The American Prospect1h
Silicon Valley Bank Purchaser Evades Tougher Regulatory Scrutiny
First Citizens only purchased a portion of SVB’s assets, leaving it under the $250 billion threshold for enhanced supervision ...
The American Prospect14h
Using Industrial Policy to Promote Social Justice
Secretary Gina Raimondo told The New York Times in an interview, “You will not be successful unless you find a way to attract ...
The American Prospect1d
Donald Trump Deserves to Be Indicted
But not just for the Stormy Daniels affair; the most corrupt president in American history has gotten away with far too much.
The American Prospect1d
The SVB Collapse Reveals the Class Bias in American Policymaking
When bankers blow their businesses up, it’s no-questions-asked bailout time. When student borrowers need relief, not so much.
The American Prospect5d
Rich Bank Dumb Bank
Was Signature, the other bank in the Great Panic of 2023, a failure or a patsy? About five years ago, a man I’ll call “Ben” ...
The American Prospect4d
Can K Street’s Most Pro-Biden Firm Save TikTok?
What’s even more telling about the recent techlash against TikTok is the K Street firm that ByteDance hired to steer the ...
The American Prospect7d
The Fed’s Silicon Valley Bank Cover-Up Won’t Work
Supervisors are trying to claim that they warned the bank about its riskiness. But the central bank willingly weakened its ...
The American Prospect5d
David Sacks Justifies Bailout by Highlighting Elite Private Boarding School
Claiming that a failure to guarantee all Silicon Valley Bank deposits would hurt ‘mom-and-pop’ businesses, Sacks then chose ...
The American Prospect6d
HUD Steps Forward on Junk Fees in Rental Housing
Earlier this month, HUD Secretary Marcia Fudge issued guidance to landlords, rental platforms, housing counselors, and state ...
The American Prospect5d
A Big Miss on Drug Prices
The Biden administration has seen firsthand in the past few weeks the benefits of using statutory power to bring down ...
The American Prospect8d
Former Wells Fargo Exec Could Do Prison Time
Does the plea bargain by Carrie Tolstedt, who led Wells’s corrupt fleecing of customers, suggest a belated criminal crackdown ...
The American Prospect12d
Closing the Earned Income Tax Credit Audit ‘Doom Loop’
More taxpayer education could get some people out of this IRS vortex, but the real issue is assumptions guiding the agency’s ...