It’s Not If the Next Financial Crisis Will Happen – but When

The millionaire and billionaire deregulators extraordinaire of the Trump administration might be taking a “brand-new America” (as the president called it) down a rather old path.

Nomi Prins
By Nomi Prins
President Donald Trump and Treasury Secretary Steven Mnuchin arrive at the Treasury Department in Washington, April 21, 2017, where the president was to sign an executive order to review tax regulations set last year by his predecessor, as well as two memos to potentially reconsider major elements of the 2010 Dodd-Frank financial reforms passed in the wake of the Great Recession. (AP/Susan Walsh)

There’s been lots of fire and fury around Washington lately, including a brief government shutdown. In Donald Trump’s White House, you can hardly keep up with the ongoing brouhahas from North Korea to Robert Mueller’s Russian investigation, while it already feels like ages since the celebratory mood over the vast corporate tax cuts Congress passed

Read Full Article

What Pushed A Senior EPA Official To Resign In Protest?

“The environmental field is suffering from the temporary triumph of myth over truth.”

Kevin Gosztola
By Kevin Gosztola
What Pushed A Senior EPA Official To Resign In Protest?

Published in partnership with Shadowproof. A senior Environmental Protection Agency (EPA) official resigned from the agency in protest against EPA Administrator Scott Pruitt’s plans for massive industry deregulation that will threaten human health. The resignation comes as a federal appeals court in the D.C. Circuit upheld a ruling by the

Read Full Article

Billionaire Investor Carl Icahn Chosen As Trump Advisor On Deregulation

Icahn said it was time to “break free of excessive regulation” and let businesses create jobs, in a statement released by Trump’s team.

teleSUR
By teleSUR
In this Oct. 11, 2007 file photo, private equity investor Carl Icahn speaks at the World Business Forum in New York. Mark Lennihan / Associated Press

(REPORT) --- Billionaire investor Carl Icahn will be a non-governmental advisor to President-elect Donald Trump on issues such as deregulation said Trump's transition team Wednesday. Icahn will advise Trump as an individual, not a federal employee, and won't have specific duties or receive any salary according to the transition. This means that

Read Full Article

West Virginia Landfills Will Now Accept Often Radioactive Fracking Waste

West Virginia’s Marcellus Formation has been found to have a higher level of radioactivity than other formations.

Katie Valentine for Think Progress
By Katie Valentine for Think Progress

A memo released earlier this year in West Virginia gives the state’s landfills the ability to accept unlimited amounts of fracking waste, the AP reports. The memo will create an exception for the state’s natural gas industry to longstanding laws on landfill waste, which stipulate that landfills can only take 10,000 or 30,000 tons of solid waste

Read Full Article