Zach Carter
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Zach Carter is The Huffington Post's Senior Political Economy Reporter, working out of Washington D.C. He previously worked as AlterNet's Economics Editor, blogged about economic policy at Campaign For America's Future and served on the steering committee at Americans for Financial Reform. Before any of that, he worked as a banking reporter for SNL Financial News. Email him at zach dot carter at huffingtonpost dot com.

Blog Entries by Zach Carter

Teresa Sullivan University Of Virginia Ouster Led By Political Donors Lacking Academic Experience

(99) Comments | Posted June 21, 2012 | 12:49 AM

WASHINGTON -- The leadership coup at the University of Virginia was conducted by a governing board with profound financial means and limited professional educational experience.

The members of the school's Board of Visitors were appointed by two governors from different political parties and have donated more than...

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House Financial Services Committee To Lose Hardest Hitting Members

(66) Comments | Posted June 19, 2012 | 8:09 PM

WASHINGTON -- Some of the toughest questions for JPMorgan Chase CEO Jamie Dimon during Tuesday's House Financial Services Committee hearing came from lawmakers who will either not be returning to Congress next year or will face steep hurdles to reelection.

The House panel is already known on Capitol Hill...

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Obama Invites Mexico To Join Trans-Pacific Partnership Trade Talks

(1116) Comments | Posted June 19, 2012 | 8:00 AM

WASHINGTON -- President Barack Obama's administration on Monday formally invited Mexico to join controversial free trade negotiations known as the Trans-Pacific Partnership, reinforcing consumer and environmental group concerns that the deal may establish broad new powers for corporations.

The invitation comes less than one week after a leaked...

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Florida Voter Purge: Is The Debate Over? Join Us For A Live Discussion

(1465) Comments | Posted June 17, 2012 | 7:30 PM

An effort by Florida Gov. Rick Scott (R) to purge up to 182,000 names from his state's voter registration rolls has sparked a civil rights outcry and a federal lawsuit from the Department of Justice.

Scott has rejected a federal order to stop the purge, insisting that the...

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Négociations commerciales : une fuite plonge l'administration Obama dans l'embarras

(1) Comments | Posted June 16, 2012 | 3:10 PM

WASHINGTON - Un document décrivant de manière détaillée les négociations de libre-échange entre les États-Unis et huit pays de l'Asie-Pacifique a fait l'objet d'une fuite mercredi matin. Les pouvoirs démesurés qui seraient octroyés aux firmes multinationales en vertu du Trans-Pacific Partnership (TPP) contredisent d'importantes promesses électorales de Barack Obama.

Le...

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Jobs Crisis Misconceptions: Are Regulations Holding Back Growth? (VIDEO)

(143) Comments | Posted June 15, 2012 | 12:35 PM

WASHINGTON -- Repeated Republican efforts to blame government regulations and the alleged growth of government under President Barack Obama for the weak economy fly in the face of economic conditions, according to data compiled by the Treasury Department.

The Huffington Post recently sat down with Assistant Secretary for Economic...

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Obama Trade Document Leaked, Revealing New Corporate Powers And Broken Campaign Promises

(29953) Comments | Posted June 13, 2012 | 9:17 AM

WASHINGTON -- A critical document from President Barack Obama's free trade negotiations with eight Pacific nations was leaked online early Wednesday morning, revealing that the administration intends to bestow radical new political powers upon multinational corporations, contradicting prior promises.

The leaked document has been posted on the...

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Obama Trade Document Leaked, Revealing New Corporate Powers And Broken Campaign Promises

(9) Comments | Posted June 13, 2012 | 9:17 AM

WASHINGTON -- A critical document from President Barack Obama's free trade negotiations with eight Pacific nations was leaked online early Wednesday morning, revealing that the administration intends to bestow radical new political powers upon multinational corporations, contradicting prior promises.

The leaked document has been posted on the...

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Eric Schneiderman's Office Spars With Foreclosure Activist, Blogger

(101) Comments | Posted June 8, 2012 | 5:32 PM

PROVIDENCE, R.I. -- Relations have soured between some foreclosure activists and New York Attorney General Eric Schneiderman, who earned praise for his role in a controversial Wall Street settlement but has more recently also become an object of criticism for that same role.

Schneiderman and the Obama administration tout...

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Lynn Szymoniak's Bank Can't Tell Her How Much She Owes On Her Mortgage

(646) Comments | Posted June 8, 2012 | 3:59 PM

PROVIDENCE, R.I. -- Lynn Szymoniak's four-year foreclosure nightmare is finally over -- but the high-profile activist and attorney said she couldn't finalize her exit without one final problem.

Namely, her bank couldn't tell her how much she owed on her Palm Beach County, Fla. home.

Szymoniak began fighting with her...

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Obama Foreclosure Program Criticized By Expert Panel

(577) Comments | Posted June 8, 2012 | 3:47 PM

PROVIDENCE, R.I. -- Former Wall Street bailout watchdog Neil Barofsky blasted the banking industry on Friday for inflicting a litany of abuses on American homeowners, and issued a withering critique of the Obama administration for protecting those same banks at the expense of homeowners.

"Our entire housing system is built...

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Obama Trade Deal Secrecy Insulting, According To Key Democrat

(1930) Comments | Posted June 7, 2012 | 4:31 PM

WASHINGTON -- The Obama administration has loosened some of its most stringent secrecy policies surrounding a controversial set of free trade negotiations, but the Democratic chair of a Senate subcommittee on international trade is demanding far greater transparency provisions -- and garnering Republican support for his effort.

In late May,...

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Missouri Foreclosure Shooting: Man Shot After Opening Fire On Police

(1505) Comments | Posted June 7, 2012 | 1:00 PM

Police in St. Ann, Mo., shot a man that they were evicting from his home after the 51-year-old allegedly opened fire on them Wednesday. Authorities had used tear gas at the St. Louis suburb residence, setting off the gunfire that ended with the evicted man wounded, according to police.

According...

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Mitt Romney Financial Disclosure Form Lists Bain Capital, Goldman Sachs Gains

(5191) Comments | Posted June 1, 2012 | 7:05 PM

WASHINGTON -- Mitt Romney released his personal financial disclosure form for 2011 late on Friday, publicly revealing a host of transactions involving Bain Capital and Goldman Sachs for the first time.

Romney's 2010 tax return had pegged the presumptive Republican nominee's net worth at somewhere between $190 million...

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U.S. Trade Position Protecting High Drug Prices Blasted By U.N. Agencies

(916) Comments | Posted June 1, 2012 | 8:06 AM

WASHINGTON -- Two major United Nations organizations warned world leaders on Thursday to avoid restrictive free trade agreements that may threaten public health, amplifying international pressure against President Barack Obama's controversial Trans-Pacific Partnership deal.

A report issued by the U.N. Development Program and the anti-AIDS UNAIDS detailed a...

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Deval Patrick, Democratic Governor, Creates Obama Campaign Headache By Defending Bain (UPDATE)

(752) Comments | Posted May 31, 2012 | 4:30 PM

Massachusetts Gov. Deval Patrick ended up defending Republican presidential candidate Mitt Romney on Thursday during TV appearances in which the Democratic politician was supposed to be serving as a surrogate for President Barack Obama. Patrick, who has a history of ethically questionable connections to financial firms, applauded Boston-based...

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Trade Deals For Cheap Drugs In Developing Nations Stalled By U.S.

(193) Comments | Posted May 29, 2012 | 8:07 PM

WASHINGTON -- A change of heart from the Obama administration may pave the way to a groundbreaking global deal to provide lifesaving medications to developing nations. But hardline American opposition to a related treaty has delayed talks to lower the price of AIDS drugs and other critical medications in poor...

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Romney Argues Big Spending Cuts Would Cause 'Depression,' Contrary To Tea Party Activists

(16911) Comments | Posted May 25, 2012 | 1:24 PM

Republican House Speaker John Boehner and GOP Presidential nominee Mitt Romney have, in the course of the past week, pushed starkly different approaches to fiscal policy and economic recovery, a window into a broader rift within the GOP between the Tea Party and less absolutist conservatives.

Boehner, carrying the Tea...

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Obama Administration Blocks Global Health Fund To Fight Disease In Developing Nations

(671) Comments | Posted May 25, 2012 | 8:36 AM

WASHINGTON -- The Obama administration has alarmed global health experts by opposing a new international fund that would fight disease in the developing world. The new fund would require other countries to share a cost burden currently borne predominantly by United States taxpayers, but has nevertheless generated ideological opposition from...

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Trans-Pacific Partnership: Key Senate Democrat Joins Bipartisan Trade Revolt Against Obama

(9534) Comments | Posted May 23, 2012 | 8:32 PM

WASHINGTON -- Sen. Ron Wyden (D-Ore.) introduced legislation late Wednesday to protest the Obama administration's refusal to share information about controversial trade negotiations with the senator.

The administration's blockade against Wyden, who chairs a subcommittee on international trade, conflicts with its prior statements to the press, and raises concerns...

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