Yesterday, the U.S. House of Representatives voted on a package of rules that include a “pay-as-you-go” or “PAYGO” provision, which mandates that new spending be offset by matching cuts or increases in revenue. Demos supports efforts to eliminate PAYGO requirements in federal law.
Raising the debt ceiling cannot come at the expense of workers, especially those workers who are finally getting a foothold in the labor market; some for the first time ever
Dēmos strongly supports updating federal regulations to restore and extend overtime protections. However, we urge the Department to finalize a stronger rule than the one proposed.
"By undermining the power of federal agencies, the Court has supercharged a new battlefield for anti-regulation interests to attack our labor, consumer, and civil rights regulations."
Today's ruling is a powerful affirmation: the CFPB stands as a fortress against financial predators, especially crucial for communities of color battered by decades of discriminatory banking practices.