Today on TAP: Chair Martin Gruenberg, weakened by the sexual harassment mess at his agency, will step aside once a successor is named. Will Biden appoint someone as progressive as Gruenberg?
banking
Posted inTAP
Crypto: Back From the Dead
Today on TAP: It’s hard to think of a more useless financial invention. Crypto began as a fringe fad, disdained by the big investment banks. Now, Wall Street is cashing in.
Posted inVideos
The Prospect Weekly Roundup: Chinese Tariffs and CFPB Success
On our weekly live show, David Dayen and Bob Kuttner discuss new efforts to boost the domestic electric-vehicle industry.
Posted inTAP
The FDIC Frat-House Culture of Sexual Harassment
Today on TAP: Republicans want Chairman Martin Gruenberg to resign for his failure to end it. Should he?
Posted inHealth and Social Policy
Incrementalizing Cannabis
What America gets when Congress and the executive branch slow-roll progress
Posted inEconomic Policy
The Problem Isn’t Financial Literacy, It’s Financial Fairness
In California, no-fee accounts would combat systemic discrimination in banking services.
Posted inMoney, Politics, and Power
Schumer Carries Water for Crypto
When it comes to backdoor schemes to help the financial industry, the frequently progressive Senate majority leader is still the senator from Wall Street.
Posted inLaw and Justice
America’s Fifth Circuit Problem
Judges are now fighting over the right to hear important policy cases.
Posted inPolitics
Republicans Are Objectively Pro–Junk Fee
A new congressional resolution aligns Republicans with the financial industry’s fight to preserve sky-high credit card late fees.