On March 15, 2013, the Senate’s Permanent Subcommittee on Investigations held hearings on the London Whale scandal. The indomitable and indefatigable Chairman Carl Levin, ably supported by the brilliant committee chief of staff, Elise Bean, took on six JP Morgan Chase (“JPMC”) current and former executives for four hours and three regulators for two, with support from other Committee members.
Washington, DC – In response to the President’s address on the federal budget, Demos’ Heather McGhee calls for a bolder commitment to recovery:
"Today, the President of the United States laid out his vision for restoring fiscal responsibility in a way that does not impede our fledgling recovery or violate the core intergenerational promises made during the American Century. Demos applauds the President's leadership.
NEW YORK – As budget debates continue to play out at the state level, it is apparent that Americans everywhere are still suffering from the long-tail of the recession and need jobs, not austerity measures that will likely reverse emergent economic gains. A new report by the policy center Demos addresses this need head-on, calling for an affordable and efficient federal jobs program that could meet critical community and national needs while providing meaningful employment for millions of people who lost their jobs in the Great Recession.
NEW YORK, NY – The idea of regulation — of using the institutions of government to set and enforce rules for the world of business — has come under fierce attack. This week, House committees will hold four separate hearings based on the premise that our nation’s economy is chafing under the restraint of excessive regulation and overly powerful regulators.
The fast food industry is the main driver of compensation inequality in the most disparate sector of the economy, with a CEO-to-worker pay ratio in 2013 of over 1000-to-1.
Washington, DC — The need for our nation to rebuild the middle class — the real engine of our economy — was completely overlooked in the new job-killing recommendations from the National Commission on Fiscal Responsibility and Reform earlier today. Tamara Draut, Vice President of Policy and Programs at Demos responded with the following statement.
Washington, DC — The need for our nation to rebuild the middle class-the real engine of our economy-was completely overlooked in the new job-killing recommendations from the National Commission on Fiscal Responsibility and Reform earlier today. Tamara Draut, Vice President of Policy and Programs at Demos responded with the following statement.
A conversation on antitrust law as guardrails on capitalism at Bold v Old in Washington DC. The conversation includes an overview of the history of anti-trust law, why and how anti-trust law became broken, and more.