David Dayen

Los Angeles

Executive Editor at The American Prospect

Executive editor, @TheProspect. Author, Chain of Title and Monopolized. Organized Money podcast, https://t.co/7n78H1Tykt. Tips/pitches: ddayen at prospect dot org.

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Articles

Federal Judge Halts CFPB Purge Again

6 days ago | prospect.org | David Dayen

Judge Amy Berman Jackson has once again stopped Russ Vought and the DOGE team from firing virtually all of the Consumer Financial Protection Bureau staff.
CFPB Slashed to the Bone, Threatening Financial Markets

6 days ago | prospect.org | David Dayen

A mass firing at the Consumer Financial Protection Bureau on Thursday leaves the agency without sufficient staff to fulfill its statutory goals or even the priorities laid out by the agency’s acting chief legal officer a day earlier, according to employees and their attorneys. Plus, the dramatic action once again puts some of the markets CFPB oversees at risk of malfunctioning. About 1,500 of the CFPB’s 1,700 employees began receiving termination notices on Thursday afternoon.
Google Is a Monopolist … Again

6 days ago | prospect.org | David Dayen

In 2019, a month into my tenure as executive editor at the Prospect, we published an investigation into digital ad markets. The author was Dina Srinivasan, a former executive with advertising giant WPP who saw the corruption of these markets from the inside.
CFPB Slashed to the Bone, Threatening Financial Markets

6 days ago | prospect.org | David Dayen

A mass firing at the Consumer Financial Protection Bureau on Thursday leaves the agency without sufficient staff to fulfill its statutory goals or even the priorities laid out by the agency’s acting chief legal officer a day earlier, according to employees and their attorneys. Plus, the dramatic action once again puts some of the markets CFPB oversees at risk of malfunctioning. About 1,500 of the CFPB’s 1,700 employees began receiving termination notices on Thursday afternoon.
Trump’s Order to Cut Drug Prices Would Raise Drug Prices

1 week ago | prospect.org | David Dayen

Sometimes it’s good to know that the laws of political gravity still operate. Donald Trump is rendering legal residents to foreign prisons and tanking the global economy with unproductive tariffs, as well as canceling entire agencies that safeguard and benefit the public. But he still has to act like he cares deeply about lowering drug prices for Americans. This was the subject of an executive order released Tuesday, proposing several steps to reduce patient costs.
The Government Has Already Won the Meta Case

1 week ago | prospect.org | David Dayen

For the past couple of days, Mark Zuckerberg has been inside a D.C. courtroom reviewing more than a decade of email communications about his company, Meta. This is the last place Zuckerberg wanted to be; he literally visited the White House to lobby to get out of it, and offered $1 billion to settle. The effort failed, and we now know plenty about the ruthless tactics that Zuckerberg used to build his sprawling social media empire.
How the Trump Tariffs Assist Monopoly

1 week ago | prospect.org | David Dayen

READER SUPPORT POWERS OUR REPORTINGReporting like this isn’t possible without readers like you. The American Prospect is nonprofit, independent, and funded by our readers. With democracy under attack and authoritarianism on the rise, fearless reporting on power, politics, and ideas has never been more essential. Unlike many news outlets, we don’t answer to shareholders, billionaire owners, or corporate interests. We answer to you, our readers.
Video and Transcript for Breaking Monopolies from the Inside with Jonathan Kanter - Part Two

1 week ago | organizedmoney.fm | David Dayen

Below you can find a YouTube version of Episode #24, Breaking Monopolies from the Inside with Jonathan Kanter - Part Two, with the former head of the Antitrust Division of the Justice Department, where he and his team brought dozens cases, filings, and new legal techniques against a whole swath of monopolies across various industries. We go into details on several in this episode.
Republicans Are About To Gut Consumer Protections

2 weeks ago | progressivehub.net | David Dayen

The two Congressional Review Act resolutions now go to President Trump. By David Dayen, The American ProspectThe House of Representatives passed resolutions Wednesday that will nullify two Consumer Financial Protection Bureau (CFPB) rules. As a result, low-income customers will pay an estimated $5 billion more annually in overdraft fees, and Big Tech will get to pursue its ambitions to make payment apps and other financial services products with little regulatory oversight.
Can Congress Take Back Tariff Authority From Trump?

2 weeks ago | prospect.org | David Dayen

READER SUPPORT POWERS OUR REPORTINGReporting like this isn’t possible without readers like you. The American Prospect is nonprofit, independent, and funded by our readers. With democracy under attack and authoritarianism on the rise, fearless reporting on power, politics, and ideas has never been more essential. Unlike many news outlets, we don’t answer to shareholders, billionaire owners, or corporate interests. We answer to you, our readers.