Elon Musk’s replacement is busy with mass deportation, while simultaneously running an investment firm managing public union pension funds.
financial industry
Posted inTAP
When the Capitals of Capitalism Go Socialist
Today On TAP: When Wall Street gazillionaires take over a city, that city may rise up against them.
Posted inMoney, Politics, and Power
Wall Street’s Corruption of the Democrats Is Broader Than Crypto
‘Abundance’ needs to include constraints on predatory capitalism.
Posted inMoney, Politics, and Power
Privatizing Speculative Gain, Socializing Risk
Trump’s grand design for Fannie Mae ignorantly repeats a sordid history.
Posted inEconomic Policy
Usury in the Water
There’s never been a better time to be a loan shark for small businesses.
Posted inMoney, Politics, and Power
Three Coin Monte
The Trump administration is removing every financial guardrail from crypto, in order to enrich the first family and its tech and finance allies while destabilizing the economy.
Posted inPolitics
These 16 Democratic Senators Deserve a Primary
Allowing yourself to be bought by the crypto lobby is unforgivable.
Posted inEconomic Policy
We Can’t Count on Trump’s SEC to Tell Us If He Is Manipulating the Market
The Musk-damaged agency is unlikely to investigate whether Trump and his allies are profiting from advance knowledge about tariff changes or meme coin shenanigans.
Posted inMoney, Politics, and Power
Senior Advisor McHenry at Your Crypto Service
The former congressman is the most employed man in D.C.
Posted inVideos
The Prospect Weekly Roundup: The Underbelly of Finance
On our live show, David and writing fellow James Baratta look at private equity and the Consumer Financial Protection Bureau.