Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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The Republican Retreat From Market-Based Regulation
By Mark ThomaDuring the debate over the repeal of Obamacare, Republicans made frequent reference to their desire for a “free market” for health care. This is consistent with the GOP’s long-standing support of...
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Who’s Watching Wall Street? The Feds Turn a Blind Eye to Goldman’s Game
By David DayenWhy are House Republicans working so hard to repeal Wall Street reform when regulators have shown so much willingness to neglect tougher laws?
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You Get What You Pay For: Banks Spent Billions on Lobbying During the Election
By Pete Schroeder, ReutersBanks and other financial companies expecting big benefits from Republican-led deregulation spent record amounts on lobbying in the last election cycle, according to an advocacy group report released...
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The One Way Trump’s Administration Really Is a Fine-Tuned Machine
By David DayenThe government-by-mood-ring fluctuations of the Trump presidency have corrected the myth that politicians conjure up devious plans to manipulate the public years in advance. It’s beyond clear that...
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Trump the Populist Is Trying to Hobble a Champion of the Little Guy
By Ciro ScottiAfter being bested by Hillary Clinton in a primary contest that saw the deck stacked against him by the Clinton Machine, Bernie is back in the Senate doing what he has always done for the past 30-odd...
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Overhauling Dodd-Frank May Not Succeed, but Also May Not Matter
By Liz PeekNancy Pelosi says President Trump’s call to reshape Dodd-Frank is a “massive con” and that he is putting #WallStreetFirst. Sadly, she has set the tone for Congressional Democrats, siding with...
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Populist on the Trail, Trump Pivots Toward the Banking Industry
By Rob GarverAfter a campaign spent railing against his opponent’s connections to Wall Street banks and promising to stand up for ordinary Americans against the moneyed interests holding them back, President...
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In the Trump Administration, Credibility May be a Problem
By Mark ThomaAs a department chair at a university, you learn that a promise from the Dean or anyone else in the administration is good for about five years. That’s approximately how long Deans last, on average,...
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Here’s Who Wins With Trump’s Order to Slash Regulations
By Rob GarverTrump on Monday morning signed an executive order on Reducing Regulation and Controlling Regulatory Costs. The order is unquestionably a gift to the business community, which constantly complains of...
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How the GOP Could Wipe Out Federal Regulations in One Easy Step
By Rob GarverA new interpretation of an old law may allow Republicans to wipe out decades of federal regulations. Congressional Republicans have been eager to dismantle many of former president Barack Obama’s...
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$14 Trillion: Cost of Rescuing World Economy
By Stella Dawson, ReutersThe amount of money thrown at rescuing the world economy since the Great Recession began is truly staggering, probably more than $14 trillion, and the financial spigots are still open. Industrialized...
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Citigroup CEO Sued Over Pay
By ReutersDays after being rebuked by shareholders, Citigroup Chief Executive Vikram Pandit and the bank's directors have been sued for allegedly awarding outsized pay to top executives.
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The Income Gap: A New Look at an Age-Old Problem
By Merrill Goozner, The Fiscal TimesNoted University of Texas economist James K. Galbraith has written and edited a new book called “Inequality and Instability: A Study of the World Economy Just Before the Great Crisis,” which says...
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CEO Turns Chesapeake Energy into an ATM Machine
By ANNA DRIVER and Brian Grow, ReutersA series of previously undisclosed loans to Aubrey K. McClendon could once again put Chesapeake's CEO and shareholders at odds. McClendon has borrowed as much as $1.1 billion in the last three years...
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A Bull Market for Bank Stocks? Not So Fast
By Suzanne McGee, The Fiscal TimesBank stock investors have ample causes to celebrate this spring. Not only are their share prices soaring – the financials group within the S&P 500 posted a return that was more than double the...