Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the government has extensive control of the system.
Tag: Politics and Government
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What Happens Next to Feinstein’s Seat?
Under California state law, the governor has the authority to name a successor.
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How Palantir Became a Front-Runner for the UK’s Multimillion-Dollar NHS Contract
Palantir, the analytics company chaired by Peter Thiel, has courted N.H.S. England with pandemic help and assertive lobbying. Its big reward may be yet to come.
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We Need to Talk About Joe Biden
Biden signaled he would be a ‘transition’ president. How’s that going?
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Vulnerable New Yorkers Suffer as Some Services Decline Under Mayor Adams
Some critical services in New York City are growing less reliable under Mayor Eric Adams, from long waits for food stamps to fewer sexual health clinics.