by Dave Johnson | May 11, 2016 | Blog, Financial Reform
The Treasury Department released a new rule and several proposals last week that they said are intended to address the problem of corruption and dirty money in secret U.S. shell companies. A White House news release announced what it called "several important steps to...
by Isaiah J. Poole | May 5, 2016 | Blog, Financial Reform
The Consumer Financial Protection Bureau is on the verge of correcting a fundamental perversion of our justice system and restore to consumers their right to their day in court when they are wronged by a bank or credit card company. A new regulation that the agency...
by Burning Issues Video | May 2, 2016 | Burning Issues, Economy, Election 2016, Financial Reform
[fve]https://youtu.be/TGl3p6cVSCU[/fve] The Panama Papers, which opened a window into the world of secret bank accounts and money flows, help reveal the extent to which the global financial system is rigged to favor the wealthy and powerful, says Eryn Schornick,...
by Richard Eskow | Apr 26, 2016 | Blog, Financial Reform
Regulators recently rejected plans from five too-big-to-fail banks, saying they haven't found a way to go bankrupt without relying on taxpayers to bail them out. If they can't fix it, they're supposed to be broken up. So why are we suddenly debating the very concept...
by Robert Reich | Apr 20, 2016 | Blog, Financial Reform
Why is there so little discussion about one of Bernie Sanders’s most important proposals – to tax financial speculation? Buying and selling stocks and bonds in order to beat others who are buying and selling stocks and bonds is a giant zero-sum game that wastes...
by Burning Issues Video | Apr 14, 2016 | Blog, Burning Issues, Financial Reform
[fve]https://youtu.be/-gAE5NIft40[/fve] There is as much as $27 trillion hidden in shell companies around the world, outside of the reach of governments and public scrutiny, according to Porter McConnell, the director of the Financial Transparency Coalition. That has...
