Rep. Ro Khanna, who stumped aggressively for a depositor bailout at Silicon Valley Bank, now will solicit funds with David Sacks, one of the loudest supporters of that policy.
campaign finance
Posted inMoney, Politics, and Power
Intuit’s Top Lobbying Firms Are Also Major DSCC Bundlers
Congress is set to receive a report on how the IRS can streamline the tax filing process after lobbyists for Intuit bundled millions for the Senate Democrats’ campaign arm.
Posted inPolitics
Progressives vs. Corporatists in the Battle for Chicago
With the incumbent and the early front-runner out in Chicago’s mayoral race, the remaining combatants represent a contrast of styles.
Posted inMoney, Politics, and Power
Congressional Crypto Defenders Accidentally Sparked an SEC Crackdown
Emboldened by claims that he needed to do more to stop crypto meltdowns before they started, Gary Gensler has rapidly enforced the law.
Posted inPolitics
How Crypto Cash Could Determine Chicago’s Next Mayor
Prior donations from Sam Bankman-Fried have damaged Chuy García’s campaign. But Mayor Lori Lightfoot has her own crypto ties.
Posted inMoney, Politics, and Power
How Chuck Schumer Deep-Sixed the Tech Antitrust Bills
A full timeline of the bills’ failure reveals the Senate majority leader’s heavy hand.
Posted inMoney, Politics, and Power
Gallego Opposes Progressives on Cutting Pentagon Budget
In repeated votes, Gallego has sided against amendments from his Progressive Caucus colleagues that would have reduced the Department of Defense budget by 10 percent.
Posted inMoney, Politics, and Power
The Easiest Criminal Indictment Ever
The rapid arrest of Sam Bankman-Fried offers a small bit of hope that we’ve turned the page on an era of no accountability.
Posted inMoney, Politics, and Power
Congressmembers Tried to Stop the SEC’s Inquiry Into FTX
The ‘Blockchain Eight’ wrote a bipartisan letter in March attempting to chill the SEC’s information requests to crypto firms. FTX was one of those firms.
Posted inPolitics
Beyond the 12-Mile Limit
Why Democrats win the cities and lose the states, and what to do about it.