For decades, democratic leadership has tried to market its willingness to craft pro-corporate policy as political sophistication. Last summer, 2028 presidential hopeful Ruben Gallego championed the GENIUS Act, a bill that deregulates parts of the cryptocurrency industry, which directly benefits one of Trump’s crypto firms. At a 2025 forum, Gallego repeated a vague, starry-eyed, crypto […]
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The financial world doesn’t appreciate seeing the federal government advertise its vulnerabilities, even sotto voce, and Republican Senator Ted Cruz of Texas, who between 2019 and 2024 collected nearly $2 million in campaign contributions from the securities and investment sector, introduced during that same time period three successive bills to abolish OFR, which he called “useless and unaccountable.” Last year’s “One Big Beautiful” […]
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Emily DiVito, senior adviser for economic policy at Groundwork Collaborative, said, “The steady rise in the use of buy now, pay later loans to cover the basics, like groceries and rent, is a warning sign that working families are under real financial strain. Prices for essentials are climbing as a result of the president’s reckless […]
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