How The Fed And Trump Are Helping Banks Rob You
Banks just raked in $250 billion by charging borrowers more than they pay depositors. Trump moves could make the scam worse.
Archive
Explore all of The Lever’s reporting that holds the powerful accountable.
GOP Megadonor Got Payday Before Rent-Fixing Charges
Blackstone’s Stephen Schwarzman reaped a $1 billion payout, and then the Justice Department announced a landmark antitrust lawsuit.
You’ve Already Paid $6 Billion For Weight-Loss Drugs You Can’t Afford
U.S. taxpayers spent billions developing Ozempic-type diabetes and weight-loss drugs — now those drugs’ markups could bankrupt the U.S. health care system.
The Billion-Dollar Taxpayer Math Behind The Ozempic Boom
How Americans spent $6.2 billion to develop overpriced diabetes and weight-loss drugs.
The Looting Of America’s Affordable Housing Fund
Private equity firms are diverting billions from a Great Depression-era mortgage program — and making huge profits.
The Cancer Gag Act Of 2025
The chemical maker behind Roundup weed killer is lobbying the government to unilaterally block cancer victims from suing them.
Musk’s Big Senate Vote
Lawmakers will decide on whether to deregulate payment apps, including the billionaire’s newest business venture.
The Trump-Perot Connection
New tariffs realize the dream of the original billionaire candidate, whose populism began reshaping working-class politics.
How Trump’s Crypto Move Will Mine Your Retirement
The president just pledged to sink millions in taxpayer funds into the ever-volatile world of cryptocurrencies.
The Devil In Your Cereal Bowl
Why a controversial chemical is tainting your foods — and what you can do to protect yourself.