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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 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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The Legal Problem That Could Crash Uber

(0) Comments | Posted April 21, 2016 | 9:24 AM


WASHINGTON -- Ride-sharing titan Uber -- which is valued at about $68 billion -- makes a lot of its money by skirting labor laws. And one of its top lobbying allies in the nation's capital may have just undermined its profits.

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Populism Was The Real Winner On Tuesday Night

(0) Comments | Posted April 20, 2016 | 12:34 PM


Tuesday was a tough night for Sen. Bernie Sanders' presidential campaign. It was a promising one for the populist movement that has been building steam within the Democratic Party ever since the financial crisis.


Hillary Clinton defeated Sanders by nearly 16 points in the New York Democratic primary,...

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Anti-Slavery Hamilton May Get To Stay On $10 Bill While Genocidal Slaver Jackson Gets Pushed Off The $20

(0) Comments | Posted April 17, 2016 | 11:48 AM

On Saturday, CNN reported that Treasury Secretary Jack Lew was planning to announce that rather than replacing Alexander Hamilton on the $10 bill, the department might consider supplanting Andrew Jackson on...

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This Democrat Is Channeling FDR With A Plan To Break Up Big Cable

(1) Comments | Posted April 15, 2016 | 10:44 AM


WASHINGTON -- Before Hillary Clinton and Sen. Bernie Sanders (I-Vt.) sided with the striking Verizon workers this week, Democratic congressional candidate Zephyr Teachout had already made their cause a core part of her campaign.


Teachout, best known for her 2014 primary challenge...

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The Democratic Debate Was A Weird Role Reversal

(0) Comments | Posted April 15, 2016 | 12:16 AM


WASHINGTON -- Bernie Sanders repeatedly flubbed opportunities to attack Hillary Clinton on his strongest issue during Thursday night's Democratic debate. And then … he shocked America by outfoxing her on a foreign policy issue.


Listen to HuffPost's analysis of the debate in the...

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Elizabeth Warren Has A Plan To Make Tax Day Much Less Terrible

(0) Comments | Posted April 13, 2016 | 4:52 PM


WASHINGTON -- For the vast majority of people, filing taxes is currently way more annoying than it has to be. Sen. Elizabeth Warren (D-Mass.) on Wednesday introduced legislation to change that.


There's really no need for many people to prepare their tax returns...

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Elizabeth Warren Has Basically Had It With Paul Krugman's Big Bank Nonsense

(0) Comments | Posted April 13, 2016 | 4:19 PM


WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) appeared to offer a thinly veiled rebuke of liberal economist Paul Krugman on Wednesday by highlighting a "scary" too-big-to-fail ruling from federal bank regulators.


The Federal Reserve and the FDIC said Wednesday that five of the...

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Yikes, Paul Krugman Really Doesn't Understand Dodd-Frank

(0) Comments | Posted April 11, 2016 | 12:58 PM


Paul Krugman does not seem to understand the very financial regulations he claims to support.


Following up on his Friday column in which the liberal economist flubbed the basic history of the financial crisis, Krugman returns Monday with a column promoting certain rules required...

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Who Has Two Thumbs And Is Wrong About The Financial Crisis?

(1) Comments | Posted April 8, 2016 | 3:23 PM


Somebody is wrong on the Internet, and his name is Paul Krugman.


It is hard for liberal America when Krugman is wrong, because he is liberal America's best -- and most important -- economic columnist.


In a column...

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Bernie Sanders Says He Would Renegotiate NAFTA, Not Violate it

(0) Comments | Posted April 8, 2016 | 2:58 PM


If elected president, Bernie Sanders would not simply ignore the trade deals he has called "disastrous," but would instead renegotiate them with partner nations, according to an interview with the Philadelphia Inquirer.


Donald Trump, another free trade critic...

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Nothing Bill Clinton Said To Defend His Welfare Reform Is True

(5) Comments | Posted April 8, 2016 | 11:19 AM


Everything Bill Clinton said Thursday to defend his 1996 welfare reform law was false.


Clinton claimed that he left the program with plenty of money for poor people, suggested that it helped reduce black poverty and that it was only the mean, nasty...

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This Is A Really Dumb Way To Fix Poverty

(1) Comments | Posted April 7, 2016 | 12:22 PM


Poverty is what happens when people do not have enough money to live decently. It's a difficult problem to solve if there aren't any other people who actually do have enough money to live well. Fortunately, we live in an era in which there are many...

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Top Washington Lawyer Cleared Unaoil In Anti-Corruption Report

(0) Comments | Posted April 5, 2016 | 6:19 PM

A prominent Washington lawyer who wrote a report finding no significant concerns of corrupt practices at Unaoil, the company now at the center of a massive bribery scandal, later provided legal services to Unaoil itself, according to internal emails obtained by The Huffington Post and Fairfax Media.

Kevin Abikoff,...

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Big Banks Aided Firm At Center Of International Bribery Scandal

(3) Comments | Posted April 1, 2016 | 2:12 PM


No business can operate without bankers -- not even the bribery business.


British financial giant HSBC and American bailout kingpin Citibank processed transactions, managed money and vouched for Unaoil, a once-obscure firm that is now at the center of a massive international corruption...

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U.S. Oil Industry Giant Paid Millions To A Company At The Center Of Huge Corruption Scandal

(4) Comments | Posted March 29, 2016 | 6:04 PM


The American engineering and construction firm KBR hired Unaoil -- an obscure Monaco-based company now involved in a massive international bribery scandal -- to help it win oil and gas contracts in Kazakhstan. KBR, which until 2007 was part of the oilfield services giant Halliburton, paid Unaoil millions of...

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Donald Trump And America's 'Second Civil War'

(1) Comments | Posted March 24, 2016 | 4:00 PM


Despite everyone calling him a fascist, Donald Trump may have more in common with Jefferson Davis than he does with Benito Mussolini.


"What we're seeing [with Trump's rise] is what I would call the second Civil War," Steve Ross, a history professor at the University...

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How The Democratic Elite Betrayed Their Party And Paved The Way For Donald Trump

(1) Comments | Posted March 22, 2016 | 12:57 PM


The Republican elite is struggling to understand why so many of its core supporters have abandoned them for an authoritarian demagogue. After decades of cozy cohabitation, the plebes are moving out, leaving the cufflink wing of the party to wonder what went wrong. 


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Donald Trump Got More Votes In Ohio Than Hillary Clinton

(11) Comments | Posted March 16, 2016 | 2:06 PM


Tuesday was a very good day for Hillary Clinton. She swept primary challenger Sen. Bernie Sanders (I-Vt.) in five states, effectively ending his chances of securing the Democratic presidential nomination. But buried within the clear victory was a troubling trend for the party front-runner: She is doing a...

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Machiavelli Would Be Disappointed In Hillary Clinton

(0) Comments | Posted March 11, 2016 | 4:02 PM


There are people who believe that negative campaigning in American politics is base, unnecessary and harmful to democracy. These people are naive and foolish. Negative campaigning is woven into the very fabric of all politics. Even if it didn't work, we...

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