David Sirota is editor-at-large at Jacobin. He edits the Lever and previously served as a senior adviser and speechwriter on Bernie Sanders’s 2020 presidential campaign.
Florida’s GOP-controlled legislature just sent Gov. Ron DeSantis a bill that would put more state pension money in the hands of his prospective Wall Street donors. The bill could put DeSantis on the wrong side of a long-standing anti-corruption rule.
Supreme Court justices often change their ideological position over time, usually becoming more liberal in their rulings as they age. The goal of right-wing billionaires and activists injecting dark money into the court is to prevent this “ideological drift.”
For the last year, media pundits have insisted that today’s inflation has nothing to do with corporate profiteering, much to the delight of the capitalist class. It is more than clear now that they were wrong.
Alongside tireless political lobbying, Big Tech has infiltrated the academic institutions studying and often promoting AI — with little regard for the potentially catastrophic downsides.
In an interview, 2024 Democratic presidential contender Marianne Williamson discusses her criticisms of Joe Biden and the Democratic Party establishment.
While billionaire real estate mogul Harlan Crow was lavishing Supreme Court justice Clarence Thomas with luxury gifts, Thomas voted to strike down federal tenant protections that might hurt the profits of Crow’s company.
In 2021, Sen. Joe Manchin didn’t just block an expanded child and anti-poverty tax credits that had lifted millions out of poverty. A new study shows it also resulted in a massive regressive tax increase on the working class.
While receiving lavish gifts from billionaire Harlan Crow and then failing to disclose them, Clarence Thomas pushed to invalidate all disclosure laws, insisting that donors have a right to anonymously influence politics with unlimited amounts of cash.
In an interview, Rep. Alexandria Ocasio-Cortez discusses her call for Clarence Thomas’s impeachment, Joe Biden’s reelection prospects, and the need to dismantle the filibuster.
Under existing law, Joe Biden and his health secretary have the power to lower the price of medicines developed with taxpayer funds. They’re refusing to do so for the $180,000-a-year cancer drug Xtandi — after a furious lobbying campaign by Big Pharma.
Five years before customers fled Silicon Valley Bank en masse, federal regulators acknowledged that the nature of the bank’s deposits made it especially susceptible to such bank runs — but did nothing to reduce the risk.
In 2021, the Fed approved a merger application from Silicon Valley Bank with Boston Private Bank and Trust, believing that the newly enlarged institution presented no danger to the financial system. After SVB’s collapse, the Fed is changing its tune.
In the months before Silicon Valley Bank’s collapse, the bank’s lobbying groups fought a proposal requiring financial institutions to increase payments into the Deposit Insurance Fund that protects depositors from bank failures.
The news of Silicon Valley Bank’s recent collapse is dominating headlines. Just eight years ago, SVB’s president pushed legislators to exempt more midsize banks — including SVB — from regulations passed in the wake of the 2008 financial crisis.
In the wake of a disastrous rail accident in Ohio, Secretary of Transportation Pete Buttigieg says he doesn’t have the power to compel the rail industry to upgrade its safety equipment and procedures. But he does.
By letting false friends in the GOP appeal to striking railworkers, Democrats are playing with fire.
For years, rail companies have resisted federal safety regulations to cut costs. The major train derailment in Ohio last weekend, which resulted in the emergency evacuation of residents nearby, is the fruit of such profit maximization.
The comedian, actor, and political activist Russell Brand on political polarization and how establishment voices attempt to silence dissent.
As public officials across America prepare to funnel even more of government workers’ savings to private equity moguls, they risk gambling away public retirement money as private equity values drop and industry executives continue to rake it in.
Joe Biden has repeatedly pushed to cut Social Security in the past. But a proposal to end the payroll tax exemption for the rich would bolster the crucial government service and even has Joe Manchin’s support. The president has no excuse not to support it.