Banks Telling It Like It Is


From the NYT, the financial industry’s response to new regulation of debit and credit card fees paid by merchants:

And this was not an easy vote. Lobbyists for the wounded but formidable banking industry made clear to some senators that this decision would affect future campaign donations, according to people who participated in those conversations.

I guess they aren’t even trying to pretend our campaign finance system isn’t a form of legalized bribery anymore.



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Jen Sorensen is a cartoonist for Daily Kos, The Nation, In These Times, Politico and other publications throughout the US. She received the 2023 Berryman Award for Editorial Cartooning from the National Press Foundation, and is a recipient of the 2014 Herblock Prize and a 2013 Robert F. Kennedy Journalism Award. She is also a Pulitzer Finalist.

 

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