Truthout
Banks
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.
Sanders, Warren, and Others Raise Alarm Over Rise of Medical Credit Cards
More than 100 million people are saddled with medical debt in the U.S., collectively owing upwards of $200 billion.
Wall Street Lobbyists Admit Big Banks Don’t Plan to Honor Their Climate Pledges
Big bank lobbyists have openly told regulators that Wall Street’s disingenuous climate pledges were made to be broken.
Despite Net-Zero Promises, Big Banks Are Dumping Trillions Into Fossil Fuels
The world's 60 largest private banks have provided $4.6 trillion in financing for the fossil fuel industry since 2016.
We Need the Fossil Free Finance Act Now to Combat Wall Street’s Greenwashing
Major U.S. banks committed to net zero emissions by 2050, but they continue to support the fossil fuel industry.
Trump Appointee Resigns as FDIC Chair After Failing to Stymie Policy Review
Jelena McWilliams resigned after a kerfuffle over Federal Deposit Insurance Corporation's bank merger policy.
ALEC Is Pushing a Bill That Punishes Banks for Divesting From Fossil Fuels
The bill would block firms that end these investments from receiving state government contracts or managing state funds.
USPS Pilot Program Could Lead to Restart of Agency’s Nationwide Banking Services
The postal service charges fees that are significantly lower than what payday lenders charge customers to cash checks.
Warren Introduces Bill to Protect Bank Customers, Small Banks From Consolidation
Federal regulators haven’t formally rejected a bank merger in 15 years.