Truthout
Economy
Corporate Real Estate Investors Are Accelerating the Affordable Housing Crisis
Four out of five homes are unaffordable to median income earners, thanks in large part to unlisted corporate purchases.
Sanders Introduces Bill to Stop Bank CEOs From Serving as Fed Bank Regulators
The CEO of Silicon Valley Bank was a member of the San Francisco Fed board up until the day his bank collapsed.
Senate Banking Committee Member Dismisses Calls for Regulations, Bankers Applaud
The American Bankers Association welcomed the Republican's defense of a 2018 law that weakened regulations.
Three Banks Have Now Collapsed. A Progressive Economist Explains Why.
There is a banking crisis underway and the problems are spreading, says Gerald Epstein.
Warren, Sanders Call for End to Rules Letting Billionaire Dynasties Dodge Taxes
The lawmakers are calling for scrutiny of some of the most popular forms of tax evasion by the richest Americans.
Warren Says Trump-Picked Jerome Powell Has “Failed” as Chair of Federal Reserve
“He has had two jobs. One is to deal with monetary policy. One is to deal with regulation. He has failed at both.”
Tribal Nations Seek Regional Food Trade Hubs as SNAP Benefits Expire
The SNAP rollback will disproportionately impact Tribal communities, which already have high rates of food insecurity.
The SVB and Signature Bank Crashes Show Why We Need Public Banking
We have a pivotal opportunity to reshape our financial system for the benefit of all.
Warren Introduces Bill to Repeal 2018 Dodd-Frank Rollback in Wake of Bank Crisis
The bill would once again ensure that mid-sized banks like Silicon Valley Bank face stricter oversight.
Silicon Valley Bank Collapse Offers a Primer on How Elite Power Preserves Wealth
The second-largest bank failure in history was like a pipeline rupture interrupting the flow of capital.