Emily Flitter
Emily Flitter is a New York Times reporter focusing on the impact of finance on society. She joined The Times in 2017 as a banking reporter and has previously worked for Reuters News and American Banker. Flitter holds a master's degree in Near Eastern studies and journalism from New York University, and her book, 'The White Wall: How Big Finance Bankrupts Black America,' was published by Simon & Schuster in 2022. She is committed to upholding the standards of integrity outlined in The Times' Ethical Journalism Handbook and strives to ensure balanced representation in her stories.
76%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
88%
Examples:
- The author appears to have a slight lean towards the subject matter being reported on, particularly in cases where banks are portrayed as having too much influence or power.
Conflicts of Interest
75%
Examples:
- The author's book, 'The White Wall: How Big Finance Bankrupts Black America,' may create a perception of conflict of interest when reporting on topics related to finance and its impact on society.
Contradictions
86%
Examples:
- In one article, the author mentions that Christy Goldsmith Romero believes banks should be allowed to custody crypto assets, while in another article the author states an unlikely coalition of banks, community groups and racial justice advocates are opposing a plan. However, these groups have different interests and agendas.
Deceptions
65%
Examples:
- In one instance, the author misleadingly states that an unlikely coalition of banks, community groups and racial justice advocates are opposing a plan when these groups have different interests and agendas.
Recent Articles
FDIC Nominee Christy Goldsmith Romero's Confirmation Hearing: Overhauling the FDIC and Addressing Misconduct Allegations
Broke On: Thursday, 11 July 2024FDIC Nominee Christy Goldsmith Romero's confirmation hearing on July 11, 2024, saw her pledge to address cultural issues and overhaul the FDIC in the face of misconduct allegations. With experience investigating fraud and praise from both parties, she expressed inclination to reconsider bank capital hikes. The hearing marked a significant step towards confirming Romero as the new regulator for smaller banks and depositor protection. FDIC Chair Martin Gruenberg Faces Calls for Resignation Amid Sexual Harassment and Discrimination Allegations
Broke On: Wednesday, 15 May 2024An investigation by law firm Cleary Gottlieb revealed a toxic work environment at the Federal Deposit Insurance Corporation (FDIC) under Chair Martin Gruenberg, where widespread sexual harassment and discrimination went unchecked. This culture led to lapses during bank failures last spring and calls for Gruenberg's resignation due to his role in creating a bullying environment. Despite this, he continues to lead the agency amidst opposition from Congress and potential implementation delays for a proposed rule tightening oversight of large lenders. Fed Proposes Increased Capital Requirements for Banks, Faces Opposition from Various Groups and Individuals
Broke On: Friday, 19 January 2024The Federal Reserve is proposing to increase capital requirements for banks, including both large and small financial institutions. This plan aims to raise the amount of cash-like assets that banks have to hold in order to tide them over during an emergency, potentially preventing a taxpayer-funded bailout like the one seen in 2008. However, this proposal is facing opposition from various groups and individuals who argue it will harm economic growth by making banks less competitive and restricting lending. The Fed has yet to finalize its proposal but may make significant changes based on feedback received during the public comment period.