Elizabeth Warren Is Right: Jerome Powell Should Be Held to Account Elizabeth Warren Is Right: Jerome Powell Should Be Held to Account
With the Silicon Valley Bank collapse, the senator demands an independent investigation of the Fed, and says Powell should not continue as its chair.
Mar 21, 2023 / John Nichols
Democrats Face a Terrible Reckoning on Bank Bailouts Democrats Face a Terrible Reckoning on Bank Bailouts
Barack Obama, Nancy Pelosi, Barney Frank, and a phalanx of senators are way too cozy with finance capital.
Mar 17, 2023 / Jeet Heer
A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity
With the banking system sitting on $620 billion in paper (unrealized) losses, this saga may be far from over.
Mar 17, 2023 / Doug Henwood
Bankers Lobbied for Deregulation, Congress Capitulated, and Now Banks Are Collapsing Bankers Lobbied for Deregulation, Congress Capitulated, and Now Banks Are Collapsing
The Silicon Valley Bank collapse doesn’t require a bailout. It requires stronger bank oversight and the repeal of the 2018 “economic growth” act.
Mar 14, 2023 / John Nichols
Silicon Valley Learns to Love Socialism for the Rich Silicon Valley Learns to Love Socialism for the Rich
The very people who eviscerated banking regulations now want to be shielded from the catastrophe they caused.
Mar 13, 2023 / Jeet Heer
The Horrifying and Shameful Return of Child Labor The Horrifying and Shameful Return of Child Labor
Bipartisan buck-passing and a ramshackle immigration system have revived Victorian degradation.
Mar 10, 2023 / Jeet Heer
Nasty, Brutish, and Short—Chicago-Style Nasty, Brutish, and Short—Chicago-Style
Lori Lightfoot’s tenure as the city's mayor could be coming to its natural end.
Feb 17, 2023 / J. Duncan Moore Jr.
Sarah Huckabee Sanders, You’re No Jack Kennedy Sarah Huckabee Sanders, You’re No Jack Kennedy
Trying to evoke a lost Cold War consensus, the GOP’s rising star conflated “normal” with “crazy.”
Feb 10, 2023 / Jeet Heer
The GOP’s Phony Class War The GOP’s Phony Class War
Racist resentment plus plutocratic economics don’t equal a “working-class party.”
Feb 3, 2023 / Jeet Heer
Britain’s Winter of Discontent Britain’s Winter of Discontent
If unions here are weaker and smaller than in Margaret Thatcher’s day, their strikes are also far more popular.
Jan 31, 2023 / Gary Younge