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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

Hillary Clinton Isn't Tacking Right For The General Election

(0) Comments | Posted June 22, 2016 | 4:37 PM


Presidential candidates almost always follow the same pattern of ideological movement during election years. They play to their party's base in the primaries, and then temper their message to win over moderates in the general.


Hillary Clinton isn't following this playbook on...

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A GOP Congressman Wants To Defund The Harriet Tubman $20 Bill. Really.

(0) Comments | Posted June 20, 2016 | 6:41 PM


WASHINGTON -- Rep. Steve King (R-Iowa) has filed legislation that would block the U.S. Treasury Department from putting Harriet Tubman on the $20 bill.


King is perhaps best-known in the nation's capital for his anti-immigration rhetoric and his

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The Wall Street Bailout Didn't End In 2008

(0) Comments | Posted June 15, 2016 | 10:46 AM


The 2008 financial crisis was the most disruptive political event yet experienced in the 21st Century, but even for professional bank dorks, the material can get pretty dry. So it’s refreshing when authors can offer up strong character-driven narratives to make key elements of the crash...

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Here's Bernie Sanders' Plan To Save Puerto Rico And Stick It To Vulture Funds

(0) Comments | Posted June 13, 2016 | 7:34 PM


WASHINGTON -- Puerto Rico's economy has been in a depression for a decade. With the territory likely to default on a $2 billion debt payment on July 1, the island's ugly humanitarian situation could become even more nightmarish.


More than half of...

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Harry Reid Wants Elizabeth Warren To Be Vice President

(0) Comments | Posted June 8, 2016 | 2:08 PM


WASHINGTON -- Senate Minority Leader Harry Reid (D-Nev.) believes Elizabeth Warren should be the running mate of presumptive Democratic presidential nominee Hillary Clinton, according to four Senate sources familiar with Reid's thinking.


Reid had initially been skeptical of the chatter around Warren,...

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샌더스는 대통령이 되지 못해도 목소리는 사라지지 않는다

(0) Comments | Posted June 8, 2016 | 3:52 AM

버니 샌더스는 대통령이 되지 않을 것이다.

아직 공식적인 것은 아니다. 힐러리 클린턴은 후보로 지명될 만큼의 대의원 지지를 받았지만, 슈퍼대의원들은 다음 달 전당대회 때까지 의사를 확정하지 않아도 된다. 그러니 다 끝나기 전까지 아직 조금 더 싸움이 벌어질 여지가 있다.

하지만 슈퍼대의원들은 당의 내부자들이다. 샌더스가 유세 내내 비난해 왔던 바로 그 기득권층의...

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The Bernie Sanders Campaign Didn't Matter

(0) Comments | Posted June 7, 2016 | 4:23 PM


Bernie Sanders is not going to be president.


No, it's not official yet. Hillary Clinton has the delegate support to clinch the nomination, but the party's extra-democratic superdelegates won't formally pledge themselves until next month's...

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Hillary Clinton Nabs Victory In New Mexico Primary

(0) Comments | Posted June 7, 2016 | 11:19 AM

Hillary Clinton won the Democratic primary in New Mexico on Tuesday, besting Bernie Sanders in a contest where she had held a substantial polling lead...

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Key Democrat Incensed Over 'Intimidation' For High Drug Prices

(0) Comments | Posted May 25, 2016 | 5:49 PM


In late April, Colombian diplomat Andrés Flórez sent two tense letters to leaders in Bogotá. If his government proceeded with plans to lower the price of an important leukemia treatment, it risked losing U.S. support for...

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Why Goldman Sachs Likes Obama's Trade Agenda

(0) Comments | Posted May 25, 2016 | 5:17 PM


WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) was right. Big banks really did want President Barack Obama to sign a trade deal making it easier for them to challenge regulations they don't like. And they got what they wanted.


Goldman Sachs believed that any...

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Dear Senator: Do You Really Want Cancer Drugs To Be Super-Expensive?

(0) Comments | Posted May 19, 2016 | 5:09 PM


WASHINGTON -- In late April, a Colombian diplomat sent two letters to leaders in Bogotá warning that efforts to lower the price of a major leukemia treatment could undermine a peace plan designed to end a half-century of conflict with Marxist rebels. After talks with both...

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Here's Why Hillary Clinton's Federal Reserve Plan Is A Big Deal

(0) Comments | Posted May 13, 2016 | 4:36 PM


On Thursday, Hillary Clinton endorsed a banking reform idea that is more progressive than anything she backed during her long primary battle with Bernie Sanders. Compared to high-profile proposals like breaking up the banks, the plan Clinton backed is a narrow...

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Colombia Fears U.S. May Reject Peace Plan To Protect Pharma Profits

(1) Comments | Posted May 11, 2016 | 8:57 PM


WASHINGTON -- The Colombian Embassy is concerned that lowering the price of a major cancer drug may jeopardize American funding for peace talks in the South American nation, according to a leaked embassy memo.


In February, President Barack...

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Surprise! Donald Trump Is Wrong About Elizabeth Warren

(0) Comments | Posted May 11, 2016 | 11:35 AM


Elizabeth Warren has been rallying the progressive Twittersphere against Donald Trump, and the budding fascist isn't happy about it. He's now telling his legion of nationalists that Warren hasn't accomplished anything in the Senate -- a remark...

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The Real Reason The GOP Establishment Loathes Donald Trump

(2) Comments | Posted May 9, 2016 | 7:44 PM


WASHINGTON -- The Republican establishment has spent a lot of energy over the past six months trying to convince the public that Donald Trump's rank bigotry breaks with conservative principles and has no place in the Party of Ronald Reagan.


"He's a...

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Great, Donald Trump Threatened To Default On The National Debt

(4) Comments | Posted May 6, 2016 | 5:13 PM


Analyzing Donald Trump policy proposals is a fool's errand. I am a fool: Behold my errand.


The presumptive GOP nominee has an idea for dealing with American debt and infrastructure. The first half of his plan makes sense. The second half is insane.


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Big Banks Just Claimed A Constitutional Right To A Taxpayer Subsidy

(1) Comments | Posted May 4, 2016 | 3:34 PM


WASHINGTON -- Big banks get a lot of free money from the federal government. And their lobbyists think they have a constitutional right to it.


Each year, the government pays billions of dollars to banks to thank them for being part of the...

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No, Bernie Sanders Has Not Pushed Hillary Clinton To The Left

(0) Comments | Posted May 2, 2016 | 6:27 PM


Different people run for president for different reasons. Some want to publicize important issues or influence political party platforms. Some want to sell books or score cable news contracts. Some actually want to be president.


If Bernie Sanders jumped into the presidential primary...

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Donald Trump Isn't Killing Democracy. Inequality Is.

(0) Comments | Posted May 2, 2016 | 3:43 PM


In the 1990s, a Democratic president named Bill Clinton teamed up with a Republican Congress to rewrite the rules of the global economic order. Ronald Reagan had set the blueprint: cut taxes, deregulate corporations and curb the power of labor unions. Clinton forged ahead where his...

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Hillary Clinton Defeats Bernie Sanders In Maryland Primary

(0) Comments | Posted April 26, 2016 | 10:45 AM

WASHINGTON -- Hillary Clinton breezed past Sen. Bernie Sanders (I-Vt.) in Tuesday's Maryland primary, handily winning a state in which she had maintained a substantial lead all...

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