Banking

Federal Reserve Chair Jerome Powell Testifies Before The Senate Banking Committee

The Latest Banking Crisis Is Brought to You by the Federal Reserve The Latest Banking Crisis Is Brought to You by the Federal Reserve

There’s a lot of blame to go around for the failure of the Silicon Valley Bank. But the Fed’s myopic attitude towards inflation bears much of the responsibility.

Mar 17, 2023 / Sasha Abramsky

People outside Silicon Valley Bank with security guards allowing them in.

Silicon Valley Bank Didn’t Fund Black Lives Matter Silicon Valley Bank Didn’t Fund Black Lives Matter

The lies peddled by Fox News are getting more and more blatant.

Mar 16, 2023 / Joan Walsh

Bankers Lobbied for Deregulation, Congress Capitulated, and Now Banks Are Collapsing

Bankers Lobbied for Deregulation, Congress Capitulated, and Now Banks Are Collapsing Bankers Lobbied for Deregulation, Congress Capitulated, and Now Banks Are Collapsing

The Silicon Valley Bank collapse doesn’t require a bailout. It requires stronger bank oversight and the repeal of the 2018 “economic growth” act.

Mar 14, 2023 / John Nichols

Greg Becker, President and CEO of Silicon Valley Bank, speaks during the Milken Institute Global Conference on May 3, 2022.

Silicon Valley Learns to Love Socialism for the Rich Silicon Valley Learns to Love Socialism for the Rich

The very people who eviscerated banking regulations now want to be shielded from the catastrophe they caused.

Mar 13, 2023 / Jeet Heer

Army-McCarthy hearings

The Absurd Specter of “Woke Communism” The Absurd Specter of “Woke Communism”

Ironically, those decrying woke communism may be loony about “communism,” but they are unintentionally right that capitalism is indeed the problem.

Feb 21, 2023 / Steve Fraser

Sam Bankman-Fried gets out of car

Why It’s Okay for Progressives to Enjoy Sam Bankman-Fried’s Downfall Why It’s Okay for Progressives to Enjoy Sam Bankman-Fried’s Downfall

The fallen plutocrat was also the chief financier of a counterrevolution inside the Democratic Party.

Jan 27, 2023 / Column / Jeet Heer

Fighting Poverty

Poor People Have the Power to Transform America Poor People Have the Power to Transform America

As the threat of yet more political turmoil and escalating violence looms, isn’t it time to break through the isolation with a new sense of collective power?

Dec 26, 2022 / Rev. Dr. Liz Theoharis

CEO of FTX Sam Bankman-Fried testifies

Democrats and the Crypto Meltdown Democrats and the Crypto Meltdown

On this week's episode of The Time of Monsters, David Klion on the centrist elites allied with a Ponzi scheme.

Nov 30, 2022 / Podcast / Jeet Heer

Prime Minister Liz Truss looks forward wearing a hard hat and safety glasses.

British Prime Minister Liz Truss Is No Margaret Thatcher British Prime Minister Liz Truss Is No Margaret Thatcher

The Tory leader's pledge to deliver neoliberal “shock therapy” brought her own party conference to the brink of open revolt.

Oct 6, 2022 / Steve Howell

Keir Starmer Might Win Power—but Can He Do Anything With It?

Keir Starmer Might Win Power—but Can He Do Anything With It? Keir Starmer Might Win Power—but Can He Do Anything With It?

The British Labour Party leader is sounding more like a prime minister, but will he be up for the hard fights ahead?

Sep 29, 2022 / Bhaskar Sunkara

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