Truthout
Economy
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.
Silicon Valley Bank Collapses in Largest Failure Since 2008 Crisis
The bank's financial woes rattled Wall Street and left depositors scrambling to withdraw their money.
Biden’s 2024 Budget Calls for Revival of Expanded Child Tax Credit
The expanded child tax credit kept millions of adults and children out of poverty in 2021.
GOP’s Debt Limit Plan Would Cost 2.6 Million Jobs, Report Finds
“House Republicans are playing politics with millions of jobs,” Sen. Elizabeth Warren said.
Justice Department Sues to Block JetBlue-Spirit Merger
Officials are concerned that the merger would decrease competition in an industry that is already highly consolidated.
Warren Urges Regulators to Stop Railroad Merger in Wake of East Palestine Crash
The proposed $27 billion merger between two Class I railroads could contribute to unsafe railroading, she says.
Commodity Speculators Reap Record-Shattering Profits Amid Global Hunger Crisis
The industry not only benefits from extreme market volatility -- it’s contributing to major price swings, experts say.
Cori Bush Establishes Congressional Caucus to End Homelessness in the US
The establishment of the caucus comes as evictions and housing shortages are on the rise.
30 Million Across the US Have Their Family’s Food Assistance Slashed
“Poverty and hunger are policy choices. It’s time we step up and do more,” said Rep. Pramila Jayapal.
“I Am Fired Up”: Sanders, Warren Join Rally for Student Debt Cancellation
“In America, you should not have to face financial ruin because you want a damn education,” Sanders said.