Julia Rock is a reporter for the Lever.
Republican Senate candidate J. D. Vance is selling himself to voters as an anti-elite populist. But his financial disclosures show that he benefits from the carried interest loophole, which notoriously benefits the very richest, most elite investors.
Blackstone, the world’s largest private equity fund, just hired Senator Chuck Schumer’s son-in-law as a lobbyist — at the same time the Wall Street firm is lobbying the Senate on major financial legislation.
Chuck Schumer and Joe Manchin have reached a deal for an energy, health care, and tax policy bill after Manchin has delayed and watered it down. But the exact details of the bill, as well as its passage, are still far from guaranteed.
The Biden administration’s climate inaction is so bad that his own agency experts have signed a letter begging him to act to roll back emissions while there’s still time.
Last week, Intel’s CEO said that the semiconductor industry needs a $52 billion subsidy package to invest resources in the US. But there’s nothing in the subsidy bill that would guarantee benefits to American workers rather than Intel shareholders.
A newly created House district in Michigan is pitting the solidly pro-labor Democrat Representative Andy Levin against Representative Haley Stevens, a Democrat with a history of doing gig companies’ bidding and trying to smash worker protections.
Prices are rising — but a large portion of those markups is pure profit for corporations. One thing the Biden administration could do is investigate whether corporations are using inflation as a cover to illegally drive up prices.
Federal Reserve chairman Jerome Powell plans to address sky-high inflation by hiking interest rates — acknowledging that doing so will suppress wages and worker power. It’s a response that will force workers to bear the brunt of the inflation crisis.
While rent prices and evictions skyrocket, the Democrat-controlled New York state legislature has concluded its session without passing a good cause eviction bill. The proposed law would have protected 1.6 million people from getting evicted for no reason.
Billionaire Trump adviser and Blackstone CEO Stephen Schwarzman charges public workers exorbitant fees to manage their pensions, then uses those profits to bankroll Republicans bent on screwing those workers over.
Juliana v. United States is a historic climate change lawsuit seeking to establish a constitutional right to a livable planet. But the Biden administration has indicated it will fight tooth and nail to prevent the lawsuit from ever getting a trial.
Today is Jen Psaki’s last day as Joe Biden’s press secretary before becoming an MSNBC pundit. She’s the latest in a long line of Democratic presidential flacks who have become corporate lackeys and mouthpieces.
Under the guise of boosting US competitiveness with China, Congress is set to grant another round of massive corporate giveaways. The bill even includes $10 billion for Jeff Bezos’s space venture.
For decades, the American right has eroded the federal right to an abortion, while Democrats have failed to safeguard it. Democrats must now use their power to fund abortion access and protect basic reproductive freedoms.
Amazon has received over $300 million in subsidies from New York State — deals that stipulate the company must follow labor laws. But their blatant union busting means they could be forced to give that public money back.
A Democratic consulting firm that works for some of the country’s largest unions was exposed for aiding Amazon’s attempt to crush the Staten Island union drive. Democrats’ consulting class is profiting off both corporate union busters and the labor movement.
Joe Biden has been betraying his campaign promise to allow borrowers to discharge their student debts through bankruptcy. In a new letter, 27 Democratic senators are demanding the administration stop trying to overturn court rulings that help student debtors.
Pennsylvania lieutenant governor and US Senate candidate John Fetterman supports Medicare for All. So it was only a matter of time before he drew the ire of the ultrawealthy health care capitalists who benefit from our for-profit system.
As Trump’s education secretary, Betsy DeVos aided predatory for-profit colleges. You’d expect no less of such an enthusiastic education privatizer — but why is Joe Biden now defending those same predatory colleges?
Intel is awash in cash, spending billions on stock buybacks that made shareholders even richer. Yet the Biden administration is poised to give the company a no-strings-attached bailout that could further enrich those same shareholders.