Government

A Silicon Valley Bank office is seen in Tempe, Arizona, on March 14, 2023. - With hindsight, there were warning signs ahead of last week's spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators. Just why the oversight failed remained a hot question among banking experts, with some focusing on the weakness of US rules. (Photo by REBECCA NOBLE / AFP) (Photo by REBECCA NOBLE/AFP via Getty Images)

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

Pat Schroeder Would Have Changed American Politics Forever

Pat Schroeder Would Have Changed American Politics Forever Pat Schroeder Would Have Changed American Politics Forever

For a moment in 1987, it felt like the trailblazing Colorado representative, who died this week, could become the first female president of the United States.

Mar 17, 2023 / John Nichols

Why Is the Republican Party Suddenly Weakening Child Labor Laws?

Why Is the Republican Party Suddenly Weakening Child Labor Laws? Why Is the Republican Party Suddenly Weakening Child Labor Laws?

Rolling back restrictions on child labor and dismantling public education will make the country far more unequal. For today’s GOP, that’s a feature, not a bug.

Mar 16, 2023 / Jack Schneider and Jennifer C. Berkshire

Smoke and flames rise after Israeli settlers went on a rampage in the West Bank town of Huwara, setting fire to several homes and cars and injuring dozens of Palestinians, on February 27, 2023.

“A Closed, Burnt Huwara”: How Israeli Settlers Launched A Pogrom “A Closed, Burnt Huwara”: How Israeli Settlers Launched A Pogrom

With Israeli politicians constantly fanning the rhetorical flames, last month's violence—and actual arson—didn’t exactly come as a surprise.

Mar 16, 2023 / Fatima AbdulKarim

Photos of Savita Halappanavar with the inscriptions

“She Had a Heartbeat Too”: Waiting for One Dead Woman “She Had a Heartbeat Too”: Waiting for One Dead Woman

In Ireland, the death of Savita Halappanavar, who developed sepsis after being denied an abortion, catalyzed a revolution in the country’s abortion laws. Will the same happen here?

Mar 14, 2023 / Amy Littlefield

Sarah Huckabee Sanders, governor of Arkansas, speaks while delivering the Republican response to President Biden's State of the Union address on February 7, 2023.

The GOP Has Become the Pro–Child Labor Party The GOP Has Become the Pro–Child Labor Party

How a new economy of exploitation is rolling back protections—for profit.

Mar 14, 2023 / Katrina vanden Heuvel

Bankers Lobbied for Deregulation, Congress Capitulated, and Now Banks Are Collapsing

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

Former vice president Mike Pence at the Library of Congress

Stop Trying to Make Mike Pence Happen! Stop Trying to Make Mike Pence Happen!

His hypocritical, homophobic Gridiron speech, larded with dad jokes, was supposed to rebrand him for 2024 as the fun fascist. There’s no such thing.

Mar 13, 2023 / Joan Walsh

President George W. Bush speaks at the Eisenhower Executive Office Building in Washington, DC, in 2007.

Twenty Years Ago, the United States Was Putin Twenty Years Ago, the United States Was Putin

We should condemn Russian crimes in Ukraine, but not while conveniently forgetting the crimes we committed in Iraq.

Mar 13, 2023 / Juan Cole

Greg Becker, President and CEO of Silicon Valley Bank, speaks during the Milken Institute Global Conference on May 3, 2022.

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

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