Following the announcement that McDonald’s Corporation plans to raise wages by more than 10 percent for 90,000 employees, Demos Senior Policy Analyst Catherine Ruetschlin issued the following statement:
McDonald’s workers deserve this raise and much more.
(New York, NY) – Earlier this week, President Obama directed the Department of Labor to begin the rulemaking process for a fiduciary rule, a new regulation that would require financial advisors and brokers to act in the best interest of people saving for retirement. In the new explainer Why the Fiduciary Rule Matters, Demos Senior Policy Analyst Robert Hiltonsmith finds that this new regulation could save Americans nearly $25 billion from lower fees and translate into an additional $60 billion in returns.
In response to Walmart's announcement to raise the wage for 500,000 employees, Demos Senior Policy Analyst Catherine Ruetschlin issued the following statement:
(New York, NY) – On the heels of the nation’s most expensive mid-term election cycle, where federal political spending hit a $3.7 billion high, the national public policy organization Demos released a new report that examines the inherent racial bias in our big money political system.
New York, NY — Last night, provisions were added to the House of Representatives' 2015 omnibus spending bill which would repeal crucial features of the Dodd-Frank Act.
In response, Demos Senior Fellow Wallace Turbeville issued the following statement:
(NEW YORK, NY) – Following the nation’s most expensive mid-term election cycle, where political spending hit an unprecedented $3.7 billion high, the national public policy organization Demos has released a new report on the federal election spending of big box retail companies.
(New York, New York) — As the country struggles to find remedies for its growing student debt problem, the national public policy organization Demos has released The Affordable College Compact, a new a proposal for a federal-state matching program to alleviate this burden for students and address many of the contributing factors of rising college costs, most notably state disinvestment.
Demos President Heather McGhee issued the following statement on the Senate's actions this week on the Democracy for All resolution:
“Demos applauds the Senate for debating and voting this week on the Democracy for All resolution, which would clarify that the People have the power to curb the influence of big money on our democracy.
“Demos strongly supports the Democracy for All resolution and calls on all senators to vote to send it to the states for ratification as the Twenty Eighth Amendment.
In a record-breaking demonstration of support, over one million commenters have submitted comments to the U.S. Securities and Exchange Commission (SEC) calling on the agency to take immediate steps to require publicly traded corporations to disclose their use of corporate resources for political purposes to their shareholders.
(New York, New York) – Almost five years after the Supreme Court’s decision in Citizens United v. FEC granted new rights to business corporations to spend unlimited corporate resources to influence elections, the Securities and Exchange Commission (SEC) has yet to act to require disclosure of political spending.
Today, President Obama will sign an Executive Order that will encourage federal agencies to not contract with companies that violate labor laws, and require federal contractors to disclose any record of wage, labor and anti-discrimination law violations.
(New York, NY) – Eight million workers rely on low-wage jobs supported by the federal government’s $1.3 trillion in annual spending on goods and services, a new report by the national public policy organization Demos finds.
With a Congress that will not act to support American workers and their families, it is more important than ever that [the president] take executive action to institute a Good Jobs Policy.
FAYETTEVILLE, Ark.--(Business Wire)--Sending a message to the Walmart heirs who control the company, a growing number of institutional investors, independent shareholders, analysts and advisors are raising concerns – and proposing changes – at Walmart’s annual shareholders meeting Friday.
NEW YORK, NY— A new report by the national public policy organization Demos reveals prevalent business practices in the retail sector such as low pay, erratic scheduling and scarcity of basic benefits are keeping millions of hard-working women and families near poverty.
WASHINGTON, DC – Citing a recent report which found an alarming 1000-to-1 pay disparity between fast food CEOs and their front line workers, Senator Menendez again called on Securities and Exchange Commission Chair Mary Jo White to finalize its rule requiring publicly traded companies to disclose the ratio between the compensation of their CEO and median worker, as directed by Section 953(b) of the Dodd-Frank “Wall Street Reform Act”.
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In response to yesterday’s Supreme Court ruling, which upheld a Michigan state law banning the consideration of race or ethnicity as a factor among state college admissions, Demos President Heather McGhee issued the following statement:
The country should be recommitting to diversity and inclusion, not retreating.