Big business could soon get their chance to kill the CFPB for good, thanks in part to former Obama aide William Daley.
financial industry
Posted inTAP
Bernanke’s Odd Nobel Prize
Today on TAP: As a close student of the Great Depression, he knew enough to prevent a repeat of it—but forgot the lessons about the need for tougher regulation of the financial system.
Posted inPolitics
Republicans Seize on Congressional Stock Trading Ban
On the campaign trail, Republicans are attacking Pelosi and Democrats over a failed bipartisan effort at the end of September.
Posted inTAP
Stock Market Cheers Bad Economic News
Today on TAP: In hopes that maybe the deepening recession will change Fed policy. No such luck.
Posted inTAP
Why Credit Suisse Is Imperiled
Today on TAP: A crisis of confidence at Switzerland’s second-largest bank shows the dangers of Federal Reserve–driven chaos.
Posted inAmerica and the World
U.S. Declines to Blunt Pain as It Exports Inflation to Poor Countries
The Treasury is resisting calls to provide emergency liquidity for emerging markets facing a strong dollar.
Posted inTAP
International Finance Capital Rebels Against British … Tax Cuts for the Rich?
Today on TAP: Bankers shoot down the Conservative Party budget plan.
Posted inBooks
The Possible World After Globalism
If we can dethrone the reign of Big Finance and Big Tech, what new worlds can we imagine?
Posted inPolitics
New York’s MAGA Republican From Wall Street
Tech entrepreneur Brandon Williams’s past clients include a company partly owned by the Chinese government. But he has earned Steve Bannon’s backing as a MAGA Republican.
Posted inMoney, Politics, and Power
Griftrix
The implosion of a $16.5 billion Citrix Systems debt deal reveals how private equity firms always manage to wriggle out of trouble.