A little over a year since the Trump administration came to power, Congress should hold Chairman Atkins to account for the role the SEC is playing to consolidate the power of the oligarchy through dramatic market-moving changes — all of which the agency has made through quick tweaks that avoid procedures that would have given stakeholders a chance to weigh in and check this power grab.
What does the SEC have to do with the oligarchy? Unfortunately, quite a lot.
Now, the drumbeat of Trump’s self-dealing is practically a corruption drumroll. In the latest exposé of the First Family using their clout to boost their personal wealth, the Wall Street Journal detailed how Sheikh Tahnoon bin Zayed Al Nahyan of the United Arab Emirates secretly purchased a 49 percent stake in the Trump family’s World Liberty Financial (WLF).
The Senate Agriculture and Banking Committees are taking up controversial and increasingly partisan crypto legislation that would expose people’s retirement savings, the financial system, and the economy to highly-risky crypto tokens.
This week, President Trump announced that he is “taking steps” to ban institutional investors from acquiring more single-family homes as part of a plan to deal with housing affordability.
During the holiday season, postal workers move over approximately 15 billion pieces of mail and packages and handle more than 400 million packages every single week. Take a moment to send a note of thanks to postal workers this holiday season to let them know how much you appreciate their hard work and public service.
Climate change is driving more severe and frequent disasters and higher recovery costs. Home insurers have responded by jacking up rates and retreating from markets rather than working with households and communities to bolster resilience and lower the risk. This tactic reduces the insurance industry’s exposure and protects its profits, but families nationwide are finding it much harder to find or afford home insurance.
