Sludge

1 week ago | readsludge.com | Donald Shaw

💡Share this on X and Bluesky!Jonathan Berry, the lead author on labor policy for the Project 2025 initiative, is poised to become the solicitor for the Department of Labor, despite his private-sector record focused on rolling back labor protections and limiting workers’ rights. His recent work includes a federal lawsuit aimed at cutting overtime pay for home care workers, as well as efforts to constrain shareholder oversight of corporations and restrict federal enforcement of wage laws.

1 week ago | readsludge.com | David Moore

👀Share this on Bluesky, Facebook, and XFormer Gov. Andrew Cuomo is touting his support for raising the city’s minimum wage to win over voters in the New York City mayoral primary, but his deep ties to Tusk Strategies—a lobbying firm that is fighting the EmPIRE Worker Protection Act on behalf of a front group for McDonald’s franchise owners—cast doubt on his support for workers challenging business interests.

1 week ago | readsludge.com | David Moore

💡Share this on Bluesky and XTrump Media & Technology Group has inked deals to raise $2.5 billion to buy Bitcoin, the social media company announced today, as the Trump administration rolls out pro-crypto policies that stand to profit Trump family companies. Trump Media & Technology Group (TMTG) dealt shares to around 50 large institutional investors, who were unnamed, with plans to form what it calls a “Bitcoin treasury.” President Donald Trump owns just over half the company’s stock.

2 weeks ago | readsludge.com | David Moore

🏦Share this on Bluesky or XJust before 7 a.m. on Thursday, House Republicans narrowly passed a “megabill” stuffed with items in their domestic policy agenda, extending the GOP’s 2017 tax cuts weighted toward the wealthiest while slashing spending on Medicaid and food stamps.

2 weeks ago | readsludge.com | David Moore

💡Share this on Bluesky and A bill that aims to reduce credit card “swipe fees” has long been stuck in Congress, where the bipartisan legislation is opposed by the formidable banking industry lobby. Visa and Mastercard dominate credit card processing, with control of roughly 80% of the market. This week, the Credit Card Competition Act (CCCA)’s primary sponsors, Sen. Richard Durbin (D-Ill.) and Sen.