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Zach Carter
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Zach Carter is The Huffington Post's Senior Political Economy Reporter, working out of Washington D.C. His story, "Swiped: Banks, Merchants and Why Washington Doesn't Work for You," written with Ryan Grim, was included in the Columbia Journalism Review's compilation Best Business Writing 2012. He previously worked as AlterNet's Economics Editor, blogged about economic policy at Campaign For America's Future and served on the steering committee at Americans for Financial Reform. Before any of that, he worked as a banking reporter for SNL Financial News. Email him at zach dot carter at huffingtonpost dot com.

Entries by Zach Carter

So That Happened: Obama, Warren Team Up To Save Older America

(124) Comments | Posted February 28, 2015 | 7:30 AM

So, that happened. This week, the Republican-led House Agriculture Committee began what they termed a "top to bottom" review of the federal food stamp program. In a surprising twist, the committee's new management struck a soft and empathetic tone toward a government program they'd previously demonized.

Listen to this week's...

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How Congress Remade The Economy In Its Own Awful Image

(10) Comments | Posted February 26, 2015 | 4:15 PM

A jury ruled on Wednesday that Apple must pay $532.9 million for infringing on three patents owned by a firm that could serve as a textbook definition of a patent troll. Smartflash LLC had essentially claimed to own the idea of selling stuff with smartphones, arguing it was...

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Elizabeth Warren's Next Target Is The Fed's Top Lawyer

(72) Comments | Posted February 24, 2015 | 4:21 PM

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) grilled Federal Reserve Chair Janet Yellen on Tuesday over public advocacy of deregulation by the central bank's top lawyer, Scott Alvarez.

"The Fed’s general counsel -- or anyone at the Fed’s staff -- should not be picking and choosing which rules to enforce based...

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How Democrats Almost Strangled The Obama-Warren Retirement Security Plan In The Cradle

(42) Comments | Posted February 24, 2015 | 11:05 AM

WASHINGTON -- President Barack Obama unveiled a significant retirement security proposal with Sen. Elizabeth Warren (D-Mass.) on Monday, announcing plans to bolster retirement accounts by curbing conflicts of interest on Wall Street.

The administration says Americans lose a combined $17 billion each year through hidden fees and conflicted investment advice....

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Darrell Issa: 'We Should Thank' Rudy Giuliani for Questioning Whether Obama Loves America

(2371) Comments | Posted February 22, 2015 | 12:00 PM

WASHINGTON -- Rep. Darrell Issa (R-Calif.) said Sunday that the media is unfairly questioning Republicans about Rudy Giuliani's recent claim that President Barack Obama doesn't love America, and insisted that the public should "thank" the former New York City mayor for his comments.

Earlier this week, Giuliani said he believes...

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Lindsey Graham Calls For Republicans To End Immigration Standoff With Obama

(735) Comments | Posted February 22, 2015 | 11:07 AM

WASHINGTON -- Sen. Lindsey Graham (R-S.C.) called on Republicans to abandon the congressional standoff with President Barack Obama over immigration policy and funding the Department of Homeland Security.

DHS funding expires on Feb. 27, and the GOP has resisted calls to fund the agency, citing objections to Obama's recent actions...

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Homeland Security Chief Agrees With Obama's Refusal To Call ISIS 'Radical Islam'

(120) Comments | Posted February 22, 2015 | 10:11 AM

WASHINGTON -- Secretary of Homeland Security Jeh Johnson on Sunday reiterated President Barack Obama's contention that the Islamic State should not be referred to as a branch of "radical Islam" because the term grants the terrorist group religious legitimacy.

"In our engagements around the country -- I do a...

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So That Happened: Elizabeth Warren Secretly Met People All Over Washington

(237) Comments | Posted February 21, 2015 | 7:30 AM

So, that happened. This week, the fight over President Barack Obama's immigration policy returns to the halls of Congress, with opponents of the president's executive actions threatening to cease funding for the Department of Homeland Security. Is this a smart idea? Of course not. But we'll talk about...

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Harry Reid Hires Longtime Labor Ally As Economic Staffer

(2) Comments | Posted February 20, 2015 | 3:59 PM

WASHINGTON -- Senate Minority Leader Harry Reid (D-Nev.) has hired Ellen Doneski, a longtime aide to former Sen. Jay Rockefeller (D-W.Va.) who is highly regarded by the American labor movement.

Doneski will be the top tax policy expert on Reid's staff and will be involved in most economic issues, a...

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Top Democrat Pushes Back On Expanding Obama's Trade Powers

(30) Comments | Posted February 20, 2015 | 12:54 PM

WASHINGTON -- The biggest economic policy fight of 2015 is creating serious headaches for congressional Democrats, and particularly Sen. Ron Wyden (D-Ore.).

As the top Democrat on the Senate Finance Committee, Wyden is the party's point-man on the Trans-Pacific Partnership, a controversial free trade pact the Obama administration is negotiating...

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Obama's Trade Deal Rewards A Brutally Anti-Gay Dictator -- And LGBT Lawmakers Are Not Pleased

(205) Comments | Posted February 19, 2015 | 7:39 PM

WASHINGTON -- Prominent LGBT members of Congress assailed the Obama administration on Wednesday for including Brunei and Malaysia -- two nations deeply hostile to gay communities -- in major trade talks.

In a letter to President Barack Obama, five co-chairs of the Congressional LGBT Equality Caucus -- Reps. Mark Pocan...

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Elizabeth Warren And Sherrod Brown Fight Fed Audit, Foreclosure Transparency

(222) Comments | Posted February 17, 2015 | 4:17 PM

WASHINGTON -- Top progressive senators are running away from a bill authored by Sen. Rand Paul (R-Ky.) to audit both the Federal Reserve's monetary policy operations and millions of foreclosures. Their aversion could doom any chance for public transparency surrounding the widespread abuse that banks deployed against homeowners...

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So That Happened: Obama Asks Congress If It's Okay That He Started Fighting ISIS

(0) Comments | Posted February 14, 2015 | 7:30 AM

So, that happened: This week, America's ongoing battle with the Islamic State reached a new stage, specifically that stage where the president finally gets around to asking Congress if it's okay with them that he started a war six months ago. HuffPost's Jen Bendery joins us to give us the...

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Bride Of Benghazi: GOP Opens New Scandal Circus Over Mortgage Settlements

(229) Comments | Posted February 12, 2015 | 9:30 PM

WASHINGTON -- Since taking control of both chambers of Congress in January, Republicans have grappled with newfound pressure to govern. But the House Judiciary Committee on Thursday got back to basics: drumming up conservative outrage with a fresh, flimsy scandal.

During a hearing that lasted roughly two hours, Republicans...

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House GOP Rams Through 2 New Deregulation Bills

(438) Comments | Posted February 5, 2015 | 6:26 PM

WASHINGTON -- House Republicans pushed through two bills this week designed to undermine key environmental and financial regulations by jamming federal courts with lawsuits.

The first bill, passed Wednesday, rejuvenates the Unfunded Mandates Reform Act of 1995, shepherded through Congress by then-House Speaker Newt Gingrich (R-Ga.). The 20-year-old...

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Here's The Biggest Problem With Obama's New Trade Push

(150) Comments | Posted February 5, 2015 | 3:06 PM

WASHINGTON -- In trying to win support for a controversial new trade pact in Asia, President Barack Obama has been offering one major reason why the deal is so important: to curb the economic power of China.

"As we speak, China wants to write the rules for the world’s fastest-growing...

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Congress Revives Gingrich-Era Law To Thwart Obama

(577) Comments | Posted January 31, 2015 | 7:30 AM

WASHINGTON -- Republicans in Congress aim to revamp an anti-regulatory law from the Newt Gingrich era in an effort to paralyze new financial, environmental and labor rules with a never-ending string of court challenges.

Next week, the House will consider a bill to amend the Unfunded Mandates Reform...

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So, That Happened: The Podcast Barack Obama Does Not Want You To Hear

(208) Comments | Posted January 31, 2015 | 7:30 AM

So, that happened: This week, we learned that President Barack Obama is really upset with our coverage of the Trans-Pacific Partnership trade deal. So he's not gonna like what we're about to do, which is talk about the fact that the one part of his agenda...

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Republicans Defend Obama's Trade Pact While Pressing To Deregulate Banks

(84) Comments | Posted January 27, 2015 | 2:39 PM

WASHINGTON -- Senate Republicans on Tuesday offered to help President Barack Obama pass a sweeping trade package, while pressing for measures to deregulate finance and raise the price of prescription drugs.

Sens. Orrin Hatch (R-Utah), John Cornyn (R-Texas), Rob Portman (R-Ohio) and others repeatedly praised the top Obama trade official,...

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Senate Democrats Join GOP Attack On Financial and Environmental Regulation

(71) Comments | Posted January 26, 2015 | 5:09 PM

WASHINGTON -- Four Senate Democrats are working with Republicans to help the U.S. Chamber of Commerce and other GOP-affiliated lobbying groups undermine financial and environmental regulations.

A new bill would significantly change the way government agencies write rules, weighing regulators down with new costs and opening the door to a...

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