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The Merkley-Levin proposal would target major Wall Street banks, such as Goldman Sachs and Morgan Stanley, which became bank holding companies in 2008 at the height of the financial crisis. Industry lobbyists and congressional aides have suggested, however, that Goldman Sachs and Morgan Stanley

Demos Report Called for Clearinghouse to End Incentives for Inflated Ratings

Young adults have an enormous stake in the financial regulatory reform debate. They have paid a high price for a banking crisis caused by lax regulation, and their economic futures will depend on rebuilding strong public structures for financial regulation going forward. This briefing paper

New Brief Shows Young Americans Need Wall Street Reform Washington — Young Americans face "lasting damage" from the dual crises in the financial sector and in personal finance, making it urgent that Congress pass strong financial reform legislation.

The major credit rating agencies, Moody’s, Standard & Poors, and Fitch, bear a heavy burden of responsibility for the financial meltdown. It was their seal of approval that enabled Wall Street to develop a multi-trillion-dollar market for bonds resting on a foundation of tricky loans and bubbly

Over nine out of 10 senior households of color do not have sufficient economic security to sustain themselves through their projected lives.

Building on Living Longer on Less, the first report in a series examining the financial vulnerability of the elderly, this report examines the economic security of African-American and Latino senior households.  

Public Works began this far-reaching effort with groundbreaking analysis and thorough, multifaceted research that examined Americans' attitudes toward the public sector. This research, which was originally conducted in 2004–2005 by the FrameWorks Institute and re–tested in 2008–2009 by the Topos

Washington — Senator Al Franken (D-MN) has introduced a financial-reform amendment that finally addresses the root problem of the credit rating agencies—their built-in conflict of interest. The "Restore Integrity to Credit Ratings" amendment, co-sponsored by Senators Charles Schumer (D-NY) and Bill

Today's young adults are coming of age in a tough economy, on the heels of 30 years of declining economic opportunity and security for all but the most affluent and most highly educated. These changes are quite evident in Ohio, where the once-mighty manufacturing sector that provided better-than