The American Prospect

The American Prospect is a quarterly magazine focused on American politics, specifically promoting liberal ideas. Located in Washington, D.C., its mission is to support liberal and progressive objectives through insightful reporting, analysis, and discussions about current issues and future opportunities. The magazine was established in 1990 by Robert Kuttner, Paul Starr, and Robert Reich.

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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.
Come Saturday, We Should Reclaim the American Revolution

1 week ago | prospect.org | Harold Meyerson

As I noted in my On TAP column of February 6th, this Saturday—April 19th— marks the 250th anniversary of the Battles of Lexington and Concord, which began the American Revolution.
Intuit, Owner of TurboTax, Wins Battle Against America’s Taxpayers

1 week ago | prospect.org | Daniel Boguslaw

For nearly three decades, a cold war has raged through the halls of Congress and in high-end shellfish restaurants perched precariously on Washington, D.C.’s southern coast. The battle lines have shifted between successive administrations, sometimes tilting toward proletariat victory, and sometimes cutting fast toward total surrender to corporate America.
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.
A World Beyond Tariffs

1 week ago | prospect.org | Luis Feliz Leon

In 1966, at the height of the labor movement’s postwar power, Walter Reuther, then president of the United Auto Workers, helped establish the first four “World Auto Councils.” Workers at General Motors, Volkswagen-Daimler-Benz, Fiat, and Chrysler (now Stellantis) could now meet across borders and, it was hoped, establish common international contract expiration dates.
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.
John Roberts’s Dangerous Game

1 week ago | prospect.org | Robert Kuttner

The Supreme Court, in responding to the Trump administration’s request for an emergency stay of District Judge Paula Xinis’s order to return Kilmar Abrego Garcia from an El Salvador prison, resorted to double-talk.