How this moment compares to past crises.
The Roosevelt Rundown features our top stories of the week.
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** The First Step to Changing Our Democracy
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Heather Cox Richardson’s wildly popular Substack newsletter, Letters from an American, achieves what historical studies do at their best: shed light on the politics of the moment by telling stories from the past.
On a new episode of How to Save a Country ([link removed]) , Richardson shares some of those stories with hosts Felicia Wong and Michael Tomasky—and explains what’s unique about this moment.
“We actually have people within our government who are working against our democracy, and that is a whole different kettle of fish than we’ve ever had to deal with before,” Richardson says.
“[T]aking back our country into our own hands is the first step to changing our democracy.”
And later: Richardson digs into the difference between freedom from and freedom to, and explains why democracy and capitalism are not interchangeable.
Listen now, and subscribe for new episodes every Thursday. ([link removed])
** Targeting Banking Inequities
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Earlier this week, the Biden administration announced ([link removed]) new plans to increase fairness and competition in banking and various other industries, spotlighting overdraft fees and other unnecessary—often hidden—fees.
As Roosevelt’s Emily DiVito has written ([link removed]) , such fees exemplify our unfair banking system, with low-income households three times ([link removed]) more likely to have paid an overdraft fee.
To transform the banking experience for families, we need a no-fee, no-minimum public banking option, DiVito argues.
Learn more in “Banking for the People: Lessons from California on the Failures of the Banking Status Quo.” ([link removed])
** What We’re Reading and Listening To
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Are State Governments Too Powerful? [podcast] ([link removed]) - The New Republic’s The Politics of Everything
The Climate Movement Wanted More than the IRA. Now What? [feat. Roosevelt’s Rhiana Gunn-Wright] ([link removed]) - The Atlantic
For More than 20 Guaranteed Income Projects, the Data Is In ([link removed]) - Bloomberg CityLab
Teachers, Nurses, and Childcare Workers Have Had Enough ([link removed]) - The Atlantic
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