Media

WASHINGTON, D.C. – The Corporate Reform Coalition calls on newly confirmed SEC Chair Mary Jo White to act now to require disclosure of corporate political spending.  A record-breaking 500,000 investors and members of the public have submitted comments supporting the rule, demonstrating the importance of this issue.  Chair White should seize this pivotal opportunity to safeguard shareholders by providing them with information necessary for their investing decisions.

The Department of Labor (DOL) just lifted a national order that disallowed new enrollments in the Job Corps that had been in place since January.

A new report from the National Consumer Law Center (NCLC) is advocating a 36 percent interest cap rate that would alleviate the personal debt crisis in the United States.

Three developments in finance cropped up in the last days that must be read as a single story.

One of the main arguments used to justify fracking is that due to the increased supply of natural gas, the price of natural gas is falling and electricity generation is shifting towards using natural gas and away from using coal. Fracking proponents also point to a decline in overall greenhouse gas emissions as a result of natural gas use. But, if natural gas really is so cheap and we are producing more of it, why aren’t electricity prices decreasing?

Like many New Yorkers, Hazel B. of Queens struggled to get by after she was laid off from her job as an accounts receivable administrator. A single mother of two, Hazel relied on credit cards to make ends meet while she looked for work.

Finally, she found a job opening that looked promising. She went on two interviews and took a test given by the potential employer. She believed she had performed well, but then word came back that Hazel would not be hired because of negative information in her credit report.

President Obama’s nomination of Ernest Moniz for secretary of energy is a serious blow to environmentalists. Appearing before the Committee on Energy and Natural Resources yesterday, Moniz strongly supported an “all-of-the-above” strategy and emphasized that lowering the cost of energy should be the United States’ top priority.

A new report looks at the voting patterns in the last election of the fastest growing racial groups in the U.S.—Asian American and Pacific Islanders (AAPI). A collaborative effort between Asian American Justice Center, Asian and Pacific Islander American Vote, and National Asian American Survey, the report presents results from the 2012 Asian American and Pacific Islander Post-Election Survey, the largest nationally representative survey of Asian American and Pacific Islander voters in 2012.

NEW YORK, NY – In advance of the release of this month’s job figures, national public policy center Demos today issued a new report analyzing the lasting economic effects of youth unemployment.