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Friday, February 23, 2018
David Sirota

David Sirota is International Business Times' senior editor for investigations. He is also a nationally syndicated newspaper columnist and a bestselling author. He lives in Denver, Colorado and covers the intersection of money, politics and finance. He appears periodically on national television shows and is a "real guy represented by the character on ABC's The Goldbergs," according to Twitter.

In 2014, he was the winner of the Society of American Business Editors and Writers' investigative journalism award, and the winner of the Izzy Award for Journalism from Ithaca College's Park Center for Independent Media.

Deutsche Bank, Trump

Trump Administration Gives Lucrative Waiver To Trump’s Bank

The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates. One of the Trump administration waivers was granted to Deutsche Bank — which is owed at least $130 million by President Donald Trump and his business empire, and has also been fined for its role in a Russian money laundering scheme.

January 11, 2018

Cornyn Says Tax Loophole Was Added To Secure Key Senate Votes

Sen. John Cornyn of Texas, the majority whip, on Sunday said a provision that could personally enrich key Republican lawmakers was added to the final tax bill as part of an effort to “cobble together the votes we needed to get this bill passed.”

December 18, 2017
Donald Trump CNN

Last-Minute Tax Break Could Enrich Trump And GOP Leaders

Republican congressional leaders and real estate moguls could be personally enriched by a real-estate-related provision GOP lawmakers slipped into the final tax bill released Friday evening, according to experts interviewed by International Business Times.

December 17, 2017
kochbrothers

Really? A Tax Break For Dark Money Outfits?

With Republican megadonors like Charles Koch, 82, and his brother David, 77, advancing in age, a top GOP senator from the Kochs’ home state has proposed a special tax break for moguls who bequeath their riches to so-called “dark money” groups that advocate for policies and bankroll lawmakers’ election ads.

December 8, 2017
Pence not offended by Hamilton cast member's remarks and praises show

Financial Interests Lobbied Pence Before V.P. Cast Key Vote

Vice President Mike Pence this week cast the deciding vote to kill a federal rule protecting consumers’ right to file class action lawsuits — delivering a big win for a financial industry trade association that has been directly lobbying him on the issue, according to documents reviewed by International Business Times.

October 29, 2017

Hedge Funds, Oil, Fossil Fuels And Pharma Gave Money To The GOP

During the first half of the year in state legislatures, drug companies have fought bills to reduce medicine prices; the financial industry has tried to stop legislation to end special state tax breaks; and oil and gas firms have pushed to block environmental regulations.

July 13, 2017

Puzder Owes Millions To Bank Seeking Labor Department Waiver

Trump’s nominee to head the Department of Labor personally owes millions of dollars to a convicted bank that is relying on the same department to waive sanctions for its crimes. The ties between embattled appointee Andrew Puzder and the multinational bank UBS were listed in federal documents, but they were not explicitly acknowledged in Puzder’s ethics agreement with federal regulators.

February 13, 2017
Demonstration at Trump Tower, whose owner lost popular vote

In Trump Victory, A Fresh Blow To Electoral College

Trump’s victory, despite having lost the popular vote, will no doubt intensify the debate over the fairness of the Electoral College system – and efforts to eliminate it.

November 9, 2016
U.S. Senator Elizabeth Warren (D-MA) shows company documents to Wells Fargo CEO John Stumpf during his testimony before a Senate Banking Committee hearing on the firm's sales practices on Capitol Hill in Washington, U.S., September 20, 2016. REUTERS/Gary Cameron

Warren Slams Clinton’s Revolving-Door Donors

In a speech to the Center for American Progress — which was set up and is run by former Clinton aides — the Massachusetts Democratic senator said groups backing Clinton’s election campaign should be focused on making sure that a prospective Clinton administration is run by those who intend to enact a progressive agenda.

September 22, 2016
unemployment at all time low

The ‘Big Lie’ Behind The Unemployment Rate

Though Trump didn’t say so, the larger criticism of the unemployment rate revolves around how it counts—and doesn’t count—the jobless. Today, the official unemployment rate counts only those actively seeking a job.

August 14, 2016

Should Companies Have To Pay Taxes?

With the U.S. tax code now permitting companies to use brazen tax avoidance schemes in true tax havens, the real question is now whether corporations should have to pay any taxes on their profits at all.

September 25, 2015

A Fight Over One Of America’s Most Important Waterways

Will Andrew Cuomo listen to the criticism? Or will he stand by as a corporate behemoth refuses to remove all of its pollution from the Hudson?

September 18, 2015

Prosecution Of White-Collar Crime Hits 20-Year Low

Just a few years after the financial crisis, a new report tells an important story: Federal prosecution of white-collar crime has hit a 20-year low.

September 11, 2015

Biden’s Bankruptcy Bill Could Complicate a Presidential Run

While some Democratic activists are pining for a Biden-Warren ticket, Warren’s writing suggests such a political marriage would be awfully complicated.

September 4, 2015

Powerful Message From An Imperfect Messenger

Charles Koch said politicians must end taxpayer-funded subsidies and preferential treatment for corporations. Surprising, given how much he has benefitted from them.

August 14, 2015

Hillary Clinton Running Away From Her Free Trade Record

Why has Clinton attempted to distance herself last week from a controversial 12-nation trade deal known as the Trans-Pacific Partnership?

August 7, 2015

Wisconsin’s Economic Cautionary Tale

As Walker’s record faces more scrutiny, his free-market rhetoric may conflict with his embrace of market-distorting subsidies for private businesses.

July 31, 2015

More 2016 Candidates Embrace The Trump Zeitgeist

For all the hype he’s generated, Trump is not the only presidential hopeful willing to make utterly mind-boggling statements.

July 24, 2015

Silicon Valley Emerges As A Political Force

Silicon Valley has surpassed many traditional political powerhouses as a source of campaign cash.

July 17, 2015

How The Trans-Pacific Partnership Gives Corporations Special Legal Rights

Corporations may still be considered people under U.S. domestic law — but under American trade policy, they get far more rights than almost everyone else.

June 26, 2015
Jeb Bush Announcement

Jeb Bush’s Audacious Announcement

Jeb Bush gave an audacious speech, one that assumes America will never bother to consider even the most basic facts about Jeb Bush.

June 19, 2015

Has America Changed Since Edward Snowden’s Disclosures?

On the second anniversary of Snowden’s historic act of civil disobedience, it is worth reviewing what has changed — and what has not.

June 12, 2015
Former Governor Jeb Bush of Florida speaking at the 2015 Conservative Political Action Conference (CPAC) in National Harbor, Maryland. (Gage Skidmore/Flickr)

Can Jeb Bush Be His ‘Own Man’?

Jeb Bush’s last name comes with advantages that are difficult to overstate. In a presidential race, he gets, among other things, instant name recognition and a built-in fundraising apparatus from his father and brother. Those assets alone explain why a man who hasn’t won an election in more than a decade is nonetheless considered a […]

June 5, 2015
amtrak train

Amtrak’s Spectrum Gap

While Amtrak officials may have been devastated by the tragedy in Philadelphia, they could not have been surprise

May 22, 2015

The Marijuana Economy Comes Out of the Shadows

This could be the trade show for any well-established industry — only this is a new kind of business conference with a special Colorado theme: legal weed. The marijuana economy is here and out in the open.

May 15, 2015