Sam Gustin

@samgustin.com

Reporter and editor. Biz, tech, policy. Bylines @ TNR, The Nation, Vice, Time, Wired. samgustin.com

Shocker: Trump is delivering a giant gift to the crypto industry. trib.al/3BRjOkv By making volatile crypto products widely available to millions of Americans via their 401(k)s, Trump is delivering a desperately needed bailout to a battered industry in which he happens to be a major investor.

Bild

Trump has spent much of his second term using the U.S. presidency as a giant ATM for himself, his family, and his cronies. Now he’s devised a way for the cryptocurrency and private equity industries to do the same. trib.al/cPlmGK0

Trump’s New Gift to Crypto and Private Equity: Access to Your 401(k)

The president wants to open up workers’ retirement plans to his pet industries, so that he and those industries can reap a windfall while Americans shoulder the risk.

trib.al

In the 60 Minutes controversy, Weiss is likely doing what she always does: producing a line of propaganda masquerading as news coverage that serves the interest of her patrons–in this case, David Ellison, whose interests are served by protecting Donald Trump. https://bit.ly/45bGW9m

Bari Weiss's Counter-Journalistic Crusade Targets “60 Minutes”

The new editor in chief at CBS News has shown she's not merely stupendously unqualified--she's ideologically opposed to the practice of good journalism.

bit.ly

I write in @thenation.com that Paramount’s recent settlement with Trump is a symptom of deep structural rot in our hyper-capitalistic media system. I argue that we should be thinking now about the structural media reforms we need for the post-Trump era as we rebuild journalism from the ground up.

The Media’s Profits Trump Democracy, Once Again

Paramount’s settlement with Trump is a symptom of deep structural rot in our corporate media system.

thenation.com

As FCC chair, Brendan Carr has launched multiple attacks on freedom of the press. He’s demonstrated a clear pattern of supporting Trump’s authoritarian takeover by using his government perch to quash dissent. My latest piece dissects his seven most chilling attacks on free speech.

How FCC Chairman Carr Has Fueled Trump's Authoritarian Takeover

Carr has undermined free speech and press freedom as he carries out Trump’s promises of retribution for those who report critically on his actions.

freepress.net

The Federal Reserve has significantly revised down expected growth for this year and meaningfully revised up expected inflation for this year. Trump’s chaotic and harmful approach to the economy is already showing up.

Federal Reserve table showing expected macroeconomic indicators