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How stark racial disparities have long pervaded our financial services system, fueling and entrenching inequality, and why public banks are a transformative, equitable alternative.
CFTC Chairman Gary Gensler has often said that weak rules on regulatory jurisdiction across borders could blow a hole in the bottom of financial reform. He is right. In a recent speech on the subject, he said: “All of these common- sense reforms Congress mandated, however, could be undone if the
This is the third of several papers examining the underlying validity of the assertion that regulation of the financial markets is unduly burdensome. These papers assert that the value of the financial markets is often mis-measured. The efficiency of the market in intermediating flows between
Dramatic new public policy initiatives are needed to accomplish two broad interrelated goals: to ensure that all Americans have a chance to move into the middle class and, second, to ensure greater security for those in the middle class.
Good Afternoon. My name is Amy Traub and I am a senior policy analyst at Demos. We are a public policy organization working for an America where we all have an equal say in our democracy and an equal chance in our economy. I would like to thank the Progressive Caucus for this opportunity to provide
I thank the committee for this opportunity to present testimony on the IDC’s campaign finance reform proposal. This testimony is submitted on behalf of myself and Miles Rapoport, President of Demos and former Secretary of the State of Connecticut.
Connecticut has offered a voluntary public financing system for state-wide constitutional and General Assembly offices since 2008. Through financing from the Citizens' Election Fund, candidates that obtain the required number of small donations can receive a lump sum to fund their campaign. The
As former and present Secretaries of the State of Connecticut, we are very proud of our state for broadening our democracy by adopting a public financing system for our legislative and statewide campaigns. As former legislators, we understand intimately the fundraising aspects of standing for