Truthout
Economy
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.
Lobbyists “Bought Sinema’s Vote” That Resulted in Bank Collapse, Gallego Says
Three SVB lobbyists maxed out donations to Sinema ahead of 2018 Dodd-Frank rollback which led to the collapse, he said.
Manchin Now Says Bank Deregulation Isn’t Great Despite “Yes” Vote on 2018 Repeal
In the wake of the Silicon Valley Bank failure, bank deregulation doesn’t look so good to Manchin.
Warren: Jerome Powell Should Recuse Himself From Bank Probe for Role in Failure
The Silicon Valley Bank failure was caused in part by deregulation pushed by Powell, Warren says.
Banks Lobbied to Weaken Regulations That Could Have Prevented Their Collapse
Executives from the failed Silicon Valley Bank and Signature Bank were among those who lobbied to weaken the rules.
House GOP Pushes Bill Targeting Food Assistance for the Poor
The legislation would impose more harsh work requirements on certain recipients amid growing food insecurity.
The US Government Helped Mitigate Hunger During the Pandemic. Why Stop Now?
We need to start thinking of hunger as another kind of pandemic and access to nutritious food, a basic human right.
Following Bank Collapses, Sanders Calls for Repeal of Trump-Era Deregulation
We can’t pursue more socialism for the rich and “rugged individualism” for everyone else, Sanders said.