by Dave Johnson | Dec 19, 2014 | Blog, Economy, Financial Reform
Another Citigroup alumni has been nominated to a key high-level position in the Obama administration. This time it's a lateral move: Marisa Lago, who has been serving in the Treasury Department as Assistant Secretary for International Markets and Development since...
by Dave Johnson | Dec 18, 2014 | Blog, Trade
Senator Elizabeth Warren (D-Mass.) is emerging as a champion in the fight over provisions the upcoming Trans-Pacific Partnership (TPP) trade agreement that could undermine our (and other) country's ability to keep the giant multinational corporations under control....
by Dave Johnson | Dec 18, 2014 | Blog, Trade
Again and again we are promised jobs and economy gains from trade deals. Instead we get job losses and trade deficits. Next year the giant multinationals are going to try to sell us another trade deal by promising jobs and prosperity. And they're going to push fast...
by Dave Johnson | Dec 17, 2014 | Blog, Trade
It is worth examining how the process was rigged to push that budget deal through Congress over the weekend that contained Citibank-written derivative deregulation and all kinds of other goodies for the rich and powerful. That's because the "cromnibus" formula will be...
by Dave Johnson | Dec 15, 2014 | Blog, Democracy, Financial Reform
The budget bill called the "Cromnibus" (for Continuing Resolution and OMNIBUS budget bill) passed over the weekend. It included a provision undoing part of the Dodd-Frank Wall Street regulation bill, allowing banks to gamble on derivatives using money from...
