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Category Archives: Financial System

Billionaires Provided 15 Percent of Funding for the Midterm

“In the 2022 midterms, the 100 largest donors collectively spent 60 percent more than every small donor in the United States combined, according to a Brennan Center analysis of publicly available data. (Small donors are those who give $200 or less.) The wealthy have always wielded disproportionate power over American government. In 1895, GOP strategist Mark Hanna famously said, “There are only two important things in politics. The first is money, and I can’t remember the second.” But money’s outsized influence has ebbed and flowed through U.S. history.”

Private groups swaying SCOTUS litigation

Sen. Whitehouse and Rep. Johnson sent a letter to Chief Justice Roberts on September 7, 2022.”We write as Chairmen of the Senate and House Judiciary Federal Courts Subcommittees to request information regarding another allegation of potentially unethical conduct at the Supreme Court of the United States…“One of the nation’s most important institutions … has been… Continue Reading

It’s not your imagination: Shopping on Amazon has gotten worse

Washington Post: “Amazon is the first app many of us think about to buy things online. But is it actually a good place to go shopping? When you search for a product on Amazon, you may not realize that most of what you see at first is advertising. Amazon is betraying your trust in its… Continue Reading

Tax filing websites have been sending users’ financial information to Facebook

The Verge co-published with The Markup: “Major tax filing services such as H&R Block, TaxAct, and TaxSlayer have been quietly transmitting sensitive financial information to Facebook when Americans file their taxes online, The Markup has learned. The data, sent through widely used code called the Meta Pixel, includes not only information like names and email… Continue Reading

Senior Democratic lawmakers demand answers on alleged Supreme Court leak

Politico via Yahoo: “Two senior Democrats in Congress are demanding that Chief Justice John Roberts detail what, if anything, the Supreme Court has done to respond to recent allegations of a leak of the outcome of a major case the high court considered several years ago. Sen. Sheldon Whitehouse (D-R.I.) and Rep. Hank Johnson (D-Ga.)… Continue Reading

Why Six Top-Ranked Law Schools Left U.S. News in the Dust This Week

Slate: “This essay was adapted from David Lat’s Substack, Original Jurisdiction. Subscribe here. “Wednesday brought huge news to the world of legal education: Yale Law School withdrew from the highly influential U.S. News & World Report law school rankings, and Harvard Law School followed shortly thereafter. The schools announced the decisions on their websites, posting statements from YLS… Continue Reading

Data, the New Cotton

Arnett, Chaz, Data, the New Cotton (June 6, 2022). Just Tech: Social Science Research Council (May 25, 2022), U of Maryland Legal Studies Research Paper No. 2022-07, Available at SSRN: https://ssrn.com/abstract=4129512 “The early transformation of the United States into an industrial power is often attributed to our innovative capitalist system. “Capitalism” is a convenient abstraction… Continue Reading

Promoting Global Financial Stability: 2022

Financial Stability Board: Promoting Global Financial Stability: 2022 FSB Annual Report 16 November 2022. “The current economic environment is particularly challenging for financial stability.New shocks may expose a number of current vulnerabilities while a number of vulnerabilities associated with structural changes are emerging. This annual report provides an overview of the FSB’s work to tackle… Continue Reading

The clever way some states are trying to reduce waste, boost recycling

Fast Company: “An increasing number of states see an answer in an innovative regulation that tackles trash on the front end, incentivizing manufacturers to make their product packaging more easily recyclable or else pay to recycle it on the back end. The laws, known collectively as Extended Producer Responsibility, or EPR, could, some experts say,… Continue Reading

Environmental Social Governance, Social Enterprise, and Your Practice

ABA: “Over the last few decades, environmental social governance (ESG) and social enterprise have permeated the mainstream economy. Lawyers who increase their understanding of these concepts and even incorporate them into their own law practice are more likely to maintain relevance and appeal with clients and employees. This article takes a topline look at social… Continue Reading