Experian Boost comes with downsides for consumers, according to Amy Traub, associate director of research at the public policy group, Demos. She said lenders will be able to use the data they glean from consumer bank accounts in ways the public may not understand.
"It also allows them to make marketing decisions: who to promote which products to, how to get us hooked on the products that are most profitable and lucrative for the lender, " said Traub.
We are concerned that given Ms. DeVos’ track record to privatize public education and her lack of a clear position concerning the affordability crisis in higher education, the committee cannot properly assess whether Ms. DeVos is fit to run the U.S. Department of Education.
The Volcker Rule is a requirement in the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 that is sometimes referred to as a “mini-Glass-Steagall.”
Both economic and racial justice are core progressive priorities, but too often we discuss them separately. On the contrary, racial and economic harms are intertwined, as are our desired solutions to them. Wealthy elites exploit racial fears to turn working people against each other and government; economic pain increases racial resentment and facilitates scapegoating, fueling support for punitive measures against people of color.
Social Security remains our nation’s key source of retirement income for most Americans. The program’s overall health is sound and with relatively modest tweaks to the program’s financing, we can strengthen the system for generations to come.
Demos and Young Invincibles partnered to complete the State of Young America report, the first comprehensive look at the economic challenges facing young adults since the Great Recession.
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.
[A]ccording to our in-depth analysis of data from Demos and NCES, black and Hispanic students are paying more when it comes to student loans than white students. [...]
Instead of policies and agency practices that divide us by doubling down on the grave inequality created by historic and current discrimination, we should advance policies that repair these rifts and bring us together.
Despite major gains with the passage of the Affordable Care Act, the United States remains a global outlier when it comes to delivering affordable health care for its people.
The Black Census Project is intended to “give us a better sense of who black people are, where we are, and what we hope and dream for,” says Alicia Garza who also helped start the Black Lives Matter movement.
In the midst of a Twitter feed alight with stories about police being used to shut black people out of places to eat, drink, exercise, and relax, comes a story about Trump’s Department of Housing and Urban Development (HUD) using policy to do the same. The federal government is adding new and significant hurdles to communities of color — particularly black people — being able to access housing.
According to the New York Times, full-time employees in retail generally make less than $33,000 a year. The same article states that “42 percent of retail workers earn a low hourly wage — defined as less than two-thirds of the median wage across the economy.”
On the same day California’s primary election produced decidedly mixed results last week — encouraging for Democrats, less so for progressives — progressive advocates gathered in Los Angeles learned about how politics in California (and nationwide) could be dramatically transformed by driving a stake through the heart of coded, dog-whistle racism, and by confronting it head-on with a call for cross-racial unity to create a better shared future.
[T]he public policy organization fights for racial equity, an expanded middle class and shaving the amount of money used in politics. Demos has just released a landmark report exclusively to theGrio explaining its studied view of why the Trump administration is bad for Black people and they have receipts.
