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Politics

Red Texas is flush, blue California has a deficit, but it's more about economics than politics

by Matt Levin
Jan 11, 2023
Fewer tech millionaires were minted in 2022, hurting California's bottom line, while in Texas, the oil and gas industry boomed.
"Because [California is] a heavy tech economy, it means tech has a disproportionate impact on the state’s revenues," said Chris Hoene at the California Budget & Policy Center. 
Justin Sullivan/Getty Images
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What's next for the Democrats' economic agenda?

by David Brancaccio and Jarrett Dang
Nov 11, 2022
Roosevelt Forward CEO Felicia Wong says the party isn't necessarily out of options even if Republicans take Congress.
Roosevelt Forward CEO Felicia Wong says President Biden and congressional Democrats may be able to implement their economic priorities through laws they already passed, such as the Infrastructure Investment and Jobs Act and the CHIPS and Science Act.
Win McNamee via Getty Images
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Liz Truss leaves behind a chaotic U.K. economy

by Amy Scott and Sarah Leeson
Oct 20, 2022
As British Prime Minister Liz Truss steps down, what's next for the U.K.'s economy?
Prime Minister Liz Truss announced her resignation on Oct. 20 in London.
Leon Neal/Getty Images
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Secret Money, Public Influence

An Arizona ballot measure would expose hidden spending in politics

by David Brancaccio and Alex Schroeder
Oct 11, 2022
Proposition 211 would make political nonprofits disclose the names of original donors who spend beyond certain thresholds.
Terry Goddard, a former Arizona attorney general, has tried to get a law requiring disclosure of hidden political spending on the ballot since 2016. Arizonans will vote on it next month.
Alex Schroeder/Marketplace
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"Slay the Dragon"

Partisan gerrymandering can reduce access to credit, study finds

by David Brancaccio and Jarrett Dang
Sep 20, 2022
Lawmakers from politically drawn districts feel less pressure to cater to voters and exert less pressure on lenders, a researcher says.
Rawley Heimer, a professor of finance at Arizona State, says lawmakers from politically drawn districts tend to be less sensitive to voters' needs and put less pressure on lenders.
i_frontier via Getty Images
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Taking stock of Congress members' portfolios

by David Brancaccio , Alex Schroeder and Jarrett Dang
Sep 16, 2022
A new report on stock trading by members of Congress reveals possible conflicts of interest.
A new report from the New York Times delves into stock trades by a number of lawmakers that may present a conflict of interest.
Daniel Slim/AFP via Getty Images
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Crypto's growth spawns a Washington debate: Who should regulate it?

by Lily Jamali
Jun 8, 2022
A bill would put the Commodity Futures Trading Commission in charge. Some consumer advocates back the Securities and Exchange Commission.
The Securities and Exchange Commission has more people to oversee cryptocurrency than the smaller Commodity Futures Trading Commission, but other factors are involved.
Saul Loeb/AFP via Getty Images
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Boston Consulting CEO on the ties between business and politics

by Kai Ryssdal and Andie Corban
Jan 25, 2021
Rich Lesser said the business world is ready to find common ground with the Biden administration.
The New York Stock Exchange in New York City. "I think business leaders are all struggling with how prominent to be" at a time of stark political division in the United States, Rich Lesser says.
Angela Weiss/AFP via Getty Images
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The one place in Washington, D.C., where bipartisanship is flourishing

by Nancy Marshall-Genzer
Dec 8, 2020
The biggest, most lucrative lobbying firms in Washington are bipartisan.
Brendan Smialowski/AFP via Getty Images
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Elections 2020

Political groups spend millions to turn out new voters

by Kimberly Adams
Sep 15, 2020
Finding and educating previously unregistered voters — and getting them to the polls — is an expensive business.
A voter casts her ballot in Louisville during Kentucky's primary in June.
Brett Carlsen/Getty Images
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