Move Fast and Break Everything: Crypto and the Democrats
How the Democrats brought crypto back from the dead after the FTX collapse and how weak oversight harms consumers and produces systemic risk.
Read more...Category Archives: Regulations and regulators
Fed’s Standing Repo Facility (SRF) Drops to Zero, from $75 Billion on the Last Balance Sheet as Yearend Liquidity Turmoil Dissolves
Unpacking the much-ado-about-nothing over year-end use of the Fed’s pet liquidity-providing mechanism, its standing repo facility.
Read more...Deaths by Liposuction Still Fail to Stop Ads Promising ‘Dream Body’ With Minimal Risk
Liposuction deaths at a private-equity-backed spa chain, after other liposuction deaths, fail to elicit responses like curbs on advertising.
Read more...AI and Systemic Risk
The popular press is whistling past the graveyard of AI systemic risk even as heavyweight experts warn more needs to be done.
Read more...Satyajit Das: The Shadow of Financial Instability
Shadow banks, rebranded as anodyne “non-bank financial institutions” are larger than ever and pose a threat in a new financial crisis
Read more...Behind the USDA’s Regenerative Rhetoric Lurks Business as Usual
More on a part of the MAHA con, that of regenerative farming, which is simply a rebrand of factory farming.
Read more...Oklahoma’s Ban on Chinese-Owned Farmland Made an Exception for Smithfield Foods
Despite introducing legislation across the country to restrict foreign ownership of farmland, lawmakers do not appear motivated to target monopolistic firms, or to bring more of the food supply chain under domestic control.
Read more...What’s at Stake in Trump’s Executive Order Aiming to Curb State-Level AI Regulation
Fortunately, an executive order won’t stop states from restricting AI. But expect the Administration to try other routes.
Read more...Political Power and Profitable Trades in the US Congress
A new study finds that it’s not the Congress rank and file that generates insider trading big bucks, only some of the leaders.
Read more...Trump’s Idea for Health Accounts Has Been Tried. Millions of Patients Have Ended Up in Debt.
A look at Trump’s non-solution to the looming problem of the expiration of Covid-era ACA subsidies.
Read more...Blockbuster San Francisco Lawsuit Targets Food Industry Giants Over Ultraprocessed Foods, with Extensive Documentation of Health Damage and Success in Producing Addiction
A case by the San Francisco attorney documents Big Food’s use of ultraprocessed food to create addicts in a repeat of the tobacco playbook.
Read more...Trump Administration Supporting Bayer at Supreme Court Over Monsanto/Roundup Deal, Savaged by Investors for Wealth Destruction in the Name of Executive Preservation
Bayer saddled itself with the Monsanto/Roundup garbage barge over fierce investor protest, and is now seeking Supremes relief.
Read more...Bitcoin, Crypto Plunge Accelerates as Leveraged Players (“Treasuries”) Like Strategy Dump Holdings
A big leverage unwind in Bitcoin is accelerating, dragging down other crypto. How much further will the fall go before hitting bottom?
Read more...MAGA Antitrust Is Officially Dead: DOJ Sanctions Price Fixing With Slap on the Wrist Settlement Against Rental Housing Collusion Kingpin RealPage
Private-equity-owned RealPage can still lead national rental housing cartel as it moves to access renters’ financial data and embraces AI decision-making. The company is also suing New York state for violating its speech by attempting to stop its illegal behavior.
Read more...Heavy Metals Contamination Fears Go Mainstream with Infant Formula and Protein Powders
Heavy metals are a legitimate food safety concern. That has created a mini-industry of conflicted measurement and certification players.
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