After 30 Years of Taking Their Money, It May Be Too Late for the West to Get Putin’s Oligarchs
Grace Molteni/Mother Jones illustration; Getty Fight disinformation. Get a daily recap of the facts that matter. Sign up for the free Mother Jones newsletter.Vladimir Putin’s invasion of Ukraine has put the issue of international corruption front and center, sparking conversations and regulatory changes that policymakers in Washington and European capitals had put aside for decades. But…
Is Elon Musk Really Making Investing Decisions via Twitter Poll?
Jae C. Hong/AP Fight disinformation. Get a daily recap of the facts that matter. Sign up for the free Mother Jones newsletter.Just what is the world’s richest man up to? Who, after all, makes investment decisions by Twitter poll? Elon Musk, it would seem. Tesla’s founder, worth $318.4 billion on Sunday (it changes by billions…
The Fed Plays a Huge Role in Perpetuating Racial Disparities. Joe Biden Wants to Fix That.
Joe Biden speaks at a campaign event in New Castle, Delaware, on July 21, 2020.Andrew Harnik/AP For indispensable reporting on the coronavirus crisis and more, subscribe to Mother Jones’ newsletters.The Federal Reserve has a huge role to play in racial equality, but it has long perpetuated the income and wealth gaps between Black and white…
Trump Regulators Just Rolled Back a Major Obama Era Bank Reform
strmx/AP For indispensable reporting on the coronavirus crisis and more, subscribe to Mother Jones’ newsletters.On Thursday, five federal regulatory agencies voted to roll back a key financial rule enacted following the 2008 financial crisis. The change will make it easier for banks to invest in venture capital and will tweak some restrictions on bank investing in…
Warren vs. Sanders: Inside the Progressive Debate Over the Student Debt Crisis
Mother Jones illustration; Getty Last April, the socialist magazine Jacobin had a message for its favorite presidential candidate: “As President, Bernie Sanders Should Cancel All Student Debt.” The secretary of Education, the magazine argued, could wipe out most of the $1.6 trillion in outstanding college loans “with the stroke of a pen.” As his reward,…
Private Documents Reveal What Wall Street Really Thinks About Elizabeth Warren
Barcroft Media/Getty A major bank that Elizabeth Warren once sharply criticized has some stark warnings for Wall Street investors about her potential presidency. Warren’s corporate tax plan, according to one memo the bank circulated, would “directly impact corporate earnings.” Her nine-point eligibility test for international trading partners—which requires a commitment to protect religious freedom and…