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The Credit CARD Act is helping households pay down balances faster, with a third of low- and middle-income households that carry credit card debt reporting that new disclosures have caused them to pay down their balances faster.
Blog
Amy Traub
David Brooks offers up a spirited defense of private equity today in the Times, and many of his points make perfect sense: In fact, many private equity firms don't set out to laden the firms they buy with debt and cash out before the company goes bankrupt.
Blog
David Callahan

Signed into law on May 22, 2009, the Credit CARD Act has benefited millions of households in ways that directly affect their monthly budgets.

Policy Briefs
Amy Traub
In the latest unfortunate news at the intersection of motherhood and politics, stay-at-home moms are doing worse emotionally than their working counterparts.
In the media
Sharon Lerner
Cory Booker didn't distinguish himself as a particularly adept politician when, yesterday on Meet the Press, he undercut the Obama campaign's message by criticizing its attacks on Bain Capital. Booker is a surrogate for the campaign after all, and if there's one thing that's expected of surrogates
Blog
David Callahan
Big paydays for founders like Mark Zuckerberg have less and less to do with the creation of middle-class jobs for everyone else.
Blog
David Callahan
Staring back at me from the front page of Sunday’s New York Times was a headline that promised an answer to a puzzle that had endured for more than a month, and which I have explored here and here. The blame for the multi-billion dollar JP Morgan credit default swap fiasco had been discovered.
Blog
Wallace C. Turbeville
It's no secret that Facebook's IPO will feed one of the most troubling trends in America today: the extreme concentration of wealth in the hands of a tiny elite.
Blog
David Callahan
Washington, D.C. -- The United States Supreme Court should not summarily reverse the decision of the Montana Supreme Court upholding a state law restricting corporate spending in Montana elections, argue former acting Solicitor General Walter Dellinger and Professor James Sample of Hofstra Law
Press release/statement
Leaders in the House of Representatives introduced The Voter Empowerment Act of 2012 to protect and promote our freedom to vote. This bill seeks to provide more access to the ballot, more efficiency in our election systems, and more accountability in our elections.
Blog
Liz Kennedy