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The big stock market slide of the past month has been bad news for the over 50 million Americans with 401(k) plans. Many of these investors have yet to recover from the 2008 crash and have been counting on a market upswing to make up for lost ground.
Blog
David Callahan
I recently posted a piece about legislation pending in Congress that would restrict the extraterritorial jurisdiction of the Commodity Futures Trading Commission over the derivatives market. Chapter two of that story is the struggle of the CFTC Commissioners to provide formal guidance establishing
Blog
Wallace C. Turbeville
Do you know how much you’re paying in 401(k) fees?
In the media
Jonnelle Marte
Andrea Mulhearn Brobst wants a full-time job.
In the media
Eve Tahmincioglu
Gary Gensler, Chairman of the US Commodity Futures Trading CommissionThe massive and lavishly funded opposition to reasonable financial reform still wages a multi-front war to preserve the risk-oriented business model that produced the financial crisis of 2008.
Blog
Wallace C. Turbeville
Tuesday's New York Times editorial on the Chamber of Commerce's clandestine intrusion into American politics didn't go far enough in explaining why hiding the identities of donors to political ads is harmful to our democracy.
Blog
Rakim Brooks
Preparing the terrain for Senator Marco Rubio, his Florida colleague and friend, Representative David Rivera (R-Fla) introduced this week the Studying Towards Residency Status Act or STARS Act. This act is Rep. Rivera’s alternative to the DREAM Act that has stalled in Congress for nearly eleven
Blog
But here's the fact that convinced me older Americans need more help managing their debt than new college grads: The age range of low- and middle-income Americans with the highest credit-card debt today is 65 and older — they owe an average of $9,283. By comparison, 18- to 24-year olds average just
In the media
Richard Eisenberg
The 2009 CARD Act has been celebrated for helping consumers: The law limits interest rate hikes, fees, and other frustrating aspects of the credit card industry. Now, on the three-year anniversary of the bill’s signing, a report from the research and advocacy organization Demos suggests that it has
In the media
Kimberly Palmer
There is a terrible beauty in how America's constitutional system seems designed to stop big changes from ever happening -- or, more specifically, stops the majority of ordinary people from ever getting their hands on real power.
Blog
David Callahan