(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.
(New York, NY) – Though much research has been devoted to how public policy choices such as increasing the minimum wage can address economic disparities, there has been no systematic analysis of the types of public policies that offer the most potential for reducing the racial wealth gap.
BOSTON, NEW YORK, and WASHINGTON, D.C. – Today, voting rights advocates announced a settlement with the Massachusetts Department of Transitional Assistance (DTA) that will ensure that hundreds of thousands of eligible Massachusetts citizens are provided opportunities to register to vote in compliance with the National Voter Registration Act (NVRA). In light of the settlement, the parties have jointly requested that U.S. District Court Judge Denise J.
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.
Demos and coalition partners have reached an agreement with the City Council and de Blasio administration to send a bill banning the use of employment credit checks to the City Council floor. In response, President Heather McGhee issued the following statement:
“We are pleased to see progress made in the fight for equal opportunity employment in New York City. Employment credit checks are a catch-22, preventing qualified workers from getting a job just when they really need one most. The biggest drivers of credit problems are job loss and medical emergencies.
(NEW YORK, NY) This morning, the Building Movement Project (BMP)—a Demos affiliate that equips nonprofits to advance social change—contributed to a new report #BlackWorkersMatter. It highlights how the economic crisis affects black communities, shares analysis on the black jobs crisis, and elevates the importance of investing in efforts to organize black workers.
New Demos Report Shows State Disinvestment in Public Higher Education is Driving Tuition Increases
Decreased State Funding is Responsible for Nearly 80 Percent of the Rise in Public Education Tuition
Recently, there has been much debate about the real cause of tuition increases, which have risen by nearly $3,000 at public four-year universities in the last decade alone. To meet these costs, U.S. students must take on crushing levels of debt just to access education that was readily affordable for previous generations.
(New York, Raleigh, Washington, D.C.) – Citing clear evidence that the state of North Carolina is failing its obligation to provide low-income residents with a meaningful opportunity to register to vote at public assistance agencies, today Democracy North Carolina, Action NC, and the A. Philip Randolph Institute (“APRI”) sent a pre-litigation notice letter to Kim Strach, Executive Director of the North Carolina State Board of Elections (“NCSBE”), as well as Dr.
(New York, NY)- During the next few weeks thousands of students across the country will graduate from college, an accomplishment that used to symbolize a step toward financial independence and entry into the middle class.
Demos Vice President of Policy & Outreach Lenore Palladino issued the following statement on Vermont’s passage of Same-Day Registration:
"Demos applauds Vermont’s passage of Same-Day Registration (SDR), which will allow residents to register to vote and then cast a regular ballot in a one-stop process at every polling location. Every eligible American should have an equal opportunity to vote, and it should be free, fair and easily accessible. SDR is an important step to ensure this happens.
MassHealth, EOHHS, and SOC Agree To Remedy NVRA Compliance Problems
BOSTON, NEW YORK, and WASHINGTON, D.C. (June 17, 2015) – Voting rights advocates and Massachusetts officials announced today that settlements have been reached in a three-year old federal lawsuit regarding the requirement to provide voter registration opportunities to low-income citizens who receive public assistance benefits.
Demos, in proud partnership with fellow racial equity organizations, released the following statement about the King v. Burwell Supreme Court ruling:
"We, the undersigned organizations working to advance racial justice and health equity in the United States, are pleased that the U.S. Supreme Court has found that health insurance subsidies authorized by the landmark Patient Protection and Affordable Care Act (ACA) will remain intact.
Demos, in proud partnership with fellow racial equity organizations, released the following statement about the HUD's new fair housing rule:
"The Housing and Urban Development’s (HUD) release of the final 'Affirmatively Furthering Fair Housing Rule' is a courageous and necessary step by President Obama and HUD Secretary Julián Castro to move our country past the artificial barriers that have divided us and toward a more inclusive and democratic society.
Demos Vice President of Policy and Research Tamara Draut issued the following statement:
"After two months of deliberations, hearings, and moving testimonies, the wage board created by Governor Cuomo voted yesterday to recommend a wage increase in a series of steps to $15 an hour by 2018 in New York City and by 2021 in the rest of the state. Fast-food workers’ decision to challenge their powerful corporate bosses was a huge risk—and it paid off.
Oklahoma Agrees To Bring Public Assistance Agencies into Compliance with the Law
NEW YORK, WASHINGTON and OKLAHOMA CITY (July 30, 2015)– Voting rights advocates and Oklahoma officials announced today that a settlement has been reached to provide more effective voter registration opportunities to citizens throughout the state.