RACHEL MARTIN, HOST:
In Congress, populists are in power on the committees that oversee the big banks. And as NPR s David Gura reports, that means Washington is a tougher environment for the CEOs running those banks.
DAVID GURA, BYLINE: Senator Sherrod Brown has not forgotten the housing crisis. He says that in the first half of 2007, there were more foreclosures in his hometown than anywhere else in the country. Not more than a decade later, after another recession, Brown believes too many Americans are still getting the short end of the stick.
SHERROD BROWN: They never get bailed out. They never get a second chance. They re just not in a position, in an economy like this where Wall Street writes the rules, that they can get ahead.
ויכוחים ושתיקות מביכות: הבנקאים הבכירים בארה ב מושכים אש
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By Sarah Viren
May 25, 2021
… J. Kehaulani Kauanui had just woken up. She was reading a story on her phone in bed, a confession written by a woman named Jessica Krug, when, quite suddenly, it yanked her into the past.
“To an escalating degree over my adult life, I have eschewed my lived experience as a white Jewish child in suburban Kansas City,” wrote Krug, a history professor who had for years identified and published as a Black and Latina scholar. “I have thought about ending these lies many times over many years,” she continued, “but my cowardice was always more powerful than my ethics.”
47abc
May 25, 2021
DELAWARE – In Delaware, a trio of bills were introduced that are slated to address police reform, and all of this comes on the anniversary of George Floyd’s murder. Now, some members in the Delaware community want police reform, and three bills making their way through the general assembly could possibly do that. “Our communities don’t want to do away with policing, they want policing that they can trust and they want to have a collaborative relationship,” says one of the bill’s sponsors, Senator Elizabeth Lockman.
We’re told three senate bills are going to address some key subjects when it comes to policing, transparency and accountability between the community and the police. “It doesn’t specifically outline how that would look, doesn’t establish them but it makes sure we’re clearing a path for those to exist effectively,” says Sen. Lockman.
Insight: âThe power to determine the quantity of money⦠is too important, too pervasive, to be exercised by a few people, however public-spirited, if there is any feasible alternative. There is no need for such arbitrary power⦠Any system which gives so much power and so much discretion to a few men, [so] that mistakes â excusable or not â can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic â this is the key political argument against an independent central bank.â âMilton Friedman (1912-2006)
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