The Atlantic: The whitewashing of King’s assassination
Today we see a whitewashed version of King’s legacy, an image rehabilitated for white consumption and black mollification.
On Our Radar
A curated collection of links to news, analysis, trends, ideas and views from elsewhere.
Vox: Larry Summers makes the case for a government bailout of the American heartland
Jobless rates among working-age men have been growing nationwide for decades now, especially in the Eastern Heartland.
New York Times: Overlooked
NYT’s obituaries for remarkable women who left indelible marks but were nonetheless overlooked.
The Intercept: Revenge of the stadium banks
Democrats are teaming with Republicans to rollback Dodd-Frank regulations.
The New York Times: The race-based mortgage penalty
A study found that minorities are denied mortgages more than whites, even when accounting for income and other factors.
American Banker: The end of ‘In Gary We Trust’: Cohn’s departure a blow to banks
The resignation of National Economic Council Director Gary Cohn costs banks a top ally in the Trump administration and will likely further slow agency appointments.
Medium: Bank Lobbyist Act makes it easier for banks to discriminate in lending
S. 2155, expected to clear the Senate in the coming days, is a banker’s wishlist.
The Washington Post: Senate banking bill likely to boost chances of bank bailouts, CBO says
If passed, it would be the most substantial weakening of the regulations put in place by the 2010 Dodd-Frank law that strengthened financial regulations.
Politico: What taxi data shows about the Fed’s contact with bankers
The study, examining granular data on cab rides released by New York’s taxi regulator, singles out lunchtime trips between the New York Fed and the major offices of six banks.
Buzzfeed: The lefty democratic shift on wall street is happening for real
This week, the Senate is expected to pass a bill to roll back some Dodd-Frank provisions on smaller banks with bipartisan support — except from virtually every 2020 presidential hopeful.
The Atlantic: A bright red flag for democracy
Survivors of the Parkland massacre are getting a crash course in civics, and learning that corporations are more responsive to customer concerns than lawmakers are to their constituents.
C-SPAN: Washington Journal Valerie Wilson discusses economic inequality gap for African Americans
Valerie Wilson of the Economic Policy Institute discusses EPI’s new report on the economic inequality gap for African Americans, 50 years after the Kerner Commission.
Houston Chronicle: NAACP sues Capital One Bank, alleging discrimination in banking services
The lawsuit, filed this week in U.S. District Court in Houston by the local chapters of the NAACP and LULAC, the League of United Latin American Citizens, alleges that Capital One violated federal fair housing and credit laws.
The Guardian: Un-gentrifying Portland: scheme helps displaced residents come home
The first of its kind in the US, a Portland housing-assistance policy is an effort to atone for the sins of gentrification
New Republic: How Democrats are helping Trump dismantle Dodd-Frank
Rollbacks to Dodd-Frank are expected to pass, thanks in no small part to Democrats in Congress.