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.
A Vermont Partnership Bank will generate new revenue for Vermont, save local governments money, and make our small businesses, farms and consumers less vulnerable to cutbacks in lending in our state.
We can’t afford to let Wall Street keep taking us for a ride: Americans need a strong Consumer Financial Protection Bureau to bring fairness and accountability to the financial sector.
On Tuesday, December 13th, the Congressional Progressive Caucus unveiled the RESTORE the American Dream for the 99% Act. The bill, if passed, would create more than 5 million jobs and save more than $2 trillion. This is a comprehensive plan to put America back to work by reversing the failed policies of the past, which the “Super Committee” could not achieve.
NEW YORK- While they believe that higher education is more important today than it was for their parents’ generation, most U.S. adults age 18 to 34 also view college as harder to afford than just five years ago.
At a telephone news conference this Wednesday, three national policy organizations will release the results of a new nationwide, bi-partisan survey of young adults ages 18-34 about higher education’s importance and affordability, student debt, and Congressional proposals to cut Pell Grants or charge interest on federal student loans while borrowers are still in school.
A commission appointed by the Massachusetts legislature is considering the creating a state Partnership Bank to boost the local economy by increasing community development lending.
Olympia, WA— The national June jobs report showed 200,000 more people joined the unemployment lines. In Washington, unemployment is also rising--as jobs shift rapidly from manufacturing to the service sector--and state tuition/student debt is growing fast. Because of these developments, the state’s low- and middle-income families are particularly threatened.
Why a Massachusetts Partnership Bank will generate new revenue for Massachusetts, save local governments money, and make our small businesses, farms and consumers less vulnerable to cutbacks in lending in our state.
New York, NY – 'Shadow Market' investment products have come under scrutiny following the banking meltdown, but they continue to be aggressively marketed to clients who can least afford the potentially catastrophic losses. Millions of American seniors could see their golden years turn bleak if the poorly regulated derivatives underpinning their investment plans implode, according to "How Safe Are Your Savings? How Complex Derivative Products Imperil Seniors' Retirement Security."
A Washington Investment Trust will generate new revenue for Washington, save local governments money, and make our businesses less dependent on the Wall Street banks that have cut back on lending to small businesses and consumers in our state.