Eliza Newlin Carney

Eliza Newlin Carney is a weekly columnist at The American Prospect. Her email is ecarney@prospect.org.

 

Recent Articles

Wall Street Gears Up Its Stealth Attack

(Photo: AP/CQ Roll Call/Bill Clark)
(Photo: AP/CQ Roll Call/Bill Clark) Senator Elizabeth Warren speaks during a Senate Banking, Housing and Urban Affairs Committee hearing on July 15, 2015. I t’s appropriations season again on Capitol Hill, and that means the halls of Congress are crowded with Wall Street lobbyists looking for regulatory relief in the form of legislative “riders” attached to must-pass spending bills. “Once again, it’s like ringing the dinner gong for the lobbyists,” declared Senator Elizabeth Warren of Massachusetts in a conference call with reporters on Wednesday. “They are swarming this place. Because they have all kinds of goodies that they want to slip into the legislation.” Financial services industry lobbyists aren’t the only ones pressing lawmakers to attach policy riders to the fiscal 2017 appropriations bills now under consideration on Capitol Hill. Riders promoted by corporate or conservative interests would weaken a broad range of worker safety, environmental, and women’s health protections...

Convention Floor Fight May Still Loom

AP Photo/Charlie Neibergall
AP Photo/Charlie Neibergall Republican presidential candidate Donald Trump speaks during a rally, Friday, May 6, 2016, in Omaha, Nebraska. rules-logo-109.jpeg R epublicans are running out of ways to reclaim their grip on a GOP that many party leaders regard as spinning out of control, now that Donald Trump is its presumptive presidential nominee. Some have thrown in the towel and reversed course to endorse Trump, having previously condemned him. Some still hold out hope that a third party Republican might at least carry the banner for traditional conservative values. Some plan to sit out both the party’s convention on Cleveland in July and possibly the entire election. But there is one way that anti-Trump Republicans may still yet wield substantial influence over the shape of their party’s presidential ticket: the billionaire businessman’s choice of a running mate. The Republican Party’s rules for nominating a vice presidential contender differ sharply from those that govern the top...

Trump Fallout Hurts GOP Campaign Coffers

AP Photo/Michael Conroy
AP Photo/Michael Conroy Republican presidential candidate Donald Trump speaks during a rally at The Palladium in Carmel, Ind., Monday, May 2, 2016. rules-logo-109_2.jpg D onald Trump’s emergence as the Republican Party’s all-but-inevitable presidential standard-bearer deepens a growing ideological rift between the GOP and its traditional allies in the business community, who have long been the party’s leading political donors. The damage incurred by Trump, whose inflammatory rhetoric has deeply alienated women, Latinos, and young voters, among others, will play out on many levels. But in the practical sphere of campaign financing, Republicans are already feeling the pinch . Having championed Supreme Court rulings and government regulations that permit corporate donors to spend freely on elections, Republicans in this election have been abandoned by a long list of big GOP contributors put off by Trump. The latest sign that the GOP is in trouble with some of its traditional corporate...

Fighting Over Secret Money

(Photo: AP/Bill Clark/CQ Roll Call)
(Photo: AP/Bill Clark/CQ Roll Call) Democracy Spring protesters on Capitol Hill on April 13 demonstrate against big money in politics. rules-logo-109.jpeg T he biggest problem with the campaign-finance system is also the hardest to correct: the escalating millions spent on politics behind a veil of secrecy. On its face, this should be an easy problem to fix. Why not simply require donor disclosure for all campaign activities? The hard part is that many groups that claim to be engaging in advocacy or public education are actually making political expenditures. The courts have ruled that advocacy groups have a right to keep their donors private, lest the government tread on constitutionally protected free speech. But that means that disclosure rules must be carefully crafted to protect both voters’ right to know who is paying for American elections, and organizers’ rights to petition the government without harassment or intrusion. Right now, the regulatory regime tilts heavily in favor...

Clinton Campaign Money Legal but Problematic

(Photo: AP/Matt Rourke)
(Photo: AP/Matt Rourke) Democratic presidential candidate Hillary Clinton speaks during a campaign stop in Philadelphia on April 20. rules-logo-109.jpeg I n legal terms, Bernie Sanders’s complaint that Hillary Clinton’s joint fundraising agreement with the Democratic National Committee improperly benefits her campaign doesn’t withstand close scrutiny. The Sanders camp’s professed shock that the Hillary Victory Fund is collecting contributions “as high as $353,400 or more” says less about Clinton’s fundraising than it does about the near-total deregulation of the nation’s campaign-finance system. Sanders lawyer Brad C. Deutsch’s letter to the DNC cites no actual rules violations, and manages to contradict itself. Deutsch in his first breath complains that the DNC has improperly spent millions to gin up small contributions to the Clinton campaign, and in his next objects that Clinton’s campaign is paying millions to cover the joint fundraising committee’s salaries and overhead. Given...

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