Here are seven concerns, and seven sets of questions, that should be posed to Stumpf – either at Tuesday's Senate Banking Committee hearing or as part of a more rigorous investigation.
Should Democrats present themselves as fighters for a transformative economic vision, or as skilled managers restoring and maintaining the status quo of the last several decades? The question came up again last week.
Joseph Stiglitz discusses tensions between globalization and democracy, and what the euro experiment tells us about the need to resist bad trade deals like the TPP and bad tax deals that favor big corporations like Apple.
Chalk it up to a culture of criminality ... Bank executives need to understand that the public’s anger is deep – and justified. If Democrats like Hillary Clinton are smart, they will grasp the depth and rationality of that anger.
The decline in union membership has probably cost you, or someone close to you, thousands of dollars in income since last Labor Day – not because of some immutable law, but because of a cultural and political war.
The U.S. insurance industry has objectively failed to manage either the cost or quality of health care. Health care is a human right, and private insurers have failed to safeguard it. They had their shot, and they blew it.
Many of the Fed officials who met with Fed Up activists expressed support, at least in principle, for the group's goals. That's commendable. But the Fed is hamstrung by its own ambiguous structure.
Lesson #1: We can't depend on political leaders to change the system. Change is an inside/outside game, and it usually happens from the outside in.
Trump’s empathy seems to extend only as far as his aristocratic peers, for they—and only they—will directly benefit from his economic policies ... his call to repeal the estate tax is targeted toward his fellow princes and princesses.
The billionaires and CEOs behind "Fix the Debt" have a lot of nerve. Once again they're using cheap scare tactics and some manipulative “nudging” to drum up support for cutting Social Security benefits.
Automation will undoubtedly transform society in the future. But that's no reason to ignore the problems we're facing right now. The best way to ensure a more equitable economy tomorrow is by fighting for one today.
This week, yet another paper reinforces our need for more government spending, not less, to repair the economy for millions of working Americans. Unfortunately, our political debate is being held back by an economic myth.
We were promised a bold new vision. What we got instead was, with one or two notable exceptions, a warmed-over version of the House Republicans’ standard-issue voodoo economics.
There are only two economists on Donald Trump's economic team. But hedge funds are represented. So are fracking, tobacco, guns and steel. So is the guy who ran Chrysler into the ground before it was rescued by the government.
Here's what Trump said about wind power on Monday:"The wind kills all your birds. All your birds, killed. You know, the environmentalists never talk about that." Trump has birds on the brain. Who put them there?
Republican support poses a dangerous temptation for Clinton. She may see it as a mandate to form something like a unity government with Republicans, a call to tack right toward the failed "centrism" and "bipartisanship" of the past.
Donald Trump’s brain. It’s an unusual instrument, and a frightening one, even in the best of circumstances. Now someone has “put a bird on it”– a lot of them, […]
Hillary Clinton's agenda should resonate with voters. But Americans are for good reason in a skeptical mood. Democrats will need to convince voters they really mean it – especially if the bad news keeps coming.
"The Zero Hour" interviewed Sen. Tammy Baldwin about ending Wall Street's huge bonuses for employees who enter government service and other key reforms sought by progressives.
It's Demagoguery 101: Terrify, then reassure. Threaten people with destruction, then reassure them with the warm embrace of your fatherly arms. It’s what kidnappers do to instill Stockholm syndrome in their prisoners. Trump’s good at it.
Reports say Hillary Clinton will announce her vice presidential choice on Friday, and rumors that she’s going with a “safe” pick should worry Democrats. In this political climate, "safety" could put her candidacy in serious danger.
When Donald Trump’s Republican Party convenes in Cleveland, three shadows will haunt the arena. If you look carefully, you're sure to see them. If you’re not afraid, you don’t know your history.
Matt Taibbi called Eric Holder a "double agent" for Wall Street, but it's doubtful that he sees himself that way. Few of us think of ourselves as bad people. But then, how does the former attorney general justify his behavior to himself?
Bernie Sanders’ "political revolution" scored impressive wins in the Democratic Party’s draft platform, which ABC News calls “exceptionally progressive." This new movement has already had a major impact, with more battles to come.
The answer to the question "Does this language really matter?" doesn’t lie with Hillary Clinton, or Debbie Wasserman Schultz, or the Democratic Party as an institution. It lies with the people themselves.
At the start of the Independence Day weekend, we learned that income inequality in this country became even worse last year. Economic inequality produces scars that last a lifetime – and even longer. We must act.
Although Tony Blair laments the failure of the “political center,” the Brexit vote didn’t happen because he and his colleagues failed. It happened because they succeeded. Voters don't like the effects on either side of the Atlantic.
The neoliberal order that has dominated the world's economy is now in danger. That's not necessarily a bad thing, by any means. But poisonous weeds are just as likely as green shoots to grow up through those cracks.
Meet the "Hedge Fund 13," the House Democrats who joined Republicans in voting to protect private equity and hedge funds from regulatory oversight. Votes like this one should have consequences.
This past weekend I spoke at "The People's Summit," a gathering dedicated to building a longstanding movement out of the momentum of the Bernie Sanders campaign. I discussed it with Thom Hartmann.
People who believe that Bernie Sanders is squandering his influence in the Democratic Party by not conceding now to Hillary Clinton misunderstand both the candidate and his supporters.
We live on. Whether you believe in an afterlife or not, we live on in memory. So let's start by remembering each of them by name, the nine kind souls who welcomed a stranger into their midst one year ago.
The Peterson Foundation has added Henry Kissinger to a list of defense experts who declare that the federal debt is the "single biggest threat to our national security." But consider Kissinger's own threats to our global well-being.
Things have changed. An idea that was widely dismissed when Sen. Bernie Sanders proposed it in Congress is now the Democratic position. The anti-Social Security army seems to be in ragged retreat. But this isn't over.
Ali's occupation was inseparable from his aspirations, his spiritual ideals inseparable from his worldly activities. That's an important lesson for any historical moment, and for this moment more than most.
A new study by the Pew Research Center spurred a rash of headlines last week about the "dying" middle class. It's dying, but not from natural causes. It's being killed. What – and, for that matter, who – is responsible?
A CSX freight train derailed in Washington, D.C. last week. To be fair, our society has been consistently indifferent to railway accidents everywhere. But each is a warning.
Instead of moving forward with breaking up too-big-to-fail banks, we're having a debate over whether "too big to fail" is even a thing. If the debate seems complicated, maybe some people want it that way. But it's not.
$5.1 billion with Goldman Sachs, $1.2 billion with Wells Fargo – how many settlements will it take to convince some fact-resistant pundits and politicians that there is an epidemic of fraud on Wall Street?
Banking is a competitive business run by competitive people. Fraud isn't just a sideline. It gives bankers a much-needed edge. Play by the rules? For bankers, Rule #1 is “win at any cost.”