep financing school shootings.
Posted inEconomic Policy
A Regulator Signals Comfort With Allowing More Bank Mergers
The OCC’s Michael Hsu expresses openness to behavioral remedies for bank mergers, when they have been shown not to work in other sectors.
Posted inEconomic Policy
Lessons From the Crypto Crash
Cryptocurrency, NFTs, and stablecoins are a trillion-dollar trash fire.
Posted inTAP
Better Rules for Community Reinvestment
Today on TAP: Biden’s progressive regulators act to put new muscle in an old law.
Posted inMoney, Politics, and Power
Republican ‘Populists’ Are Still Corporate Toadies
Conservative rabble-rousers are mad at regulators for protecting the American people from Wall Street banks.