by Zach Carter | Jul 21, 2010 | Blog
Ezra Klein needs to stop repeating bank lobby smears against Elizabeth Warren. He's sympathetic to the charge that Warren is "too dismissive of the benefits of financial innovation," because, well, I don't know why. It's a baseless allegation being made by Warren's...
by Zach Carter | Jul 21, 2010 | Blog
Today, President Barack Obama will sign into law the first serious effort to regulate Wall Street in decades. The bill has much to be said for it, but the unfortunate truth is that it ducks several of the most critical reforms needed to protect our economy from banker...
by Zach Carter | Jul 15, 2010 | Blog, Financial Reform
Wall Street reform passed Congress today, with three Republicans voting "yes," among them Scott Brown of Massachusetts. But Brown's vote came with a high price tag: he insisted on both hammering ordinary citizens with new taxes, instead of imposing them on the...
by Zach Carter | Jul 15, 2010 | Blog, Financial Reform
Good news: The Senate just secured 60 votes to proceed on Wall Street reform, clearing the way for the legislation's final passage today or Saturday. The legislation garnered the votes of every Democrat except Sen. Russ Feingold, D-Wis., who argued that the bill was...
by Zach Carter | Jul 14, 2010 | Blog, Financial Reform
Too-big-to-fail is a much bigger problem than you thought. We've all read damning accounts of the government saving banks from their risky subprime bets, but it turns out that the Wall Street privilege problem is far more deeply ingrained in the U.S. legal system than...
