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Prospect Weekend Reads
Week of November 7th
Stories from the week you don't want to miss!
FRANCIS CHUNG/E&E NEWS/POLITICO VIA AP IMAGES
Republicans invited this monster into their house, and he doesn't want
to leave.
Republicans Have a Disease Called Donald Trump
<[link removed]>:
The anticipated 'red wave' could have materialized if Republicans
nominated candidates that focused on inflation and crime instead of
issues like abortion. By doubling down on Trump, Ryan Cooper argues,
they invited the Democrats' success.
Why Is Congress Still Writing Crypto Regulations?
<[link removed]>:
FTX CEO Sam Bankman-Fried's admission to using customers' money for
speculation and the subsequent crash should prove to lawmakers crypto is
a scam. Why is Congress still working on industry-friendly regulation?
David Dayen has the story.
Already in a Hole, the Federal Reserve Keeps Digging
<[link removed]>:
The Fed's strategy of hiking interest rates has nothing to do with
inflation, but Jerome Powell is determined to keep going. Jeffrey
Sonnenfeld and Steven Tian wrote about the true causes of inflation.
The House Democratic Leadership Race
<[link removed]>:
The next leader of the House Democratic caucus could be Hakeem Jeffries,
which would be a blessing for corporate interests. Robert Kuttner asks:
is this really the direction the party wants to go in?
Corporate Power Had a Bad Election Night
<[link removed]>:
Holding corporations accountable for opportunistic price gouging is both
good policy and good politics. David Dayen wrote about how Democrats who
used a pro-populist message on the campaign trail found success.
READ MORE OF OUR LATEST HERE <[link removed]>
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