As Congress Takes Up Sweeping Financial Reform, Report Urges Fundamental Change of Ratings Agency Model
Washington, DC — With the House of Representatives and a key Senate committee poised to vote on sweeping financial industry reforms, a new report by Demos finds that the proposed remedies fail to fully address the problems that led the credit rating agencies to become key enablers of the housing bubble and Wall Street meltdown.
K. Sabeel Rahman and Hollie Russon Gilman's new book, Civic Power, calls for a broader approach to democratic reform, offering a critical framework and concrete suggestions to support those reforms that meaningfully redistribute power to citizens.
Washington, DC — Today, thousands of Americans are gathering on the streets of Chicago to march against financial service industry excess that has cost the American taxpayers trillions of dollars, destabilized the economy and undermined the stability of millions of US households.
In response to the public outcry against excesses in the financial services industries, dubbed "The Showdown in Chicago", the following statement was issued from Heather McGhee, director of the Washington DC, Office for the public policy and research center Demos:
It is time for us to recognize the right of sovereignty and self-determination for the over 4 million combined residents of Puerto Rico, Guam, the U.S. Virgin Islands, American Samoa, the Northern Mariana Islands, and Washington, D.C.
Ensuring just and equitable access to and ownership of one our most vital natural resources—energy—is vital to building a vibrant, inclusive democracy.
New York, NY —A growing number of young students are turning to more affordable community colleges for their higher education, but only an alarming two out of five finish a degree within six years of enrollment, according to a new report published today.
The global coronavirus pandemic threatens to disrupt the Presidential
Preference Primary election in Florida. The extension of vote-by-mail options and other accommodations at polling places is necessary.
Arguments Heard Today Suggest Precedents Limiting Corporate Political Influence Under Threat
Washington, DC — Today's argument in Citizens United v. FEC suggests that the Roberts Court is poised to sweep aside century-old restraints on corporate domination of the political marketplace — unless the wisdom of the Court's newest member proves persuasive when the decision is ultimately written.
Florida's failure to extend vote-by-mail deadlines, adjust early voting dates, and expand mail ballot transmission options amounts to a denial of critical voter opportunities in violation of the Fourteenth Amendment.
"We call on policymakers, the media and the public to take affirmative steps to halt and condemn xenophobia and to ensure that the health and safety of all Americans is protected."
"We intend to continue fighting for expanded voting opportunities so that every Floridian can have their voice heard in this election and in November.”