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Freddy Brewster is a reporter with the Lever. He has been published in the Los Angeles Times, NBC News, CalMatters, the Lost Coast Outpost, and more.
State lawmakers across the US have moved to shield residents from sky-high interest rates charged by out-of-state banks. Two GOP congressmen, both heavily financed by Wall Street, are pushing federal legislation to override those state protections.
A former Deutsche Bank compliance officer told the FBI she was fired in 2018 after flagging suspicious activity in accounts linked to Jeffrey Epstein and Jared Kushner, offering yet another example of how they operated above the law.
The major credit reporting companies that help determine your ability to obtain a loan, buy a house, or get a job are urging the Trump administration to hide consumer complaints about their potential misdeeds, which can wreck families’ finances.
Amid aggressive bank lobbying and Donald Trump’s efforts at deregulation, we may be seeing the return of residential-mortgage-backed securities — one of the financial products that led to millions of foreclosures during the Great Recession.
The largest immigrant deportation and prison contractors in the US are expecting an epic payout this year: for every $1 that they donated to GOP campaigns in 2024, these private companies stand to reap more than $11,000 in increased annual revenue.
House Democrats worked with the GOP to advance a bill establishing a publicly funded corporate lobbying committee within the Securities and Exchange Commission. Several lawmakers pushing the bill are heavily funded by businesses overseen by the regulator.
A new study from the Pentagon’s favorite consulting firm, RAND Corporation, found that raising taxes on corporations could reduce the federal deficit better than Donald Trump’s aggressive tariff regime.
The Federal Reserve has quietly delivered nearly half a trillion dollars to Wall Street with few strings attached over the past few months. These cash infusions could signal instability in the broader financial sector.
As Donald Trump threatens a military attack on Iran, shadowy conservative groups working to gut consumer protections and roll back abortion rights have also been pouring millions into influential think tanks advocating for regime change in the country.
Donald Trump is leaning heavily on drug-trafficking accusations to justify his recent kidnapping of Nicolás Maduro. But a new congressional report has found that the vast majority of illegal drugs come to the US via Mexico and China, not Venezuela.
Financial fraud has exploded in the past few years, with consumers reporting more than $12.5 billion in losses in 2024. President Donald Trump’s deregulatory agenda isn’t helping.
Two years before hosting a meeting with Elon Musk in Dubai, Emirati logistics CEO Sultan Ahmed bin Sulayem asked Jeffrey Epstein to connect him with the Tesla head, newly released emails show. It’s not the only time Musk has come up in the Epstein files.
In the deal to end the government shutdown, lawmakers added clauses that would temporarily bar states from regulating which foods manufacturers can label “healthy” and suspend new listeria regulations.
After intense lobbying and major campaign donations, the emergency spending bill intended to end the federal government shutdown is including language abolishing rules designed to prevent food contamination and foodborne illnesses at farms and restaurants.
Millions of Americans with Affordable Care Act plans are facing devastating health care costs after Republicans failed to renew pandemic-era extended insurance tax credits. Meanwhile, major insurers are raking in extravagant profits.
Samuel Alito has a financial stake in a pending Supreme Court case that could affect whether states can hold federal contractors accountable for environmental damage and other corporate malfeasance. Alito has so far ignored calls to recuse himself.
Across the US, people are increasingly defaulting on their car loans — a dire economic indicator because these loans are usually the last payment Americans are willing to miss. Meanwhile, auto insurers are raking in record profits after hiking rates.
The Supreme Court, urged on by well-funded far-right ideologues like Stephen Miller, is set to curtail important provisions of the Voting Rights Act, opening the door to aggressive, racially based disenfranchisement.
After years of pushing sensationalized claims about foreign threats, Silicon Valley’s military start-ups are set to score billions in funding for drones and AI-powered weapons in the nearly $1 trillion defense budget.
GOP lawmakers recently ordered social media companies to testify before the House Oversight Committee to “examine radicalization of online forum users” — while notably excluding companies led by Donald Trump’s closest Big Tech allies, Meta and X.