Tag: Elizabeth Warren

The Long Fight to Cancel Student Loans

Those who object to canceling student debt usually point to income quintiles: People with large quantities of debt—i.e., people who went to graduate school—are more likely to earn high incomes. Some critics even argue that cancellation would be “regressive,” that it would give the biggest boost to high earners and those privileged enough to go […]

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Amazon Started A Twitter War With Elizabeth Warren Happened Because Jeff Bezos Was Mad

On Friday, a strange thing happened on social media: Amazon started a Twitter war with Elizabeth Warren. The Amazon News account went from delivering, well, the news to getting snarky with the Massachusetts senator (and Ballers superfan), who’s long been a fierce critic of corporations who avoid paying their full taxes and treat their employees […]

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Rep. Ayanna Pressley Reintroduces People’s Justice Guarantee for Wide-Ranging Criminal Legal System Reform

Photo: Tom Williams-Pool (Getty Images) Rep. Ayanna Pressley (D-Mass.) on Wednesday reintroduced a resolution aimed at driving decarceration and making the criminal legal system more equitable and just. Advertisement The People’s Justice Guarantee, first introduced in 2019, is being put forward again by Pressley at a time when the Democratic-led Congress seems ready to acknowledge and […]

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Elizabeth Warren Does Not Appear To Be A Bitcoin Fan: ‘Speculative In Nature And Going To End Badly’

Elizabeth Warren has been busy lately, laying out plans for a tax on the hyper-wealthy and advocating for a $15 dollar minimum wage for the rest of Americans who aren’t in the super-yacht market these days. But she’s also warning that Bitcoin and other cryptocurrencies may not be the path forward for people who aspire […]

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The Deep Rot of the Massachusetts Democratic Party

In the 4th District, a young Jake Auchincloss—with the help of his mother’s expansive donor network, forged through her role as head of the Dana-Farber Cancer Institute and her cozy relationship to The Boston Globe—won Congressman Joe Kennedy’s former seat. Prior to his electoral victory, Auchincloss worked for Baker; he is viewed by progressives in […]

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Dems Pressure Biden To Cancel $50K Of Student Loan Debt To Help Close Racial Wealth Gap

NewsOne Featured Video Source: Catherine McQueen / Getty Massachusetts lawmakers are venturing forward in the fight to eliminate student loan debt, calling for President Joe Biden to cancel $50,000 in debt for each of the roughly 44 million Americans who are burdened with federal student loans. Rep. Ayanna Pressley and Sen. Elizabeth Warren have been […]

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Democratic Lawmakers Ask HHS to Allocate Portion of COVID-19 Relief Funds to Grassroots Groups in Communities of Color

Local residents fill out paperwork at a mobile COVID-19 testing station by St. John’s Well Child and Family Center on April 28, 2020. Photo: Robyn Beck (Getty Images) In the midst of a vaccine rollout plagued by slowdowns as well as lingering suspicions from Black Americans and others about trusting the government’s response, Democrats are […]

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Why Can’t the SEC Just Agree That Bribing Foreign Governments Is Bad?

Under the proposed language Clayton has backed, companies would only have to report their collective payments at the national or major subnational level, and payments under $150,000 would be exempt entirely. Furthermore, exemptions would be made in situations where foreign law prohibits disclosure. Gary Kalman, director of Transparency International’s U.S. office, commented to the SEC […]

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Here Come the Adults

No one who studied Biden closely over the years should be surprised by the ideological tenor of his initial appointments. Biden is a centrist Democrat with a finely developed political antenna that permits him to move to the left when public opinion shifts. It is why Biden was faster than Obama and many other Democrats […]

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The Biden Popular Front Is Doomed to Unravel

Mark Peterson for The New Republic Trump didn’t sell out his supporters. In fact, his presidency saw something extraordinary, even if it was all but invisible from the country’s globalized cities: the first egalitarian boom since well back in the twentieth century. In 2019, the last non-Covid year, he presided over an average 3.7 percent […]

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Every Argument Against Student Debt Forgiveness, Explained (and Dismissed)

Image: Romanenky Alexy (Shutterstock) The Root UniversityThe Root University offers a wide range of online classes and academic resources “for the culture.” What happens to a student loan deferred? Does it dry uplike Donald Trump’s skin?Or draw interest—Do payments ever end? Does it grow into a mountain of debt?Until an unknown numbercalls you up to […]

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Government Accountability Office to Investigate Claims of Systemic Racism in Veteran Affairs

Photo: Alastair Pike/AFP (Getty Images) The revelation that nearly 80 percent of workers surveyed at Veterans Affairs believe there is widespread racism throughout the federal agency has prompted an investigation by the U.S. Government Accountability Office into the reports of discrimination. The GAO is a non-partisan congressional watchdog body charged with auditing federal institutions. Advertisement […]

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Black Votes Matter: What Eliminating The Electoral College Would Mean For African Americans

Source: Encyclopaedia Britannica / Getty UPDATED: 9:30 a.m. ET, Sept. 22, 2020 — Scrutiny of the Electoral College got was a top trending topic Tuesday morning after CNN’s Don Lemon called for “the entire system” to be overhauled. Lemon’s argument centered on the fact that the United States’ population is increasingly becoming non-white but the […]

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How to Save the Pandemic Generation

There’s a looming student debt cliff awaiting us in 2021. With America in the teeth of the Covid-19–enabled economic downturn, lawmakers suspended federal student loan payments for 80 percent of federal student loan borrowers. This measure, which President Donald Trump extended a few weeks ago, is set to expire on New Year’s Eve, which means […]

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More Places Are Naming Racism as a Public Health Crisis. Here’s How to Make That More Than Lip Service

Photo: BRYAN R. SMITH (Getty Images) When Milwaukee County declared racism a public health crisis last year, the news didn’t make a lot of waves. Advertisement The decision, signed into law by Milwaukee County Executive Chris Abele in May 2019, was regarded as an overdue and necessary step by local officials, who noted the county’s […]

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Exclusive: Sen. Elizabeth Warren and Reps. Ayanna Pressley, Barbara Lee Unveil Historic Legislation Confronting Public Health Impact of Structural Racism

Photo: Michael M. Santiago (AP) Sen. Elizabeth Warren (D-Mass.) and Reps. Ayanna Pressley (D-Mass.) and Barbara Lee (D-Calif.) announced on Thursday a new plan that would declare racism a public health issue. Dubbed “the Anti-Racism in Public Health Act of 2020,” the legislation is the first of its kind and would harness the power of […]

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Private Equity Is Cannibalizing the Post-Pandemic Economy

In April, just after the coronavirus had transformed into a full-blown public health emergency in the United States, The New York Times reported that investment firms were eyeing the unfolding disaster as yet another opportunity to make money. As retailers and other businesses began to feel the squeeze of the economic downturn, large investors drew […]

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The Puzzlingly Substanceless Democratic Convention

Obama’s speech did more than criticize Trump and warble about the virtues Joe Biden would bring to the White House, though. It also marked the return of traditional oratory to the Democratic Convention. Before Wednesday night, this convention has been strong on feelings and light on substance. Again and again, we have been reminded Joe […]

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Joe Biden’s Great Reclamation Project

Provided that the polling of late summer holds (a big “if” in presidential politics), on January 20 Joe Biden will—as a late bloomer on par with Grandma Moses—have finally achieved his life’s great ambition at age 78. As he moves into the Oval Office after his inaugural address and the congressional luncheon, Biden will face […]

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What Joe Biden Wants

Most pundits also seem to assume that Biden is, in effect, choosing his successor, tapping not only a vice president but the probable Democratic presidential nominee in 2024. But the model of an ambitious politician using the vice presidency as a stepping stone to the White House is fast fading—the modern vice presidency has changed. […]

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Stop Fretting About Biden’s VP Choice

In fact, in their new book, Do Running Mates Matter? political scientists Christopher Devine and Kyle Kopko concluded “that vice presidential candidates, in general, do not deliver an electoral advantage in their home state, division, or region.” Devine and Kopko even debunk the myth that Johnson delivered Texas for Kennedy in 1960, stressing that there is […]

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Stop Fretting About Biden’s V.P. Choice

In fact, in their new book, Do Running Mates Matter? political scientists Christopher Devine and Kyle Kopko concluded “that vice presidential candidates, in general, do not deliver an electoral advantage in their home state, division, or region.” Devine and Kopko even debunk the myth that Johnson delivered Texas for Kennedy in 1960, stressing that there is […]

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