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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

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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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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