Democrats have a golden opportunity to be the anti-corruption party, but the House caucus is not seizing it.
Money, Politics & Power
Posted inEconomic Policy
A Happy 2025 By-Product: Revulsion at the Rich
With Trump, Musk, Bezos et al. running amok, progressive economic populism is on the rise. Polling shows a broad public turn toward policy that seeks to reverse the upward redistribution of income and wealth to our billionaires and make life’s necessities affordable.
Posted inTAP
Jeffries Undercuts Congressional Stock Trading Ban
A bipartisan solution was gaining momentum, but the House Democratic leader just issued his own bill that will prevent consensus.
Posted inEnergy and the Environment
Why Californians Will Pay $340 More for Electricity Next Year
The state public utility commission is poised to approve a rate of return that critics say overcharges customers by $4.4 billion per year.
Posted inMoney, Politics, and Power
Another Biden Financial Regulator Spins Through the Revolving Door
Michael Hsu, former OCC head, has joined a VC firm backing crypto and fintech companies.
Posted inMoney, Politics, and Power
Hochul Caves to Big Tech on AI Safety Bill
A bill that passed the New York legislature was completely gutted and substituted with language perceived as friendlier to the industry.
Posted inMoney, Politics, and Power
House Democratic Leaders Urged to Force a Vote on Stock Trading Ban
Enough Republicans are on a discharge petition to get a House vote to end congressional stock trading—if Democrats sign on.
Posted inMoney, Politics, and Power
Why Is Warner Bros. for Sale at All?
Its product has never been more critically or financially successful. Why is it auctioning itself off?
Posted inBooks
Artifice in the Age of Artificial Intelligence
To understand the tech mindset is to see that the ultimate goal is domination. Silicon Valley elites apply a different standard to themselves because, quite simply, they believe that they deserve a different set of rules and expectations.
Posted inTAP
Jeff Bezos’s Very Own Editorial Page
The Washington Post’s new editorialists have turned the page over to screeds defending not just laissez-faire capitalism but Bezos himself.