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'Drastic Deregulation'
futureofcapitalism.com
One of the clearest signals of bias in the press comes in the adjectives and adverbs the reporters and editors hurl. At the end of a New York Times "news" article about a party-line 3-2 vote on hiring a lawyer for a staff job at the Federal Trade Commission comes this paragraph: Mr. Smith's selection comes at a time of drastic deregulation of financial services — especially enforcement of laws meant to protect poor people — led by Mick Mulvaney, the interim director of the Consumer Financial Protection Bureau. In recent weeks, Mr. Mulvaney has scaled back the bureau's investigations into student loan abuses and payday lenders while calling for the elimination of an online database of complaints against banks.
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Glenn Thrush
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