A Secretive Hedge Fund Is Gutting Newsrooms

The Tribune Tower rises above the streets of downtown Chicago in a majestic snarl of Gothic spires and flying buttresses that were designed to exude power and prestige. When plans for the building were announced in 1922, Colonel Robert R. McCormick, the longtime owner of the Chicago Tribune, said he wanted to erect “the world’s […]

FCC gutting net neutrality would reverse over a decade of work trying to protect internet users

In a new proposal issued last week, the Federal Communications Commission (FCC) set out a plan to eliminate net neutrality protections, ignoring the voices of millions of Internet users who weighed in to support those protections. The new rule would reclassify high-speed broadband as an “information service” rather than a “telecommunications service” (remember, the FCC […]

The AHCA’s Tradeoff: Gutting Care for the Poor to Get Tax Cuts for the Rich

If the terminology of Republican Medicaid policy—“per-capita caps,” “block grants,” “inflation targets”—seems a bit arcane, Monday’s release of the Congressional Budget Office’s report on the GOP’s repeal-and-replace bill makes it pretty simple: The current health-care proposal is about rationing care to fund tax cuts for the U.S.’s highest earners. In the past, accusations of care-rationing […]

Trump’s excuse for gutting Wall Street regulations is hilariously flimsy

Kevin Lamarque/Reuters President Donald Trump signed an executive order Friday instructing his administration to start rolling back Dodd-Frank’s banking regulations. This was not a surprise. Republicans have hated the financial reform law, which was passed in 2010 in the wake of the housing bust and Wall Street’s meltdown, from the moment it was signed.1 Trump […]