It Looks Like We Need Some New Candidates For Fed Chair

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Gary Cohn on President Trump’s response to Charlottesville:

Citizens standing up for equality and freedom can never be equated with white supremacists, neo-Nazis, and the KKK. I believe this administration can and must do better in consistently and unequivocally condemning these groups and do everything we can to heal the deep divisions that exist in our communities.

Janet Yellen on President Trump’s desire to deregulate Wall Street:

Yellen, 71, made clear in her speech on Friday that she believes tighter regulations and standards have made the banking system safer and that while some improvements could be made, they should be modest, not structural. “The evidence shows that reforms since the crisis have made the financial system substantially safer,” Yellen said, according to prepared remarks.

Welp, Cohn and Yellen have just failed the all-important sycophant test. There go our top two contenders to lead the Fed when Yellen’s term expires. Who’s next in line? The Mooch?

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We need to start raising significantly more in donations from our online community of readers, especially from those who read Mother Jones regularly but have never decided to pitch in because you figured others always will. We also need long-time and new donors, everyone, to keep showing up for us.

In "It's Not a Crisis. This Is the New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, how brutal it is to sustain quality journalism right now, what makes Mother Jones different than most of the news out there, and why support from readers is the only thing that keeps us going. Despite the challenges, we're optimistic we can increase the share of online readers who decide to donate—starting with hitting an ambitious $300,000 goal in just three weeks to make sure we can finish our fiscal year break-even in the coming months.

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