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Research has shown that someone with a poor credit history is not automatically a poor job prospect. Nevertheless, millions of Americans who have emerged from the recession with medical debts or a record of late payments are at risk of being denied jobs by companies that use credit histories to

The Senate voted Friday to get rid of subsidies that “too big to fail” banks receive from what is, essentially, an unofficial insurance policy from the government. The unanimous vote, 99-0, is unfortunately nonbinding. It was an addendum to the Democrats’ 2014 budget proposal, which is not expected

Senator Musto, Representative Jutila, Senator McLachlan, Representative Hwang, Members of the Committee.  Thank you for having me here today.  It gives me great pleasure to come before the Committee on which I served for all ten years of my legislative service and with which I worked so closely in

The average retail sales job pays only $10.09 an hour, and some retail outlets—notably Walmart, the largest private employer in the world—pay as little as $8.00 per hour. But a handful of large retail companies have made generous compensation a key part of their business models, and it seems to be

The liberal Connecticut Working Families Party and the conservative Independent Party of Connecticut probably don’t share a lot of ideological common ground. But they agree on one issue: ending the practice of cross-endorsements would be a bad idea. The two parties were part of a loose coalition of

One of the biggest problems with financial reform is having to discuss issues that most people find painfully boring. For instance, “derivatives.”

As everyone knows, the "fiscal cliff" deal raised taxes on households making over $400,000, restoring the Clinton-era top income tax rate to 39.5 percent. One fact that gets less attention, though, is that progressivity in the tax code ends right there: There is no difference in the tax rate paid by

In the debate over our energy future, I keep coming back to the question of whether or not fracking can be done safely.

In taking on the cost of college, President Obama is going up against one the best organized special interests in Washington: Higher education.

Fittingly, perhaps, Cuomo’s single biggest misstep in office can be tied to the power of moneyed interests. After fighting long and hard, the governor was forced to abandon a scheme to build a $4 billion convention center in Queens, as part of a joint venture with the Genting Group, a Malaysian