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For Immediate Release
September, 16 2009, 11:15am EDT
Contact:
Sam Husseini, (202) 347-0020; or David Zupan, (541) 484-9167
Real Bank Regulation
WASHINGTON
NOMI PRINS, via Celeste Balducci
Prins, a former investment banker turned journalist, is author of the just-released It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street.
Her latest article is titled "Obama Banking Too Much on Banks," which states: "Under both the Bush and Obama administrations, the government, from the Federal Reserve to the Treasury Department, has flushed the banking systems and other components of the financial markets with $17.5 trillion worth of loans, guarantees, and other forms of support. ...
"Simply funding the banking system without reforming it is an expensive and dangerous game. Obama is capable of truly fixing things -- by dividing up the Wall Street mega-banks with a new Glass Steagall Act, thereby enabling the success of more extensive regulatory reforms. Or, he could introduce a set of cosmetic changes that allow banks to keep doing what they did before last year's crisis and that put us on the path for the next one."
More Information
A nationwide consortium, the Institute for Public Accuracy (IPA) represents an unprecedented effort to bring other voices to the mass-media table often dominated by a few major think tanks. IPA works to broaden public discourse in mainstream media, while building communication with alternative media outlets and grassroots activists.
LATEST NEWS
'Everything Is for Sale': Trump Exploits 250th Anniversary of US Independence for Yet Another Grift
"Donald Trump and his henchmen have sabotaged what should be a unifying moment and appear intent on instead creating a highly divisive, corporate-funded, ideologically extremist exercise."
Feb 09, 2026
Allies of the Trump administration, in partnership with the White House, are reportedly using the upcoming 250th anniversary of the adoption of the Declaration of Independence as another opportunity to solicit deep-pocketed donors, enticing them with promises of access to the president and other rewards.
The New York Times reported Sunday that donors who give at least $1 million to Freedom 250—a group announced by President Donald Trump in December—have been promised a path to "gain access to, and seek favor with, a president who has maintained a keen interest in fundraising, and a willingness to use the levers of government power to reward financial supporters," including through his crypto scam and ballroom project.
Trump has described Freedom 250 as a "public-private partnership" dedicated to organizing "a celebration of America like no other" later this year. Listed as official corporate sponsors of the initiative are prominent corporate names, including ExxonMobil, Mastercard, and Palantir.
The Times obtained a donor solicitation document circulated by Meredith O’Rourke, Trump's top fundraiser. Donors who give at least $1 million to Freedom 250 "will receive prominent logo placement at Freedom 250 events," which are expected to include UFC fights and an IndyCar race.
Freedom 250 appears to have been created to dodge oversight that applies to America250, a bipartisan congressional commission formed to plan official celebrations of the nation's semiquincentennial.
"American history is being subordinated to Trump’s cult of personality," Dan Friedman and Amanda Moore wrote in Mother Jones last week. "The president’s face is suddenly everywhere—next to George Washington on America250-themed National Parks passes; alongside Abraham Lincoln and Teddy Roosevelt on giant banners hanging from federal buildings; on a $1 coin under consideration by the US Treasury."
"Faced with sporadic pushback from a congressional commission overseeing America250 and from career officials at various agencies, Trump is now seeking to evade even these modest constraints," they added, pointing to the launch of Freedom 250.
Park Service employees are being bombarded with guidance telling them to promote Freedom 250, the Trump-run org, in place of America250, the statutorily-bipartisan congressional commission. They were even urged to add the Freedom 250 logo to email signatures. www.documentcloud.org/documents/26...
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— Dan Friedman (@dfriedman.bsky.social) Feb 8, 2026 at 2:35 PM
Public Citizen demanded a congressional probe of Freedom 250's activities, which the watchdog organization's co-presidents described as a "potential diversion of taxpayer funds for highly partisan purposes." According to the Times, roughly $10 million in taxpayer funds has "already been redirected to Freedom 250 from America250 for a fleet of six mobile museums called 'Freedom Trucks' that rolled out last month."
" Donald Trump and his henchmen have sabotaged what should be a unifying moment and appear intent on instead creating a highly divisive, corporate-funded, ideologically extremist exercise," said Public Citizen's Lisa Gilbert. "Once again, nothing is sacred in the Trump administration, not even the 250th anniversary of the Declaration of Independence. Everything is for sale to corporate and potentially foreign interests."
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'Operation Dildo Blitz' Anti-ICE Protest in Minneapolis Ends With 50+ Arrests
One demonstrator said they attended the phallic protest, at which people pelted federal agents' vehicles with sex toys, "because ICE likes to bend over for Daddy Trump."
Feb 08, 2026
Demonstrators hurled insults and sex toys at federal agents outside a Minneapolis government building on Saturday to protest the Trump administration's deadly Immigration and Customs Enforcement crackdown on undocumented immigrants and their supporters, with state and local police arresting more than 50 people.
Dubbed "Operation Dildo Blitz," the protest outside the Bishop Henry Whipple Federal Building saw demonstrators place sex toys in a chain link fence while others handed out rubber phalluses to protesters who threw them at passing federal and local law enforcement vehicles.
Demonstrators shouted "Eat a dick!" and "Fuck ICE!" as they pelted the vehicles with dildos. A local sheriff's deputy was reportedly struck upside the head.
Activist Russell Ellis, who posted video of the demonstration on Instagram, said the protesters "showed real balls."
"Dildos coming your way! Dildos! Dildos!" Ellis barked as the toys rained down on vehicles, landing with rubbery thwunks. "It's raining dicks!"
Anti-ICE activist William Kelly—who was arrested last month after taking part in a protest inside a St. Paul church—said at Saturday's demonstration: "The community here at Whipple today is, you know, doing the right thing and handing out the dicks. People are able to do whatever they want with the dicks, it's their choice."
One protester told VisuNews that they were attending the demonstration "because ICE likes to bend over for Daddy Trump."
Minneapolis Dispatch: Jake Lang's U-Haul and Operation Dildo Blitz by Zach D Roberts
Minnesota law enforcement can't handle it, so they arrest dozens.
Read on SubstackAsked what inspired her to show up with a literal "bag of dicks," another protester said she was motivated by last month's fatal shooting of legal observer Renee Good by ICE agent Jonathan Ross in Minneapolis. The protest marked one month since Good's killing.
"The number one thing that you need to do right now is build community," the woman said. "You need to talk to your neighbors. You need to start organizing. The local police are not going to help you. They are not your friend... so we rely upon each other."
Later in the afternoon, police declared the protest an unlawful assembly before rushing in to arrest 54 demonstrators.
Far-right influencer and pardoned January 6, 2021 insurrectionist Jake Lang—who was arrested the previous day and charged with vandalizing an anti-ICE sculpture—crashed Saturday's demonstration. Limitless Media reported that Lang and others arrived in a U-Haul truck carrying a wooden cross and firing pepper balls and chemical agents at anti-ICE protesters before leaving the scene.
Hundreds of people also showed up for an Indigenous-led Saturday gathering in Powderhorn Park in Minneapolis to remember Good and Alex Pretti, who was also shot dead by federal immigration enforcers last month in the Minnesota city.
Rest in peace Renee Good. Thank you for supporting our immigrant neighbors. You’ll always be our hero. 🕊️ 💜
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— Jason Chavez (@jchavezmpls.bsky.social) February 7, 2026 at 11:56 AM
“This is a generational burden that we carry, and we're seeing that burden again today,” said Gaby Strong, vice president of the NDN Collective, who called Good “the example of what it means to be a good relative, to be a good neighbor, to stand up for people beside you.”
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'There Was Never a Wall': Man Beaten Nearly to Death by ICE Refutes Self-Harm Claim
“They were very racist people,” Alberto Castañeda Mondragón said of his ICE attackers. “No one insulted them... It was their character, their racism toward us, for being immigrants.”
Feb 08, 2026
A Mexican man beaten within an inch of his life last month by US Immigration and Customs Enforcement agents is on the mend and on Saturday spoke out to refute what one nurse called the agency's "laughable" claim that his injuries—which include a skull shattered in eight places and five brain hemorrhages—were self-inflicted.
Alberto Castañeda Mondragón told the Associated Press that ICE agents pulled him from a friend's car outside a shopping center in St. Paul, Minnesota—where the Trump administration's ongoing Operation Metro Surge has left two people dead and thousands arrested—on January 8.
The 31-year-old father was thrown to the ground, handcuffed, and then savagely assaulted with fists and a steel baton.
"They started beating me right away when they arrested me,” he said.
Castañeda Mondragón was then dragged into an SUV and taken to a holding facility at Ft. Snelling in suburban Minneapolis where he says he was beaten again. He said he pleaded with his attackers to stop, but they just "laughed at me and hit me again."
“They were very racist people,” he said. “No one insulted them, neither me nor the other person they detained me with. It was their character, their racism toward us, for being immigrants.”
Castañeda Mondragón was taken to the emergency room at Hennepin County Medical Center (HCMC) suffering from eight skull fractures, five life-threatening brain hemorrhages, and multiple broken facial bones.
ICE agents told HCMC nurses that Castañeda Mondragón “purposefully ran headfirst into a brick wall," a claim his caretakers immediately doubted. A CT scan revealed fractures to the front, back, and both sides of his skull—injuries inconsistent with running into a wall.
“It was laughable, if there was something to laugh about,” one of the nurses told the AP last month on the condition of anonymity. “There was no way this person ran headfirst into a wall.”
"There was never a wall," Castañeda Mondragón insisted.
Castañeda Mondragón was hospitalized for nearly three weeks. During the first week, he was minimally responsive, disoriented, and heavily sedated. His memory was damaged by the beating—he said he could not initially remember that he had a daughter—and he could not bathe himself after he was discharged from the hospital.
In addition to facing a long road to recovery, Castañeda Mondragón, who has been employed as a driver and a roofer, has been relying upon support from co-workers and his community for food, housing, and healthcare, as he is unable to work and has no health insurance. A GoFundMe page has been launched to solicit donations "for covering medical care and living expenses until he can begin working again."
"I don't know why ICE did this to me," Castañeda Mondragón said in translated remarks on the page. "They did not detain me after the hospital, I am not a criminal, and the doctors say they were untruthful about how the injuries occurred. But I prefer not to fight, I only want to recover, pay my bills, and go back to work."
On January 23, US District Judge Donovan W. Frank ruled that ICE was unlawfully detaining Castañeda Mondragón and ordered his immediate release.
Frank's ruling noted that "ICE agents have largely refused to provide information about the cause of [Castañeda Mondragón's] condition to hospital staff and counsel for [him], stating only that 'he got his shit rocked' and that he ran headfirst into a brick wall."
The ruling also stated that "despite requests by hospital staff, ICE agents have refused to leave the hospital, asserting that [Castañeda Mondragón] is under ICE custody."
"Two agents have been present at the hospital at all times since January 8, 2026," the document continues. "ICE agents used handcuffs to shackle [Castañeda Mondragón's] legs, despite requests from HCMC staff that he not be so restrained. Petitioner is now confined by hospital-issued four-point restraints in an apparent compromise between the providers and agents."
"Prior to this case, ICE had not provided any explanation for [Castañeda Mondragón's] arrest or continued detention," Frank added.
Castañeda Mondragón legally entered the United States in 2022 but reportedly overstayed his visa.
Castañeda Mondragón’s arrest came a day after ICE agent Jonathan Ross shot and killed 37-year-old legal observer Renee Good in Minneapolis. Seventeen days later, Customs and Border Protection officers fatally shot nurse Alex Pretti, who was also 37, in South Minneapolis after disarming him of a legally carried handgun.
The Department of Homeland Security has not announced any investigation into the attack on Castañeda Mondragón, sparking criticism from civil rights advocates and some Democratic elected officials.
Castañeda Mondragón told the AP that he considers himself lucky.
“It’s immense luck to have survived, to be able to be in this country again, to be able to heal, and to try to move forward,” he said. “For me, it’s the best luck in the world.”
But he suffers nightmares that ICE is coming for him.
“You’re left with the nightmare of going to work and being stopped,” Castañeda Mondragón said, “or that you’re buying your food somewhere, your lunch, and they show up and stop you again. They hit you.”
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