NEW YORK -- In response to the final, approved version of the Volcker Rule, Demos Senior Fellow Wallace Turbeville, aformer investment banker and the author of Demos' recent Volcker Rule explainer and The Detroit Bankruptcy report, released the following statement:
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.”
Modest Pension Benefits Play Little Role in Financial Crisis
DETROIT — In their push for bankruptcy, Emergency Manager Kevyn Orr and other public figures are incorrectly looking at Detroit’s long-term debt—figures generated using aggressive and in some cases inaccurate assumptions—to the detriment of solving the City’s immediate cash-flow crisis and its long-term structural challenges, according to a report released Wednesday by Demos.
A new report details how the failure to finalize rules harms the American people by compromising the safety of food, automobiles, workplaces and protections for investors.
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.
Demos released a new report showing how the rise of high frequency trading (HFT) comes at a massive cost to the real economy, despite Wall Street’s claims to the contrary.
The Coalition for Sensible Safeguards has produced a report detailing five areas in which protections significantly help make the December and New Year festivities a safer and more joyful experience.
SANTA FE— A new report released today reveals how New Mexico’s economy is at risk for serious damage as the climate change crisis grows graver. New Mexico, the report explains, is particularly vulnerable to water shortages and increased forest fires due to the impacts from climate change.
A median-income, two-earner household will pay nearly $155,000 over the course of their lifetime in 401(k) fees, according to a new analysis by national public policy center Demos.
New York – In advance of Earth Day, a new research brief from non-partisan public policy organization Demos sounds a wake up call for policymakers and voters: “The Economic and Environmental Impacts of Climate Change in Florida” lays out how Floridians’ health, economy, and environment are already suffering the effects of climate change and how continued inaction on climate change promises dire consequences in the coming decades.
New York – In advance of Earth Day, a new research brief from non-partisan public policy organization Demos sounds a wake up call for policymakers and voters: “The Economic and Environmental Impacts of Climate Change in Arizona” lays out how Arizonans’ health, economy, and environment are already suffering the effects of climate change and how continued inaction on climate change promises dire consequences in the coming decades.
New York – In advance of Earth Day, a new research brief from non-partisan public policy organization Demos sounds a wake up call for policymakers and voters: “The Economic and Environmental Impacts of Climate Change in Nevada” lays out how Nevadans’ health, economy, and environment are already suffering the effects of climate change and how prolonged inaction on climate change promises dire consequences in the coming decades.
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.