by Mary Bottari | Sep 3, 2013 | Federal Reserve Chair, Financial Reform
The Washington Post's Ezra Klein reports that Larry Summers is the "overwhelming favorite" of the Obama team for the job as Federal Reserve chairman. To convince the American public that one of the chief architects of the 2008 financial crisis should be the chief...
by Mary Bottari | Apr 30, 2013 | Blog
Last week, Senators Sherrod Brown (D-OH) and David Vitter (R-LA) introduced the first bipartisan legislation aimed directly at putting an end to "too big to fail" financial institutions and preventing future bailouts of America’s behemoth banks. Too-big-to-fail banks...
by Mary Bottari | Apr 3, 2013 | Blog
With Brendan FischerIn a victory for working families, New York is poised to become the largest U.S. city to require businesses offer paid days to workers. Community activists and labor leaders struck a deal with City Council Speaker Christine Quinn to allow a vote on...
by Mary Bottari | Mar 26, 2013 | Financial Reform, Too Big To Jail
A JPMorgan Chase employee stepped onstage at a black-tie gala on Wall Street last week to accept a “best crisis management” award given by an investor relations magazine. The bank, which was recently the subject of a U.S. Senate investigative hearing and an ongoing...
by Mary Bottari | Mar 6, 2013 | The Sequester
As sequester cuts start to bite a little harder, the Fix the Debt gang is pushing for a "grand bargain," deep cuts to earned benefit programs like Social Security and Medicare in exchange for some vague promises about "tax reform." They may have a powerful ally in the...