Truthout
Economy
Trump Regulator Shelved Discrimination Probes Into Big Banks and Other Lenders
At least six investigations into mortgage loan redlining have been halted or stalled against staff recommendations.
More Than 20 Million People in US Face Eviction by the End of September
Roughly 20 percent of the 110 million Americans living in rented homes could face homelessness by the fall.
Raising Corporate Taxes Could Help Cities Facing COVID-19 Budget Crises
Local policymakers are facing pressure to make painful spending cuts, when they could be raising taxes on the wealthy.
Number of Food Insecure Households With Children Doubled From Pre-COVID Levels
Over one-quarter of households with children reported food insecurity in recent weeks.
Airline Industries Laid Off Workers, Then Got Money Meant to Prevent Layoffs
Several airline companies cut their workforces despite receiving $338 million from the CARES Act for payroll support.
Sanders: “Richest 1 Percent Is Responsible for 70 Percent of All Unpaid Taxes”
An estimated $381 billion per year revenue shortfall follows a sharp decline in enforcement against tax evasion.
Hate Groups Rake In PPP Loans as Racial Justice Movement Expands
Several hate groups have been granted up to seven-figure loans by the federal government's Paycheck Protection Program.
Jared Kushner, Trump’s Golf Buddy and McConnell’s In-Laws Cashed In on PPP Loans
Several companies with close ties to Trump and lawmakers, including vocal fiscal conservatives, received loans.
Sanders Calls on “Do-Nothing” Senate to Pass Sweeping COVID Stimulus Legislation
Sanders urged the Senate to approve relief that includes $2,000 monthly checks, rent cancellation and expanded Medicare.
Minor League Teams Could Be Latest Casualties of COVID’s Disaster Capitalism
We may be looking at a dramatic and pro-corporate restructuring of baseball as an industry.