Today's ruling is a powerful affirmation: the CFPB stands as a fortress against financial predators, especially crucial for communities of color battered by decades of discriminatory banking practices.
"For the sake of millions — people watching their rents go up while their wages don’t, parents who need support in tackling the ever-rising cost of child care, and seniors who regularly must decide whether they can afford their bills or their pills — the Senate must pass this legislation.”
Tomorrow the United States Supreme Court hears oral arguments in a case that has great relevance for our efforts to build an inclusive, multiracial democracy.
The Build Back Better Act would dramatically help working people and families. Now, the passage of this once-in-a-lifetime framework is in the hands of a few legislators who are beholden to corporations and the ultrarich.
Corporate and far-right special interests incite deficit fears by manufacturing an artificial crisis around debt. This has consolidated wealth and power in predominantly white corporate hands—and at the expense of Black and brown communities—for decades.
The American Rescue Act will provide economic relief and investments in Black and Brown communities. Yet, for all its strengths, there are still significant limitations.
The For the People Act outlines a vision of what’s possible when our nation lives up to its promise of being a place where all people can lift their voices via their votes and their small dollar contributions.
The response to the COVID-19 crisis must include investments in public goods and health infrastructure, breaking up concentrated economic power, and equitable access for Black and brown communities.
Credit reports and scores control access to public goods people need. Yet, in the midst of a global pandemic and economic collapse, remaking the nation’s credit reporting system is not the top concern.
The Postal Service faces a $13 billion revenue loss this fiscal year alone; If the Postal Service is allowed to fail, it will be a tremendous blow to all Americans.
The true source of America’s greatness is the diversity of our people. Almost 1 in 4 Americans is an immigrant or the child of an immigrant, and with the upcoming vote on the budget, it’s time for Democrats and Republicans alike to finally pass the DREAM Act. As Congress takes up the spending bill, which may be voted on tonight or tomorrow, Demos urges the leadership of both parties to protect young immigrants whose status is on the line by including a clean DREAM Act in the bill—and to reject the bill if a clean DREAM Act is not included.
New York, NY – Today, Heather McGhee, President of Demos, issued the following statement after the U.S. House of Representatives and U.S. Senate passed the GOP Tax Scam:
“Today, Congressional Republicans proved once again that they will stop at nothing to enrich the millionaire, billionaire and corporate donors to whom they are beholden—despite the severe cost that will now be paid by working- and middle-class families.