Today on TAP: Why did the usually public-minded SEC chair breathe new life into Bitcoins?
financial industry
A Public Option for Credit Card Shopping
The Consumer Financial Protection Bureau is taking aim at pay-to-play credit card comparison websites that collude with big banks to block competition.
Biden Judge Nominee Worked for Vulture Funds Holding Puerto Rican Debt
Sparkle Sooknanan served as one of Jones Day’s lead attorneys for a series of investors trying to maximize payouts from the struggling U.S. territory.
Scenes From the Bat Cave
How Steward Health left a Space Coast community hospital in a literal world of shit
Davos in the Desert, on the Coast
In Miami, leading lights from tech, finance, media, and entertainment gathered at the Saudi investment conference, yet another attempt to sanitize the autocratic regime.
Dealing With the Bad Stewards
Bailing out a critical Massachusetts hospital chain should come with some consequences for the financial operators who put them in that position.
Reversing Private Equity’s Looting of Hospitals
The right remedy is to claw back the billion-dollar payday Cerberus Capital and other insiders took out of Steward Health Care and give the money back to the hospitals.
Jay Powell’s Victory Lap
Today on TAP: Does the Fed deserve credit for the strong economy? Will our central bankers screw it up by waiting too long to cut rates?
The Bankers’ Front Groups Fighting Tougher Capital Rules
It’s understandable that Wall Street wants weak rules. Why are so many community groups serving as the banks’ echo chamber?
The Stock Market Loves Monopoly Concentration
Today on TAP: That’s another case for the revival of antitrust.

