The New Jersey senator is opposing his own party’s efforts to defang anti-corruption measures. In an interview, he depicted the fight as critical to regaining public trust.
Money, Politics & Power
Posted inEnergy and the Environment
Lightning in a Bottle
Regulatory capture is at the root of the affordability crisis in electricity. Public power could offer a way out.
Posted inAmerica and the World
The $30 Billion Identity Theft of Venezuela
How Juan Guaidó sucked a weary nation dry, and primed it for the current U.S.-led assault
Posted inVideos
The Prospect Weekly Roundup: ACA Sticker Shock and AI Jitters
David and staff writer Whitney Curry Wimbish discuss skyrocketing health insurance costs and the sketchy deals at the heart of the data center boom.
Posted inTAP
Ellisons Tap Saudis to Fund News Media Takeover
If the Saudi crown prince owns a piece of CNN and CBS News, how will they cover No Kings Days?
Posted inMoney, Politics, and Power
Big Tech Poised to Win Immunity Shield From State AI Regulation
The Trump administration is readying an executive order preempting constraints on AI. It could become a much more wide-ranging deregulatory tool.
Posted inMoney, Politics, and Power
Companies Are Trying to Hide Their Ties to Larry Summers
Some fintech and energy startups haven’t announced that Summers is leaving; they just took him off their websites.
Posted inMoney, Politics, and Power
The AI Bubble Is Bigger Than You Think
It’s not just OpenAI that looks overhyped. There’s a whole mountain of sketchy financial engineering underneath.
Posted inMoney, Politics, and Power
OpenAI Is Maneuvering for a Government Bailout
For artificial intelligence to ever pencil out, some truly enormous revenue streams will be required. And if you need trillions of dollars for data centers forever, there’s only one entity to turn to: Uncle Sam.
Posted inLaw and Justice
Exxon’s Latest Supreme Court Hail Mary
Oil companies insist that if cases are allowed to proceed, it could have major ramifications for the future of their industry. Will a Supreme Court willing to grant Trump immunity for his crimes do the same for Trump’s oil industry backers?