How Gen Z is fighting back against Big Tech

As a seventh grader, Emma Lembke was one of the last in her friend group in Birmingham, Alabama, to get on social media. When she did, she says she soon found herself addicted, spending five hours a day on the apps, mostly Instagram.
“At an important developmental period in my life as a young female, as a young kid, in middle school, [I got] wound up in this world of likes, comments, very deeply quantifiable measures of my value, addictive algorithms, and the endless scroll,” she says.

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Here’s How Biden Could Override the Democrats Protecting Wall Street

Five Democrats plan to block the confirmation of Saule Omarova, President Biden’s nominee for Comptroller of the Currency, who is widely seen as a tough-on-banks pick at an agency that has long been captured by Wall Street.
Three of the Democrats—Sens. Jon Tester (D-MT), Mark Warner (D-VA), and Kyrsten Sinema (D-AZ)—voted for a 2018 bank deregulation bill that Omarova criticized at the time. By opposing Biden’s pick to regulate major banks, they are joining hands with the bank lobby, which has led an unusually intense opposition campaign against the Cornell law professor. Sens.

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Pramila Jayapal Has Made Her Case to Be Pelosi’s Successor

Representative Pramila Jayapal holds up a copy of the US Constitution as she votes yes to the second article of impeachment against President Donald Trump. (Patrick Semansky / Getty Images)

EDITOR’S NOTE: Each week we cross-post an excerpt from Katrina vanden Heuvel’s column at the WashingtonPost.com. Read the full text of Katrina’s column here.

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The greediest Thanksgiving ever

Now, they tell us, inflation might be happening — but it’s the fault of greedy corporations! And those companies must be punished.

Corporate greed is why your Thanksgiving turkey and energy prices are more expensive this year, alleges Sen. Elizabeth Warren (D-Mass.). Corporate greed is also why Dollar Tree is finally raising its prices, after 35 years, from $1 to $1.25 for most items, says a senior staffer for Sen. Bernie Sanders (I-Vt.).

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Biden Wants Lower Oil Prices and Lower Oil Supply

President Joe Biden is engaging in political theater in the pretense of doing something about escalating gasoline prices. For his latest act, the president announced earlier today that he is ordering the release of 50 million barrels of oil from the nation’s strategic petroleum reserve in an effort to tamp down rising gasoline prices. Oil prices tanked at the beginning of the global COVID-19 pandemic, falling to around $20 per barrel; as the world’s economies recovered, prices have risen to nearly $80 per barrel.

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Biden Wants Lower Oil Prices and Lower Oil Supply

President Joe Biden is engaging in political theater in the pretense of doing something about escalating gasoline prices. For his latest act, the president announced earlier today that he is ordering the release of 50 million barrels of oil from the nation’s strategic petroleum reserve in an effort to tamp down rising gasoline prices. Oil prices tanked at the beginning of the global COVID-19 pandemic, falling to around $20 per barrel; as the world’s economies recovered, prices have risen to nearly $80 per barrel.

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Biden Wants Lower Oil Prices and Lower Oil Supply

President Joe Biden is engaging in political theater in the pretense of doing something about escalating gasoline prices. For his latest act, the president announced earlier today that he is ordering the release of 50 million barrels of oil from the nation’s strategic petroleum reserve in an effort to tamp down rising gasoline prices. Oil prices tanked at the beginning of the global COVID-19 pandemic, falling to around $20 per barrel; as the world’s economies recovered, prices have risen to nearly $80 per barrel.

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Thousands Beg President Joe Biden for Mercy as He Pardons a Couple of Turkeys

On Friday, President Joe Biden continued the meaningless tradition of “pardoning” two turkeys prior to Thanksgiving. The two birds, named Peanut Butter and Jelly, were presented before Biden, who said “instead of getting basted, these two turkeys are getting boosted.”
At The New York Times, Katie Rogers notes that there was no talk of Biden’s domestic agenda, though that apparently wasn’t for lack of trying by reporters at the event. Steven Nelson of the New York Post asked the president if he would be pardoning any actual people.

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How Softies Seized the Fed

Who should lead the Federal Reserve? President Biden faced a difficult choice. Should he reappoint Jay Powell, a monetary dove who believes that the current inflation spike is probably temporary but might revise his views in the light of evidence? Or should he nominate Lael Brainard, a monetary dove who believes that the current inflation spike is probably temporary but might revise her views in the light of evidence?
In the end, he went with the monetary dove.
OK, Powell and Brainard aren’t identical.

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Biden Renominates Powell: A Win for Central-Bank Independence

The Fed chief isn’t perfect, but Jerome Powell has consistently demonstrated the most important characteristic for central bankers: independence from elected politicians.

NRPLUS MEMBER ARTICLE J oe Biden nominated Jerome Powell to lead the Federal Reserve for another four-year term today.
Biden was facing pressure from some progressive senators, including Elizabeth Warren, Jeff Merkley, and Sheldon Whitehouse, to nominate someone else. By not giving in, Biden prized the Fed’s independence over pleasing some members of his own party. For that he deserves commendation.

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