Truthout
Banks

Is Your Bank Profiting From Gun Violence?
A coalition of activists is challenging the financial industry's ties to the gun industry.

Why Is the Fed Paying So Much Interest to Banks?
Taxpayers lose $36 billion annually to allow private banks to keep their excess reserves at the Federal Reserve.

The Secret to Funding a Green New Deal
A network of public banks, including a central bank operated as a public utility, could fund a Green New Deal.

Global Banks Invested $1.9 Trillion in Fossil Fuels Since Paris Climate Pact
The banks that invested the most in fossil fuels are JPMorgan Chase, Wells Fargo, Citi and Bank of America.

Senate Democrats Enabled the Biggest Bank Merger Since the 2008 Crash
The proposed purchase of SunTrust by BB&T would create the sixth-largest bank in the U.S.

Thanks to GOP Tax Scam, Big Banks Made an Extra $28 Billion Last Year
The rich and corporations were given an “early Christmas gift” when the Republican tax bill was signed in 2017.

Why Aren’t Hedge Funds Required to Fight Money Laundering?
An ongoing effort to make big investment funds abide by the same rules that banks and brokerages follow has stalled.

Ocasio-Cortez Is on the Financial Committee, and Banks Are Afraid
Ocasio-Cortez promises to speak for a generation that came of age during the financial crisis.

Wall Street, Banks and Angry Citizens: The Inequality Gap Is Growing
In today's global economy, financial security is increasingly the property of the 1 percent.

Central Banks Have Gone Rogue, Putting Us All at Risk
Central bankers are now aggressively playing the stock market.