Kenny Stancil

"Let them eat my marble bathroom."

The Fed's moves to eviscerate bank supervision staff (and bank regulation broadly) serves as a reminder that financial oversight is a *crucial* part of the Fed's mandate.

One of the reasons (more below) we opposed Biden's renomination of Jay Powell is because he's a proven ally of Wall Street.

Weeks 40-41: Belle of the Ballroom Crypto interests and White House ballroom donors are the biggest beneficiaries of the administration's latest rounds of corruption.

NEW: Over the past two weeks alone, the administration has: pardoned a crypto CEO who laundered money for terrorist groups, created pay-to-play opportunities with the White House ballroom, given government contracts to Don Jr., and more.

Read more in our latest Corruption Calendar ⬇️

Making Banking Supervision Suck Again - The American Prospect Bank supervision consists of two main prongs: risk management and compliance. On the compliance side, consumer protection laws are being enforced less than at any time since at least the Great Recessi...

Banking regulation is the weakest it's been since at least the Great Recession. What could possibly go wrong??

Our @dylangyauchl.bsky.social has more in @prospect.org this morning 1/2

prospect.org/2025/10/31/m...

Democrats Once Fought “Pro-Arsenic” Republicans—They Should Try It Again Recent history reveals a better way to politicize public health

NEWSLETTER:

Our Julian Scoffield argues that Democrats should look to their recent history for a blueprint on how to politicize Republican health policy

Last week, Trump partially approved 4 requests for major disaster declarations.

Trump praised AK, ND, & NE—states he's won multiple times—when announcing his decisions.

Meanwhile, Trump rejected requests from IL, MD, & VT—places he's lost.

Many more red flags in the 🧵⬇️

Map: Trump Has Often Delayed or Denied Disaster Aid | Revolving Door Project The Trump administration so far has refused to allocate federal disaster aid in a timely manner. Check out our interactive map for more details on the White House's careless approach to major disaster...

We've been tracking how Trump's FEMA is delaying and denying disaster aid here:

therevolvingdoorproject.org/trump-disast...

Key findings ⬇️

1. In many cases, Trump has taken more than six weeks to approve major disaster declaration requests.

Here are the places that were forced to wait eight weeks or more:

2. Trump has rejected at least 12 requests for weather-related major disaster declarations.

Here are the denials since June:

3. Even when Trump approves a request, he rarely does so in full. Trump routinely denies certain types of aid and/or excludes certain counties.

Of Trump’s 37 approvals, 36 of them have been partial, according to publicly available information.

4. Trump has not approved Hazard Mitigation funding since March.

A memo that then-acting FEMA chief Charles Hamilton sent to OMB called for such a freeze.

Instead of investing in risk reduction to prevent and lessen the impacts of future disasters, we're building back worse.

Map: Trump Has Often Delayed or Denied Disaster Aid | Revolving Door Project The Trump administration so far has refused to allocate federal disaster aid in a timely manner. Check out our interactive map for more details on the White House's careless approach to major disaster...

Full details on Trump's reckless approach to major disaster declarations here:

therevolvingdoorproject.org/trump-disast...

“Only a holistic response to this crisis, intended to ensure safe, affordable housing for all — rather than prioritizing insurance company profits — can fully address the interconnected risks communities face,” I told author @kennystancil.bsky.social.

Private Flood Insurers Are Capitalizing on the Shutdown With the US government shutdown effectively paralyzing the National Flood Insurance Program, private firms such as Neptune Insurance Holdings are seizing the opportunity to push for the near-total privatization of flood insurance.

With the US government shutdown effectively paralyzing the National Flood Insurance Program, private firms such as Neptune Insurance Holdings are seizing the opportunity to push for the near-total privatization of flood insurance.

⚠️ REMINDER: We built public flood insurance because private companies refused to cover people.

Now those same companies are cashing in on climate chaos — while the federal program sits frozen in a shutdown.

This isn’t “resilience.” It’s disaster capitalism.

Amid The Shutdown, Flood Insurance Profiteers Are Riding The Wave Private insurers like Neptune Insurance Holdings are cashing in on the shutdown and pushing to privatize the National Flood Insurance Program, despite risks to homeowners.

NEW: Private insurers like Neptune are cashing in on the shutdown and pushing to privatize the National Flood Insurance Program.

Our @kennystancil.bsky.social explains how for-profit insurers could leave communities in the lurch amid the mounting climate crisis.

Kristi Noem "delayed assistance to Texas by nearly 72 hours... how many more people could have been saved but for those actions?"

Key question asked by former FEMA press secretary Jeremy Edwards during today's rally.

Watch the full rally here: www.c-span.org/program/publ...

Big Business Will Not Save Us Scrutinizing the “ideological warfare” a business community mouthpiece says drove Corporate America into the arms of a fascist.

NEW: A Third Way fellow claimed in the Wall Street Journal's editorial pages that Democrats “alienated” Big Business into allying with Trump, and that our organization deserves some of the blame.

Our full response in today’s newsletter:

The Trump administration's unjustifiable cuts have lethal consequences.

Reporting from @daveweigel.bsky.social shows the salience of campaigning against data centers. Candidates of both parties are working to harness Virginians' anger.

For @prospect.org, @dylangyauchl.bsky.social and @maxmoranhi.bsky.social argued that Dems should lean into fighting the AI industry.

1 dead, 2 missing and dozens rescued after remnants of a typhoon lash western Alaska The remnants of Typhoon Halong have brought hurricane-force winds and ravaging storm surges to western Alaska. Authorities say one person is dead and two remain missing.

The remnants of Typhoon Halong devastated western Alaska.

The Trump admin's cancellation of FEMA's Building Resilient Infrastructure & Communities (BRIC) program leaves communities more vulnerable to extreme weather deaths and damage.

And ⬆️ fossil fuels means more frequent and intense storms.

Opinion | Why Did Business Jump on the Trump Train? And how can it ever be considered trustworthy participants in a democracy?

Corporate America’s mouthpieces claim the few limits on corporate influence we helped win during the Biden admin drove Big Business to board Trump’s tyrannical train.

If so, how can Big Business ever be trustworthy participants in a democracy?

Our @jeffhauser.bsky.social in the @wsj.com:

In 2 Years of Gaza Genocide, Sunday Shows on NBC, ABC and CNN Have Not Featured a Single Palestinian Guest In a microcosm of the U.S. coverage of Israel’s war on Gaza, since Oct. 7, 2023, influential Sunday news shows have not seen fit to book any Palestinians.

For 2 years of Israel’s genocide in Gaza, not one Palestinian voice has been featured on NBC, ABC or CNN’s Sunday shows.

@ahjohnson.bsky.social writes about how the U.S. media has debated Palestinians’ annihilation without letting a single Palestinian speak.

inthesetimes.com/article/gaza...

BREAKING: The Trump admin has installed 100+ fossil fuel insiders and corporate lobbyists to roles across federal agencies.

These staffers are enacting a dirty energy agenda and destroying our public lands.

Our new report with Revolving Door Project breaks it all down ⬇️

YouTube video by MSNBC ‘F--- them kids’: ICE agents drag children out of bed, ransack Chicago building

According to eyewitnesses, armed ICE agents dragged kids out of their beds in the middle of the night, zip tied them and put them in rented vans while raiding an * entire apartment building* on the South Side of Chicago.

www.youtube.com/watch?v=vOXO...

Earlier this morning, on President Trump's orders, I directed a lethal, kinetic strike on a narco-trafficking vessel affiliated with Designated Terrorist Organizations in the USSOUTHCOM area of responsibility. Four male narco-terrorists aboard the vessel were killed in the strike, and no U.S. forces were harmed in the operation. The strike was conducted in international waters just off the coast of Venezuela while the vessel was transporting substantial amounts of narcotics - headed to America to poison our people. Our intelligence, without a doubt, confirmed that this vessel was trafficking narcotics, the people onboard were narco-terrorists, and they were operating on a known narco-trafficking transit route. These strikes will continue until the attacks on the American people are over!!!!

Further premeditated killing by the Trump administration.

Labelling the victims of these strikes as "narco-terrorists" does not magically make these attacks legal.

NEW: Russell Vought aims to use the official government shutdown as pretext to continue his unlawful withholding of federal funds.

But the budget chief's actions in the past few months amount to a stealthy shutdown of the federal government. It's time to put an end to that.

There’s something truly terrifying about how casually tech oligarchs now describe their plans to restructure society. They are publicly pitching to investors and governments a future where we are all obedient subjects under their control.

We are thrilled to announce that our NEW Large Language Model will be released on 11.18.25.