Carter Dougherty

Senior Fellow for Antimonopoly and Finance @demandprogress. 🤟🏼 👩‍🦰 👧🏼 👦🏼 + friends, 🏃‍♂️ in Takoma Park, MD. I study 🇩🇪 history, hauntingly relevant.

[Carter Dougherty @CarterD]

OUR AMERICAN OLIGARCHY
Extracting, defending, and sanctifying the wealth of—and rule by—the few. https://t.co/zqzZsDaW9K

[Carter Dougherty @CarterD]

This is like the inside-outside game -- with bank lobbyists. SMFH

[Jeremy Kress @Jeremy_Kress]

How has the Chair of Davis Polk’s Financial Institutions practice seen the SVB report, but the public hasn’t?

https://t.co/Ak2DleGYUG

[Carter Dougherty @CarterD]

@BankPres @Stifel I think one way to "more community banks" would be smaller megabanks. Any takers?

[Rohit Chopra @ChopraUSA]

People are tired of Washington being a cheerleader for AI-enabled harm, high prices, and outright corruption.

@CAgovernor has issued an order today outlining more work on how California will strengthen protections and enforcement to prevent dangerous AI disasters.

Of course, much more is needed and there will be no silver bullet. The federal government should also act and enforce existing laws at the same time. But doing nothing is simply endorsing the status quo. https://t.co/6GsOn0B3AQ

[Carter Dougherty @CarterD]

Lawless antitrust, Part 8935782

[Daniel Hanley @danielahanley]

Only in antitrust can someone with 10+ Supreme Court cases supporting their position lose an argument to someone whose only authority is economic theory and a circuit court opinion or two.

[Carter Dougherty @CarterD]

Nice inside baseball. But when you pump millions into elections and the Trump family is the star of the crypto show, maybe you should ... rethink things.

[Brendan Pedersen @BrendanPedersen]

Tonight, I wrote about the structural process problems that dragged down the Clarity Act for months.

Republicans never agreed to a bipartisan drafting process for the Clarity Act. They probably should have, esp as they lost control of GOP bank allies. Democrats had leverage.

[Carter Dougherty @CarterD]

I've had this experience as well. Was trying to code an AI agent to ferret out some documents. It was constantly expanding the project.

[Nate Silver @NateSilver538]

I've spent hundreds of hours coding with AI models over the past six months. What both impresses me and worries me is how much more persistent they've become. They're much more willing to continue pursuing complex tasks without human intervention (and increasingly good at this).

[Carter Dougherty @CarterD]

@demandprogress cc @halsinger @danielahanley @BedoyaUSA @thefairfightpod @ronmknox @regulatorynerd @ZachHagenSmith @AntimonopolyUS @johnmarknewman @brian_callaci @sandeepvaheesan @stacyfmitchell @Pat_Garofalo @sarahmillerdc @matthewstoller

[Demand Progress @demandprogress]

Demand Progress, @econliberties, @ConsumerReports & @SmlBizMajority asked the courts to stop the Visa-Mastercard duopoly that works with megabanks to keep the costs of credit cards high. Judges are not allowed to rewrite the Sherman Act!

[Carter Dougherty @CarterD]

The phrase "rebuild bonds" is one of the better euphemisms for "lobby" that I've seen in a while.

[Andrew Ross Sorkin @andrewrsorkin]

Breaking in @dealbook: Jay Carney is joining SV Angel, Ron Conway’s venture capital firm, to run a new initiative called Project Blueprint. Its purpose is to rebuild bonds between leaders in the artificial intelligence sector and Democrats who are demanding new rules to regulate the technology.

https://t.co/MhPpWZW7XU

[Carter Dougherty @CarterD]

@robblackwellAB @IBAT_CLW Amen. And that includes scrolling Instagram. Just because you're not watching a full movie doesn't mean no-earphones is okay.

[Alvaro Bedoya @BedoyaUSA]

Amen

[Christopher Williston VI @IBAT_CLW]

What a meaningless nothing offered on the yield issue. This is a joke.

[Tim Miller @Timodc]

"Kremlev, 43, is also involved in an org called Healthy Fatherland, run by his 23-year-old wife’s twin sister. The group — which promotes healthy eating & youth sports — is under Ukrainian sanctions for its alleged role in a program of abducting Ukrainian children and relocating them under the guise of “rehabilitation"

[Carter Dougherty @CarterD]

@tonyannett Until we elected Trump, I thought Brexit was the biggest postwar self-own

[Tony Annett @tonyannett]

Brexit continues to deliver….

[ProPublica @propublica]

Look at this photo we found from Donald Trump Jr.’s lavish Bahamas wedding.

Can you spot the Russian oligarch close to Putin who bankrolled the event? 🧵

[Sarah McBride @SarahEMcBride]

This is literally an argument against representative government itself. He's arguing for an autocracy of elites rather than a republic where a legislative body will inevitably have a range of backgrounds and expertise as they craft overarching policy.

Beyond that, its not like members of Congress are food inspectors, FDA scientists, or doing enforcement at the SEC. This is just the dumbest possible excuse to not do anything as a Congress.

Do your job as a legislator or get out.

[Ruth Ben-Ghiat @ruthbenghiat]

Predictable: AfD is a pro-Kremlin (and pro-China) party.

[The Intellectualist @highbrow_nobrow]

AfD will work with the Russian Federation to undermine the European Union from within, and create general conditions for war.