financial industry

Obama's Big Shift: Let's Truly Investigate the Banking Sector's Crimes

President Obama said he’s eager to debate equal opportunity in last night’s State of the Union. But he also offered a huge policy change he’s avoided for four years: investigate the banks’ housing boom crimes.

Obama Skips GOP, Appoints Consumer Watchdog Cordray

The Consumer Financial Protection Bureau is the sole reform to come out of the financial crisis that aims to deal with that fact.

Are Lawmakers Listening? The Consumer Watchdog Vote Will Tell

There’s a quite specific way our representatives can show if they’re listening to the growing movement: get the consumer watchdog fully up and running. And there will be many, many fights to follow.

The U.S. Doesn't Have a Debt Problem. It Has a Crisis of Values.

The debt deal is an extension of the grand bargain Washington’s leaders made with Wall Street nearly four years ago: to save the wealthy at the expense of everyone else. The U.S. doesn’t have a debt problem; it has a values problem.

Who's Grabbing Africa's Land? U.S. Speculators, Including Universities

The financial industry has identified rich soil in poor countries. But watchdogs warn that turning Africa’s land over to the global financial marketplace will deepen an already growing food crisis.