Without the Consumer Financial Protection Bureau, lenders preying on communities of color would continue to pull in windfall gains, while widening the racial wealth gap and undermining the precarious financial stability of vulnerable households.
The California legislature is pushing its own ambitious legislation, and is one of several Western states teaming up with Canadian provinces to collaborate on climate solutions. Many now see New York, and the CCPA in particular, as presenting the next opportunity for promising state-level action.
Donald Trump and his billionaire Cabinet are proposing even bigger tax cuts for the wealthy when what we need is a fairer system that allows our nation to meet the needs of its people.
Twenty-seven progressive groups said in a Thursday news release provided to McClatchy that they would join a planned Tax Day protest of President Donald Trump, as liberal activists prepare for what might be the biggest demonstration against the White House occupant since the Women’s March on Washington in January.
More than 90 percent of voters (including 91 percent of Trump voters) say that it is important for Trump to nominate a Supreme Court justice open to limiting big money in politics.
With the court split 4-4 on this and other issues, the stakes couldn’t be higher. Mr. Gorsuch’s record suggests he’s not the person to shift the tide toward building a democracy in which the size of our wallets doesn’t determine the strength of our voices. Senators must press for clear answers.
As he's packed his proposed Cabinet with wealthy white men, President-elect Donald Trump has been criticized for assembling an administration that doesn't look like America, much less the "forgotten men and women" on whose behalf he claimed to have campaigned.
D.C. Council member Kenyan R. McDuffie said he will introduce emergency legislation to bar contributions to political action committees during non-election years in an effort to close what some view as a major campaign finance loophole before the start of 2017.
“It’s important that we address the issue as soon as possible, before Jan. 1,” McDuffie (D-Ward 5) said. “There’s a lot of support for it from what we’ve seen from the public in general.”[...]
Imagine a rich person. For most Americans, the image that comes to mind is a wealthy white man. While white men certainly make up a disproportionate share of the wealthy, there is growing diversity among the wealthiest members of society. Given the increasing political salience of racial justice and gender equity, this diversity could have impacts on policy. I find that there are indeed large differences between rich men and rich women (defining that group as those earning more than $150,000 a year), as well as between rich white people and rich people of color.
Campaign finance reform crusaders on Wednesday lauded a D.C. Council measure that would forbid political action committees from raising unlimited funds in nonelection years and ban businesses from donating to candidates who could influence their contracts with the city.
The “Campaign Finance Transparency and Accountability Amendment Act of 2016” is part of a bevy of bills aimed at increasing the political distance between candidates and businesses in the District.[...]
Our city governments make decisions that affect us most, yet we know very little about the ways that money influences them. In a previous post I explored new evidence that people of color are not well represented by their councils. One possible reason is the overwhelmingly white municipal donor classes.
A Miami-Dade lobbyist [Eric Zichella] on Monday joined the court fight against a ballot item that would sharply limit campaign donations as advocates release a study claiming smaller donors to local races better reflect the county’s diversity.[...]
When environmentalists speak of climate change, they often talk of “future generations.” But generations already here are poised to suffer long-term consequences. Climate change will affect millennials drastically—including in their wallets.
There's no one reason for the routine neglect of African-American areas, but a study released today by the civil rights advocacy group Demos pinpoints a huge government-access problem in South Florida: Black people, the study says, can't keep up with the deluge of campaign money coming from Miami's cadre of rich lawyers, lobbyists, investors, and real-estate tycoons.
Black people make up one-fifth of Miami-Dade County's population. It doesn't exactly take a Nobel Laureate to see the county hasn't always treated its majority-black neighborhoods with a ton of respect. (See: Beckham, David.)
Black political power is declining in cities across the country, including Oakland, St. Louis, Cleveland and Atlanta — even as African-Americans are gaining majority status in an increasing number of suburbs.
At the same time, African-American emigration to the South has started to weaken Republican control of some deep red states.
D.C. politicians are funded by donors who are whiter and wealthier than the constituents they serve, an analysis by the liberal think tank Demos found.[...]
While it comes as no surprise that wealthy people are more inclined to spend on political races, the Demos analysis is the first comprehensive look at the demographics of District campaign contributors in recent years. Analysts matched campaign donors to a voter database used by Democrats that includes race, gender and income.[...]