Category «Financial System»

Simpson Thacher Becomes Latest Surrender, Firm Joins Trump’s International House Of Tariffs

Follow up to previous postings – How Trump’s crackdown on law firms is undermining legal defenses for the vulnerable and What if the Big Law Firms Hadn’t Caved to Trump?, see also Above the Law: “Back in August, the New York Times reported that Kirkland and Paul Weiss (along with Skadden) — firms who had …

Subjects: Censorship, Civil Liberties, Economy, Financial System, Freedom of Information, Government Documents, Knowledge Management, Legal Research, Legislation

Government Shutdown Makes History: Tracking The Economic Impacts

Forbes: “The government shutdown has officially entered its 36th day, becoming the longest federal funding lapse in U.S. history—surpassing the 35-day shutdown that took place during President Donald Trump’s first term in office. Millions are feeling the impacts: SNAP benefits used by roughly 42 million Americans will only be partially funded for November. Beyond the …

Subjects: Congress, Economy, Financial System, Transportation

How Tech Billionaires Are Building a Post-Democratic America

The Authoritarian Stack: How Tech Billionaires Are Building a Post-Democratic America – And Why Europe Is Next [This article is largely a visualization with accompanying text – very well done]. “The Contract That Changed Everything –  In late July 2025, deep within the Pentagon’s bureaucratic machinery, the U.S. Army quietly signed away a piece of …

Subjects: Defense, Economy, Financial System, Government Documents, Internet, Legal Research

AI in Finance and Banking, October 31, 2025

Via LLRX – AI in Finance and Banking, October 31, 2025 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided …

Subjects: AI, Economy, Financial System, Government Documents, Legal Research

Why Economists and Doctors Are Monitoring Local News

CJR: “Researchers routinely rely on websites like data.census.gov, but this month, the top of the site displays a banner that reads: “Due to the lapse of federal funding, this website is not being updated.” Dozens of reports—from critical spending data to disease surveillance—are not updated or completely dark due to the ongoing government shutdown. Earlier …

Subjects: Censorship, Congress, E-Government, Economy, Financial System, Food and Nutrition, Government Documents, Health Care, Internet, Knowledge Management, Legal Research, Medicine, RSS

AI Incident Database

AI Incident Database – Search over 3000 reports of AI Harms. Why “AI Incidents”? Intelligent systems are currently prone to unforeseen and often dangerous failures when they are deployed to the real world. Much like the transportation sector before it (e.g., FAA and FARS) and more recently computer systems, intelligent systems require a repository of …

Subjects: AI, Civil Liberties, E-Records, Economy, Financial System, Freedom of Information, Government Documents, Internet, Knowledge Management

Building a More Effective, Responsive Government: Lessons Learned from the Biden-Harris Administration

The Roosevelt Institute Report, October 28, 2025 – “We know the tragic effects of President Donald Trump’s dismantling of the federal government. But the truth is, Trump and Elon Musk alone didn’t break our governing institutions. Even prior to the current administration’s actions, both parties presided over decades of disinvestment in federal government capacity, too …

Subjects: Censorship, Civil Liberties, Economy, Financial System, Government Documents, Legal Research

Keeping up with 2025 executive orders and related litigation

Via LLRX – Keeping up with 2025 executive orders and related litigation – As of October 1, 2025, Donald Trump has signed a total of 210 executive orders during his current administration. Attorneys in many areas of practice need to know how to keep up with the latest EOs, as these orders may impact the funding, …

Subjects: Censorship, Civil Liberties, Congress, E-Government, Economy, Financial System, Government Documents, Legal Research

What if the Big Law Firms Hadn’t Caved to Trump?

But law firms are in a special position. They don’t just use the legal system; they play a critical role in creating and upholding it. Even more than other private actors, such as universities and media companies, law firms and lawyers have an established duty to uphold the integrity of the system they work in, …

Subjects: Censorship, Civil Liberties, Financial System, Government Documents, Legal Research

Photo of JPMorgan’s new NYC headquarters mocked for quadruple-monitor setup

Daily Dot: “A lot of fuss has been made in the business world recently about the new $3 billion global headquarters the financial institution built in New York City. The 60-story skyscraper will be the new workplace for 10,000 employees. Publications fawning over it largely stress that it was designed with an eye to sustainability …

Subjects: Economy, Financial System, Knowledge Management

Tech, crypto, tobacco, other companies fund Trump’s White House ballroom

Follow up to previous post – Trump’s demolition of the White House East Wing is nearly complete, see also: Via Bellingcat – New satellite images show the scale of demolition that has occurred on the East Wing of the White House – and as follows: The New York Times “Obituary” A Pile of Rubble: After …

Subjects: Financial System, Government Documents, Legal Research