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Zach Carter
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

Obama Threatens To Veto Corporate Tax Cut Deal For Locking Out Middle Class

(560) Comments | Posted November 25, 2014 | 4:18 PM

WASHINGTON -- The Obama administration on Tuesday threatened to veto a bipartisan tax deal that would reportedly create permanent tax perks for corporations without advancing key tax breaks for middle- and low-income families.

"The President would veto the proposed deal because it would provide permanent tax breaks to...

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Republicans Are Blocking The Only Congressional Response To Ferguson

(266) Comments | Posted November 24, 2014 | 6:59 PM

WASHINGTON -- The only Congressional response to this summer's brutal police crackdown in Ferguson, Missouri appears to be dead, with the House GOP leadership blocking a vote on a bipartisan bill introduced by Reps. Hank Johnson (D-Ga.) and Raul Labrador (R-Idaho).

The legislation seeks to curb controversial...

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Obama Administration Preaches 'Human Dignity' While Covering Up Torture

(3) Comments | Posted November 24, 2014 | 6:16 PM

WASHINGTON -- As the saying goes, some things are easier said than done. That is especially true here in the nation's capital, a company town upon which is constructed a spare-no-expense infrastructure predominantly organized to provide posh venues for articulating values, shifting paradigms, and ideating meditatively. The language of the...

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Finally, 'Emperor' Obama Ends The 'Will-He-Or-Won't-He' Immigration Phase

(34) Comments | Posted November 22, 2014 | 7:30 AM

So, that happened: This week, after several months of "will-he-or-won't he" wonderings, President Barack Obama went ahead on his own and issued new executive actions to fill the space where a comprehensive immigration reform bill should be. We'll sort this out with HuffPost immigration reporter Elise Foley.

Listen to...

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The Fed Just Acknowledged Its Too Big To Jail Policy

(143) Comments | Posted November 21, 2014 | 6:11 PM

WASHINGTON -- The federal government until recently shielded big banks from criminal prosecution out of concern that convictions may damage the financial system, a top Federal Reserve official said Friday, explicitly acknowledging a policy long denied by the Obama administration.

The admission came during a tense exchange between William Dudley,...

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Elizabeth Warren Infiltrates The Clinton Borg

(68) Comments | Posted November 19, 2014 | 9:52 PM

WASHINGTON -- Democrats still don't know what to do about the Clinton years.

That wouldn't be a big deal if President Bill Clinton's legacy didn't cut to the heart of the Democratic Party's biggest internal rift since the 1980s: Its relationship with Wall Street, and with it, the Democratic economic...

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Ted Cruz Knows Exactly What To Say To Cause An Obama Internet Freakout

(80) Comments | Posted November 14, 2014 | 6:25 PM

So, that happened: This week, President Barack Obama announced his full-throated support for "net neutrality," a term that basically means "don't let Comcast turn the Internet into a dystopian mess" -- unless you're Sen. Ted Cruz (R-Texas), and then you think it's "Obamacare for the Internet."

Listen to this...

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Why Are Republicans Talking Like Elizabeth Warren?

(46) Comments | Posted November 14, 2014 | 7:32 AM

WASHINGTON -- Senate Minority Leader Mitch McConnell (R-Ky.) will have to expand the scope of President Barack Obama's executive powers if he wants Congress to approve a major free trade agreement currently being negotiated by the administration. And that's making elements of the tea party angry.

"I think it's insane...

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Why Mitch McConnell Plans To Troll Elizabeth Warren

(1063) Comments | Posted November 6, 2014 | 7:30 PM

WASHINGTON -- Sen. Mitch McConnell (R-Ky.), looking forward to a GOP Senate majority, laid out the Republicans' 2015 financial policy platform: trolling Sen. Elizabeth Warren (D-Mass.).

"The [Senate] Banking Committee is certainly going to be taking a look at Dodd-Frank," said McConnell, who is widely expected to be the next...

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McConnell And Obama Are Already Planning To Undercut Liberal Democrats In Congress

(65) Comments | Posted November 5, 2014 | 4:51 PM

WASHINGTON -- Sen. Mitch McConnell (R-Ky.) said Wednesday that he and President Barack Obama are already discussing plans to cut corporate tax rates and pass free trade agreements, following the GOP's major gains in Tuesday's elections.

The comments from McConnell, who is expected to become the next Senate majority leader,...

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What Democrats Can Learn From Their Election Night Red Wedding

(34) Comments | Posted November 5, 2014 | 4:19 PM

So that happened: And we mean this literally just happened. The 2014 midterm elections are in the books, and for the Democratic party, it was one big coast-to-coast Red Wedding. "Drinking and Talking" host Sam Stein joins the podcast to pick through the wreckage and answer some questions:...

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The 2014 Election Was About The Economy, And Democrats Have Only Themselves To Blame

(158) Comments | Posted November 5, 2014 | 2:41 PM

WASHINGTON -- If you want to examine the gnarled roots of the Democrats' 2014 election-night mollywhopping, you should cast your mind back to the fall of 2008.

Let’s set the scene: The air is thick with the acrid stench of ruined financial institutions. Economic indicators portend something potentially apocalyptic...

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Eight Things You Probably Didn't Know About Mitch McConnell And Kentucky

(72) Comments | Posted November 3, 2014 | 6:31 PM

A year ago, before Sen. Mitch McConnell knew the name of his Democratic opponent in this year's race, The Huffington Post traveled across Kentucky attempting to assess the Senate minority leader's impact on his home state. McConnell is a master strategist and an extremely effective fundraiser. But after 30 years...

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How Obamacare Could Save Alison Lundergan Grimes

(403) Comments | Posted November 3, 2014 | 5:48 PM

WASHINGTON -- Most polls show Alison Lundergan Grimes trailing Senate Minority Leader Mitch McConnell in Kentucky's closely watched Senate race. But a secret weapon for Grimes may be something she struggled to embrace for most of her campaign: Obamacare.

More than 413,000 people in...

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Turns Out Everybody Fouled Up The Wall Street Crash Except Tim Geithner

(65) Comments | Posted October 31, 2014 | 12:07 AM

Former Treasury Secretary Timothy Geithner lashes out at just about everybody in Washington in notes he intended to keep private that were uncovered by ProPublica.

Wrongheaded "populists," confused labor unions, ineffective bank regulators, disingenuous congressional Republicans, hostile reporters and gullible business leaders all are subjected to...

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Alison Lundergan Grimes May Have Found Mitch McConnell's Weak Spot

(486) Comments | Posted October 30, 2014 | 6:05 PM

WASHINGTON -- With Alison Lundergan Grimes down in almost every poll in a tight race against Senate Minority Leader Mitch McConnell, her success may hinge on whether she can bring Paducah, a small city more than three hours west of Louisville, into her camp....

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Obama Has Been Fighting Doctors Without Borders For Years

(295) Comments | Posted October 29, 2014 | 2:15 PM

WASHINGTON -- It's a little unusual to see the Obama administration singing the praises of Doctors Without Borders, the Nobel Peace Prize-winning nonprofit that is shipping doctors, drugs and supplies to West Africa to combat the Ebola outbreak.

When President Barack Obama lauded the "incredible heroism" of American doctors who...

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Top NIH Ebola Specialist Says Quarantines Will Jeopardize Americans

(229) Comments | Posted October 26, 2014 | 1:45 PM

WASHINGTON -- The top government infectious disease specialist warned politicians against Ebola quarantines on Sunday, saying aggressive protocols targeting all health workers who fight the disease are not backed up by good science and could ultimately threaten public health in the United States.

Dr. Anthony Fauci, director of the National...

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Chuck Schumer: Supreme Court Will Thwart Democrats For Decades If We Lose Midterms

(610) Comments | Posted October 26, 2014 | 12:51 PM

WASHINGTON -- If Republicans take control of the Senate in the November elections, the repercussions for the Supreme Court could thwart Democratic Party policy priorities for decades, Sen. Chuck Schumer (D-N.Y.) told NBC on Sunday.

"Meet the Press" host Chuck Todd asked Schumer why voters should care about the prospect...

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Chris Christie Defends Ebola Quarantines

(319) Comments | Posted October 26, 2014 | 11:27 AM

WASHINGTON -- New Jersey Gov. Chris Christie (R) on Sunday defended his abrupt Ebola quarantine policy, dismissing concerns that the aggressive treatment of health care workers would prevent American doctors from going overseas to combat the disease.

"The government's job is to protect safety and health of our citizens," Christie...

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