The dirty secret about bank regulation, the corruption and autocracy nexus, and disinvestment in Black places.
| What the lack of premium grocery stores says about disinvestment in Black neighborhoods Grocery stores like Whole Foods and Trader Joe’s do more than provide healthy shopping options for residents; they can also help showcase that a place is high-income, desirable to live in, and secure. In a new analysis, DW Rowlands, Manann Donoghoe, and Andre M. Perry find that premium grocery stores are less likely to be located in Black-majority neighborhoods, regardless of the average household income of those neighborhoods. Read more |
| The corruption and autocracy nexus: The case of ‘King Bibi’ “Success can be measured in many ways, including backhanded ones. Netanyahu may not have wished it, but his appearance at the Summit for Democracy highlighted how corruption drives democratic backsliding and also mobilizes concerned citizens to speak out to protect democratic values. Intended or not, that was a success indeed,” write Norman Eisen, Mansi Patel, and Kai Smith. Read more |
| The dirty secret about bank holding company regulation In the aftermath of Silicon Valley Bank’s collapse, the U.S. Federal Reserve has committed to an internal review of its regulatory and supervisory failures. Aaron Klein discusses ongoing issues in bank holding company regulation and calls on the Fed to act more aggressively when it finds unsafe business practices. Read more |
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