Powell’s inflation miscalculation raises stakes on rate shift
The Federal Reserve chair needs to convince markets he means business when he addresses the landmark conference of economists on Friday.
Today's Liberal News
‘Bittersweet’: Fauci will leave government, excited for what comes next
He said in a statement that he would leave his government post in December to “pursue the next chapter of my career.
Where the Fed’s inflation-crushing campaign may hurt the most
As the U.S. central banks raises interest rates, the rest of the world is feeling the squeeze.
Redrawn Districts in NY Primary Pit Progressives Against Self-Funded Millionaire & Nadler vs. Maloney
Primaries in New York’s redrawn congressional districts have led to heated battles within the Democratic Party that could have national implications. In the newly created 10th Congressional District, Dan Goldman, a conservative Democrat and heir to a multimillion-dollar Levi Strauss fortune, is running against a diverse field of candidates that includes Mondaire Jones, Yuh-Line Niou, Carlina Rivera and Elizabeth Holtzman.
Tariq Ali: Terrorism Charges Against Pakistan’s Former PM Imran Khan Are “Truly Grotesque”
We speak to the Pakistani British historian and writer Tariq Ali about new anti-terrorism charges brought against former Prime Minister Imran Khan after he spoke out against the country’s police and a judge who presided over the arrest of one of his aides. His rivals have pressed for severe charges against Khan to keep him out of the next elections as his popularity grows across the country, says Ali.
“A Crime of the State”: Mexico’s Attorney General Arrested in Case of 43 Missing Ayotzinapa Students
Mexican authorities arrested former Attorney General Jesús Murillo Karam on Friday for his failure to conduct a thorough investigation into the disappearance of 43 students from the Ayotzinapa Rural Teachers’ College in 2014. This came a day after a truth commission formed by current President Andrés Manuel López Obrador said the students’ disappearance was a “crime of the state.
Ron DeSantis Unleashes Disturbing Attack On ‘Little Elf’ Fauci
A man was recently sentenced to prison for sending death threats to the top scientist and telling him he hoped he’d get a bullet in his “satanic elf skull.
Swing-State Democrats Not Sold On Biden’s Student Loan Forgiveness
Democrats in tough races aren’t praising Biden for acting on one of his campaign promises.
Abortion Trigger Bans Just Went Into Effect In 3 More States
Laws that depended on the fall of Roe v. Wade are now in place in Idaho, Tennessee and Texas, which already had strict abortion restrictions.
News Roundup: Biden delivers student loan relief; Graham really, really doesn’t want to testify
It’s a big deal: An announcement from President Joe Biden forgiving $10,000 in student loan debt—$20,000 for Pell Grant recipients—puts a dent in the latest crisis of capitalism, but it’s the provision that freezes loan interest so that it can’t keep growing even as borrowers make their monthly payments that may do the most for ex-students suffering from predatory loan structures. As Sen.
After last night’s stunning Democratic upset victory, the promised ‘red wave’ has ebbed
Conventional wisdom says the party that holds the White House is fated to suffer midterm losses. It’s tough to come out ahead when the election is framed as a referendum on the sitting president, in a political system that guarantees no president can get his agenda through Congress unscathed.
Biden exceeds expectations with student debt relief announcement
President Joe Biden finally announced his student debt relief plan on Wednesday, and it exceeds the expectations of recent reports on his thinking. Biden will cancel up to $10,000 in debt for all student borrowers with incomes under $125,000 ($250,000 for married couples). That number had been widely reported. But in addition, Biden is cancelling up to $20,000 for Pell Grant recipients at the same income levels.
Ukraine update: President Biden announces new $3B aid package on Ukrainian Independence Day
Aug. 24 is Ukrainian Independence Day. It also marks six months since Russian dictator Vladimir Putin began an illegal and unprovoked invasion of Ukraine. And now it marks the biggest U.S. military aid package since the war began.
President Joe Biden has made note of this occasion both by congratulating the Ukrainian people on their continued independence and by announcing a package of military aid designed to see that Ukraine stays a free and independent nation.
Republicans screech about student debt cancellation, while borrowers cry in relief
Republicans didn’t even wait for President Joe Biden to announce up to $20,000 in student debt relief before they started screeching about how terrible it would be for people who don’t have student debt and people who already paid off their student debt. The screeching has been going on for as long as debt cancellation has been discussed, but it reached a fever pitch as Biden’s announcement approached.
Jeanine Pirro Blasts Student Debt Relief, Says ‘My Family Paid For My Education’
The Fox News host said “I didn’t have to take out loans” and called debt relief for people who did “disgusting.
Judge sides with Biden admin, blocking part of Idaho’s abortion ban
The federal government’s challenge represents one of its most aggressive actions to preserve abortion rights.
Biden’s Student-Loan Gamble
This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.Although today’s big news from the White House is about student-loan forgiveness, we should note that it is Ukrainian Independence Day, which usually passes unnoticed outside of Ukraine.
How To Figure Out If You Qualify For Biden’s Student Loan Forgiveness Plan
People who received Pell Grants to go to college can have $20,000 knocked off their balance.
War on Drugs Logic and Overdose Deaths
This is an edition of Up for Debate, a newsletter by Conor Friedersdorf. On Wednesdays, he rounds up timely conversations and solicits reader responses to one thought-provoking question. Later, he publishes some thoughtful replies. Sign up for the newsletter here.Question of the WeekObservers disagree about law enforcement’s case against Donald Trump, the former president whose Florida mansion was recently searched by federal officials in pursuit of classified documents.
Biden’s Cancellation of Billions in Debt Won’t Solve the Larger Problem
For years, American lawmakers have chipped away at the fringes of reforming the student-loan system. They’ve flirted with it in doomed bills that would have reauthorized the Higher Education Act—which is typically renewed every five to 10 years but has not received an update since 2008. Meanwhile, the U.S. government’s student-debt portfolio has steadily grown to more than $1.5 trillion.
Trump White House exerted pressure on FDA for Covid-19 emergency use authorizations, House report finds
The report by House Democrats examining the pandemic says Trump officials sought vaccine approvals to sway voters before the 2020 election.
A Risky Monkeypox Vaccine Is Looking Better All the Time
The transition from Monkeypox Inoculation Plan A to Monkeypox Inoculation Plan B has been a smashing success—at least, if you ask federal officials. Just a few weeks ago, the U.S. had nowhere near enough of the Jynneos vaccine to doubly dose even a quarter of the Americans at highest risk of monkeypox, roughly 1.6 million men who have sex with men.
“War Poisons Everybody”: Remembering Legendary Historian Howard Zinn on His 100th Birthday
We remember the legendary historian, author, professor, playwright and activist Howard Zinn, who was born 100 years ago today. Zinn was a regular guest on Democracy Now! from the start of the program in 1996 up until his death in 2010 at age 87. After witnessing the horrors of World War II as a bombardier, Zinn became a peace and justice activist who picketed with his students at Spelman College during the civil rights movement and joined in actions such as opposing the Vietnam War.
White House strategy for monkeypox vaccines causing ‘chaos out in the field’
It’s the latest hiccup the administration is facing amid broad criticism over its monkeypox response, its messaging to LGBTQ communities about the virus’s risks and its failure to supply enough vaccines to immunize those most susceptible to contracting it.
‘Bittersweet’: Fauci will leave government, excited for what comes next
He said in a statement that he would leave his government post in December to “pursue the next chapter of my career.
White coats in the state capital: OB-GYNs become political force in abortion wars
As lawmakers debate how much to restrict access to abortion, doctors are becoming increasingly vocal.
Congress ordered agencies to use tech that works for people with disabilities 24 years ago. Many still haven’t.
The Senate Aging Committee is conducting oversight to get agencies to comply with the rules.
Birth control coverage gaps scrutinized as reproductive health landscape shifts
The Biden administration is responding, working to shore up reproductive health policies it can control in the wake of the Supreme Court’s overturning of Roe v. Wade.
Where the Fed’s inflation-crushing campaign may hurt the most
As the U.S. central banks raises interest rates, the rest of the world is feeling the squeeze.
Google Workers Demand Privacy for Abortion Searches & Want to Stop Ads for Anti-Abortion “Clinics”
We speak with one of the more than 650 workers calling on Google’s parent company Alphabet to protect the location and browser history of people searching for information on abortion. A petition led by the Alphabet Workers Union also demands the company block advertisements that misleadingly direct users to so-called crisis pregnancy centers, a tactic employed by anti-abortion activists to lure patients to discourage them from seeking abortions.