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Today the U.S. House of Representatives voted to gut financial reform.

Employers’ growing interest in helping workers pay back their student loans “reflects that many, if not most, workers entering the workforce have to contend with their student loans,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. [...]

It’s easy to lose sight of what’s at the heart of this investigation.

New York, NY - With the House of Representatives poised to vote on H.R. 10, the Financial CHOICE Act, Amy Traub, Associate Director, Policy and Research at Demos, issued the following statement:

New York, NY - Following today’s testimony by Former FBI Director James Comey on his interactions with President Trump, Heather McGhee, President of the New York-based public policy think tank Demos, issued the following statement:

For the past few weeks, keeping up with the latest developments in the head-spinning Trump-Russia scandal has been a full-time job.

We are not paying close enough attention to this poisonous phenomenon, which is upending longstanding norms and changing the very nature of our society.

The more Americans that are working, the healthier our economy. Policymakers and the Board of Governors of the Federal Reserve are supposed to strive to achieve maximum employment. The governors of the Federal Reserve, however, have begun to raise interest rates to put the brakes on the U.S. economy despite evidence that we are not yet at peak employment. The governors expect that inflation will increase when we reach peak employment, but inflation continues to be low. By their own standard, we are not there yet.

What happened in 2016? In a recent Monkey Cage piece, I discussed the research Demos is performing with political scientists Bernard Fraga, Brian Schaffner and Jesse Rhodes on how depressed turnout contributed to Trump’s electoral college victory. However, the piece doesn’t discuss what caused that decline in turnout and what it means for the future of the Democratic Party.