The Volcker Rule is a requirement in the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 that is sometimes referred to as a “mini-Glass-Steagall.”
Fast food companies keep employees at poverty-level wages while reaping billions of dollars in profits. It drives inequality, slows growth, and lowers living standards.
On March 15, 2013, the Senate’s Permanent Subcommittee on Investigations held hearings on the London Whale scandal. The indomitable and indefatigable Chairman Carl Levin, ably supported by the brilliant committee chief of staff, Elise Bean, took on six JP Morgan Chase (“JPMC”) current and former executives for four hours and three regulators for two, with support from other Committee members.
This Explainer explores how the Gross Domestic Product (GDP) is used in measuring our economic growth and whether alternative measures are also needed to provide a more comprehensive outlook of economic progress.
Climate change poses a tremendous threat to Florida. Sea level rise, more intense precipitation, and stronger hurricanes increase the risk of natural disaster and imperil the state’s economy and its citizens’ safety.