Finance

Congress tackles payday lenders after SCOTUS lets them off the hook

April 29, 2021 By PAI

Lawmakers aim to reverse the Supreme Court victory for sleazy businesses by changing the underlying law regulating them.

Fearing turmoil, Wall Street ups pressure on Trump to quit

November 23, 2020 By C.J. Atkins

With the economy in meltdown under the weight of a mismanaged pandemic and with U.S. influence waning around the globe, Trump is facing an exodus of support from finance capital.

Unions, workers, EPI back Warren bill to crack down on ‘private equity’ funds

August 9, 2019 By Mark Gruenberg

So-called “private equity” investment funds, one of the worst manifestations of anti-worker corrupt corporate capitalism, left Madelyn Garcia and her co-workers without jobs.

Senate passes rollback of some Dodd-Frank bank regulations

March 15, 2018 By Mark Gruenberg

Unbelievably, at a time of record-breaking bank profits, Congress now wants to deregulate some of the largest financial institutions in America.

GOP protects payday lenders; Ellison goes 0-for-3 on consumer protections

September 22, 2017 By Mark Gruenberg

Rep. Blaine Luetkemeyer, R-Mo., claimed federal regulation of payday lenders would harm consumers, but offered no proof.