Federal Reserve

Coal power plant

The Policy Weapon Climate Activists Need The Policy Weapon Climate Activists Need

Government can save the climate from burning the same way it saved the economy from depression: Buy out the companies behind the crisis.

Apr 26, 2017 / Gar Alperovitz, Joe Guinan, and Thomas M. Hanna

Janet Yellen

Here’s What You Need to Know About the Federal Reserve Here’s What You Need to Know About the Federal Reserve

We demand way too much from the central bank—but that’s because our elected politicians have done almost nothing to revive the economy.

Mar 17, 2017 / William Greider

Goldman Sachs

Trump’s Not Draining the Swamp—He’s Filling It Trump’s Not Draining the Swamp—He’s Filling It

Under President Trump, banking sharks will once again have immense influence on the American economy.

Jan 30, 2017 / Nomi Prins

Steven Mnuchin

Democrats Missed an Opportunity to Expose Steve Mnuchin as a Predator Democrats Missed an Opportunity to Expose Steve Mnuchin as a Predator

Bob Casey and Sherrod Brown landed some blows about OneWest Bank’s foreclosures, but too many got lost in a tangle over tax havens.

Jan 19, 2017 / David Dayen

Elizabeth Warren

Elizabeth Warren Just Gave Hillary Clinton a Big Warning Elizabeth Warren Just Gave Hillary Clinton a Big Warning

Warren is ready to fight any Wall Street–linked cabinet members in a Clinton administration. 

Sep 21, 2016 / George Zornick

The Federal Reserve’s Shaky Optimism

The Federal Reserve’s Shaky Optimism The Federal Reserve’s Shaky Optimism

Janet Yellen will be blamed by both the right and the left if the economy does not fulfill her hopes.

Dec 18, 2015 / Naked Democracy / William Greider

Why Do Former Goldman Sachs Bankers Keep Landing Top Slots at the Federal Reserve?

Why Do Former Goldman Sachs Bankers Keep Landing Top Slots at the Federal Reserve? Why Do Former Goldman Sachs Bankers Keep Landing Top Slots at the Federal Reserve?

During the last year, three vacancies opened up to head regional Federal Reserve banks. They all went to Goldman Sachs alumni.

Nov 30, 2015 / Jordan Haedtler

October 22, 1907: The Panic of 1907 Begins

October 22, 1907: The Panic of 1907 Begins October 22, 1907: The Panic of 1907 Begins

“What have we seen in New York during the past half-dozen years? Great banking institutions prostituted into tools of unscrupulous speculators.”

Oct 22, 2015 / 150th Anniversary / Richard Kreitner

Financial Markets Wall Street Federal Reserve

Low Interest Rates Help Private-Equity Moguls and Hurt Average Americans Low Interest Rates Help Private-Equity Moguls and Hurt Average Americans

Today’s near-zero rates are free money for investors, but murder for savers and retirees.

Sep 18, 2015 / William D. Cohan

TechCrunch

Age of the Unicorn: How the Fed Tried to Fix the Recession, and Created the Tech Bubble Age of the Unicorn: How the Fed Tried to Fix the Recession, and Created the Tech Bubble

The number of “unicorn” tech companies is increasing dramatically—but the bubble will burst eventually.

Sep 3, 2015 / From the Archive / Doug Henwood

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