Regulators Warn Crypto Could Cause Another Financial Crisis
New government reports warn that the rise of crypto-related economic risks could trigger widespread financial disruption.
Archive
Explore all of The Lever’s reporting that holds the powerful accountable.
Health Insurers Gave $120 Billion To Shareholders While Denying Your Claim
The country’s largest insurers spent $120 billion on stock buybacks since 2010, with nearly half of that spent by UnitedHealth.
Health Insurers’ $371 Billion Windfall
Since the Affordable Care Act’s passage, the top five health insurers’ annual profits have jumped 230 percent, with much of that going to UnitedHealthcare.
Big Oil’s SCOTUS Connection Sees Himself Out
An oil-backed justice bows out, location tracking gets turned off, Elon Musk loses a few bucks, Wisconsin public workers win big, and a controversial anesthesia policy is out cold.
Rahm Emanuel’s Epic Self-Own
Plus, new data on Liz Cheney’s election effect, the connection between real estate and your insurance premium, and a hidden city discovered under the ice.
Trump, Magic, and Misdirection
Magicians rely on misdirection and deception to create an illusion. The science behind their craft may explain how politicians manipulate the public in a post-truth era.
Trump Nominee Pressured IRS To Crush The Humane Society
Billy Long pushed the agency to target the group after it supported an initiative to protect dogs. Long could get new power to target more nonprofits.
Big Insurer Sets Time Limits On Anesthesia Coverage During Surgeries
A surprise medical bill could be waiting for you when you wake up in the recovery room.
Wall Street Is Banking On Trump’s Immigration Crackdown
New research shows just how deeply private equity firms have infiltrated our immigration detention system.
It’s Dark Money-Giving Tuesday
A new study reveals that charitable giving will soon be dominated by Wall Street dark-money funds that enrich the wealthy and never have to give to working charities.