Some tech billionaires hate the CFPB, which protects Americans from scams and abuse. Why?
financial industry
Posted inTAP
Blood and Treasure
Today on TAP: The infighting grows fierce as Trump keeps searching for a Treasury secretary.
Posted inMoney, Politics, and Power
Rahm Emanuel’s Suspiciously Timed Stock Trades
Multiple transactions seem tied to specific activity undertaken while the possible DNC chair candidate was U.S. ambassador to Japan.
Posted inPolitics
Fed Chair Powell Enlisted in Failed Bid to Undercut Elizabeth Warren
Wall Street’s effort to keep Warren from becoming ranking Democrat on the Senate Banking Committee did not succeed.
Posted inMoney, Politics, and Power
The Triumphant Return of Corruption
A look at the biggest stock gainers since Trump’s election shows that paying tribute to the next president will have its benefits.
Posted inTAP
Tales From the Crypt
Today on TAP: How the crypto industry corrupts American democracy, so that crypto can keep on corrupting American finance
Posted inMoney, Politics, and Power
The SEC Whistleblower Program Is Dominating Regulatory Enforcement
As the program, which cuts in whistleblowers on enforcements awards, grows exponentially, conflicts of interest are emerging. AI could make it worse.
Posted inEconomic Policy
Leveraging the Money Power
Progressive state and city officials are pushing back against the right’s war on ‘woke capitalism.’ They could be doing even more with trillions of dollars in pension funds.
Posted inBooks
It’s Good to Be the King
The ins and outs of how the mega-rich wall themselves off from government’s prying eyes
Posted inMoney, Politics, and Power
A Toxic Explosion in Private Equity Payouts
Private equity barons just pocketed as much as $850 million from the company behind this week’s massive chemical blast in Georgia.