Saw the incomparable Samara Joy tonight, outstanding

Earlier this year, we argued that our political & policy decisions should be grounded in a progressive vision of the good life.

Today, we launch a The American Prospect essay series about what that vision should look like. Ft. Chris Murphy 🟧, Maurice Moe Mitchell 🐺, & more: prospect.org/sponsored/theg…

Great chat with Jarod Facundo today about grocery stores at the center of this new maelstrom on pricing. Check it out!
prospect.org/videos/2024-06…

It's no shock prices are high when companies are price gouging and fixing their prices.

Look at the sugar industry - a new case alleges that sugar companies coordinated price hikes. The result? Prices increased by nearly 60% between 2019 to 2023.

foodandpower.net/latest/sugar-p…

Lobbyists claim a recent U.S. Commerce Dept. draft guidance intended to help regulators fight price-gouging drugmakers will instead ensnare semiconductor firms that receive CHIPS Act funds.

That idea is questionable at best, patent experts told me.

More ⬇️

x.com/Capitol_Forum/…

President Macron's snap decision to call for new elections means that for the first time in decades, the French left could form a governing coalition. prospect.org/blogs-and-news…

Corporate America is soooo scared of Lina Khan and are working very hard to get another pro-corporate, pro-merger, pro-monopoly stooge back at the FTC under Trump.

Fat Joe clearly read The American Prospect's pricing issue. prospect.org/pricing

Left Coalition has platform:
—rollback Macron retirement reform & cuts to unemployment benefits
—↑ min wage
—↑ daycare spots
—repeal Macron immigration restrictions
—bring back wealth tax & exit tax
—carbon neutrality plan
—200K public housing/year
more: lemonde.fr/politique/arti…

“These economic royalists complain that we seek to overthrow the institutions of America. What they really complain of is that we seek to take away their power.” FDR

Now here's a second-term agenda item: more judges to end the narrow bottlenecks that shape power in places like Texas. Bill passed Senate Judiciary today to add 60 judgeships.
news.bloomberglaw.com/daily-tax-repo…

'How else would you describe Silicon Valley, Big Oil, and Wall Street coming together to back a transactional presidential candidate who promises them specific favors, after reducing their corporate taxes by 40 percent the last time he was president?'

Clever moves from David Dayen:

How bad do you have to be at banking for the Fed to hit you with an enforcement action?
(This is related to the Synapse disaster; Evolve is one of the banks that Synapse links to fintechs)
federalreserve.gov/newsevents/pre…

Evolve enforcement action just dropped:

Coming up at the bottom of the hour

After a Biden admin rule capping credit card late fees at $8, banks freaked out and sued.

But now PNC is slashing fees to $8, and Wells Fargo is eliminating fees entirely on a new card.

Seems like banks can actually afford to profit less off people who are already struggling.

Still no ruling from the Supremes in the Trump immunity case, which as Michael Meltsner writes for us is the whole point, to delay delay delay:
prospect.org/justice/2024-0…

Happy Flag Day. As everyone is taught in first grade, on this day the tradition is that you display the flag upside-down in response to troublesome neighbors

Supreme Court conservatives rule that ATF cannot regulate bump stocks that have really no function other than facilitating mass killing
supremecourt.gov/opinions/23pdf…