Tuesday, December 17, 2024

Tag: big banks

Banks raked in $6.4 Billion in overdraft fees in 2017. Where’s...

Think about this: the world's most bloated financial giants are growing even fatter and richer off the backs of people who are already broke.

How our banking system destroys the free market

The foundation of an economy is money. And if the creation, value and availability of that money are controlled by few elites instead of a free market then it doesn’t matter how complex and a giant system we build.

Shifting US-Japan geo-politics, banking landscape and financial regulations in the Trump...

The dichotomy fueled by ongoing money conjuring policies can’t end well; it can only result in another crisis.

Banks have cut funding for fossil fuels projects 22 percent

But activist groups say that’s not enough: There’s no resting, even after divestment victories.

Dear President Trump: Breaking up (banks) isn’t so hard to do

Glass-Steagall or another economic meltdown?

Warren skewers Mnuchin for doublespeak on breaking up banks

What does it mean to be in favor of 21st century Glass-Steagall if it doesn’t mean breaking apart banks?

Trump’s new bank regulator: Lawyer who helped banks charge more fees

Keith Noreika helped big banks avoid state laws protecting consumers. As head of the Office of the Comptroller of the Currency, he now has the power to override those state laws.

What Trump’s idea to break up big banks could mean for...

While it is unclear whether Trump’s plans are serious, it’s worth considering what breaking up the banks could mean for typical bank customers.

The empire expands

Not the American one, but Trump’s.

A bank even a socialist could love

The fight for public banking is gaining ground in cities and states across the country.

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GOP-led states risk leaving 10 million children hungry by rejecting $1.14 billion summer food...

Twelve Republican-led states face a January 1 deadline to join the Summer EBT program, a lifeline for millions of hungry kids, as advocates urge governors to act amid rising food insecurity and economic challenges.

More than 120 House Democrats urge Biden to ratify Equal Rights Amendment as deadline...

Lawmakers push President Joe Biden to finalize a constitutional ban on sex discrimination while Republicans invoke past deadlines to stall progress.

6 fracking Billionaires and climate denial groups behind Trump’s cabinet

Trump’s nominees are backed by major players in the world of climate obstruction – from Project 2025 and Koch network fixtures to oil-soaked Christian nationalists.

Trump’s Cabinet picks aren’t just unqualified and inexperienced—they’re morally bankrupt

While every president has a right to select their own Cabinet appointees, the Senate also has the Constitutional authority to decide whether each nominee is fit to serve.

Endo’s end around: How one of the nation’s largest opioid makers escaped a $7...

Endo “came with a strategy purposely intended to reduce payments to opioid victims."