Truthout
Federal Reserve
Fed Chair Jerome Powell Sold Over $1 Million in Stocks Right Before Crash
The sale came on the first day of October 2020, which was among the worst months of the pandemic for the stock market.
Warren Calls for Insider Trading Investigation at Fed After Scandal Emerges
Directly before pandemic policy changes were announced, the Fed's vice chair made stock trades worth up to $5 million.
Warren Introduces Bill to Protect Bank Customers, Small Banks From Consolidation
Federal regulators haven’t formally rejected a bank merger in 15 years.
Activists Ramp Up Pressure on Biden Administration Ahead of UN Climate Talks
Climate justice activists are intensifying their push for President Biden to appoint a climate leader to head the Fed.
Elizabeth Warren Calls for Ban on Federal Reserve Officials Trading Stocks
The agency is looking into changing its rules around allowing its staff members to trade stocks.
Tlaib and Pressley File Bill to Force Fed to Divest Banks From Fossil Fuels
The bill requires the Fed to ensure bank financing projects are in line with the U.S.’s climate commitments.
Elizabeth Warren Calls for Breaking Up “Ungovernable” Scandal-Ridden Wells Fargo
The company was recently fined $250 million for failing to compensate customers for a 2018 scandal.
Biden Shouldn’t Reappoint Powell to Federal Reserve. He’s Soft on Wall Street.
Under Trump, Jerome Powell supported rolling back several financial regulations put in place after the Great Recession.
AOC and Rashida Tlaib Urge Biden to Dump Trump’s Fed Chair
Critics say Jerome Powell's track record on climate and financial regulation should disqualify him from staying on.
Average Global Temperature Has Risen Steadily Under 40 Years of Neoliberalism
Yet we continue to allow fossil fuel companies to profit off destroying the planet, says economist Robert Pollin.