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.
Judge Burroughs and the U.S. District Court of Massachusetts rule in favor of race-conscious college admissions practices that benefit all students, including Asian Americans the majority of whom support race-conscious admissions.
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.
The U.S. District Court for the Southern District of Ohio issued a summary judgment ordering Ohio to discontinue its practice of disenfranchising eligible voters arrested and held in pre-trial detention in the final days preceding an election.
Some presidential candidates' critiques promote unhelpful assumptions about who tuition-free and debt-free college would actually serve. (Spoiler: it's not millionaires and billionaires.)
We oppose these rule changes as they will have far-reaching and painful impacts on the communities of color we serve and represent and we call on the Administration to reconsider its position on the rule changes and demand Congress take immediate action.
The crisis of American democracy is a deeper, more chronic one arising from systemic racial and gender exclusion, entrenched economic inequality, and technological and ecological transformations that undermine dreams of collective action and inclusive shared self-governance.