The American Prospect
The War of Capital
Asset managers, private investment firms, and institutional investors like pension funds have divergent interests, though as the SpaceX IPO reveals, the money power acts in concert.
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15mThe Assault on Congress’s Anti-Monopoly Solution
By letting presidents fire independent agency commissioners at will, the Supreme Court broke a deliberate diffusion of power that is as old as the Constitution itself.
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5mThe Court Equivocates on Whom to Deport
Birthright citizenship appears to be OK, but refugees from ‘shithole countries’ gotta go.
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11mAnti-Monopoly Bill Hits Make-or-Break Moment in California
Advocates have gained momentum to beef up the state’s primary antitrust law, but the largest companies in the nation are trying to stop it.
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10mThe SAVE Act Comes for Everything
First it was FISA, then a housing bill that overwhelmingly passed. Now it’s going to end congressional lawmaking for the rest of the year.
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15mCrypto Industry Gets Its Way on GENIUS Act Rulemaking
The primary federal regulators of stablecoins are finalizing their rules for GENIUS Act implementation and, much to the chagrin of the banking industry, crypto firms are getting everything they want.