Jared Kushner’s family real estate business received hundreds of millions of dollars in loans from financial companies after their leaders met with Kushner in the White House, The New York Times reported Wednesday. Joshua Harris, a founder of Apollo Global Management, met went to the White House multiple times to discuss infrastructure policy with Kushner,…
Elizabeth Warren on the Senate floor this evening, delivering one of the most powerful congressional speeches I’ve ever heard, attacking the provision in the omnibus government spending bill that amends the Dodd-Frank banking reform bill to restore the promise of taxpayer bailouts to big banks that lose money on crazy derivative gambling. “On Wednesday I…
Elizabeth Warren just delivered a slashing speech on the Senate floor about the Dodd-Frank rollback provision in the omnibus spending bill. She went through a list of Citigroup alumni holding top positions in the current administration, laid out the imperative for preventing the big banks from making the same crazy derivatives gambles that blew up…
The invaluable Thomas Edsall reports in his New York Times blog on a paper by an MIT economist, co-written with a Harvard political scientist and a French economist, that claims America can’t adopt more egalitarian social policies because it’s our “cut-throat capitalism” that allows countries like Sweden to have their “cuddly capitalism.” The idea is…
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