by Isaiah J. Poole | Dec 10, 2014 | Financial Reform
We're calling for an all-out push today to stop a backroom deal that would reopen the Wall Street derivatives casino that caused so much damage in 2008, with taxpayers stuck with the bill for cleaning up the mess. We've joined forces with Americans for Financial...
by Richard Eskow | Dec 9, 2014 | Blog, Financial Reform
It's been six years since Wall Street's recklessness and criminal fraud caused trillions of dollars in economic damage and nearly shattered the global economy. The 2008 financial crisis opened millions of Americans' eyes to the widespread corruption and mismanagement...
by Isaiah J. Poole | Dec 9, 2014 | Blog, Financial Reform
Incredibly, the Wall Street caucus in Congress is trying to slip a major attack on hard-won financial reforms into a spending bill designed to keep the government running. As reported by The Huffington Post's Zach Carter, the deal would "provide taxpayer backing for...
by Robert Reich | Dec 8, 2014 | Blog, Economy, Financial Reform, Progressive Vision
In Washington’s coming budget battles, sacred cows like the tax deductions for home mortgage interest and charitable donations are likely to be on the table along with potential cuts to Social Security and Medicare. But no one on Capitol Hill believes Wall Street’s...
by Dean Baker | Dec 8, 2014 | Blog, Economy, Financial Reform
Sen. Elizabeth Warren kicked off a firestorm last month when she said that she would not support Antonio Weiss, President Barack Obama’s nominee to be undersecretary of the treasury. Her reason was that Weiss had made his career at Lazard, an asset management company...
by Richard Eskow | Nov 26, 2014 | Blog, Financial Reform
Andrew Ross Sorkin of The New York Times has attacked Sen. Elizabeth Warren. Her offense? Criticizing the appointment of yet another Wall Street banker to a top economic post. Sorkin's periodic defenses of the powerful are no longer unexpected. More surprising is the...
