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.
“The collective trauma of this pandemic is exposing the sheer depth of inequality in this country and the consequences that has always presented for Black and brown communities. We hope that Florida election officials will stand on the right side of history..."
“The data is clear. The troubling gap in voter turnout among racial groups indicates an immediate need for lawmakers to address the issues, both historic and current, that continue to silence Black and Brown voters.”
"The reforms we need in the midst of this pandemic are the same changes we’ve long needed to dismantle the structural barriers locking Black and brown voters out of full participation in our democracy."
“The agreements we won in this case will protect Black and brown voters and all Floridians, ensuring they have multiple safe voting options and can be heard this November.”
The policy platform outlines actions that address environmental justice, just recovery from disasters, equity accounting in climate policy, and energy democracy.
Initiative Aims to Strengthen Social Insurance, Promote Broadly Shared Prosperity, Set the Record Straight on Federal Spending
New York — Demos and The Century Foundation today launched an initiative to strengthen social insurance programs and develop a roadmap for a fair and responsible federal budget. The project gets underway as the White House prepares for its February 23 "Fiscal Responsibility Summit."
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.
3 out of 4 senior households lack the economic security needed to sustain them through their lives, according to new study
New York, NY — Older Americans have experienced huge, negative financial shifts that now make it more difficult to enter retirement with sustainable economic security, a new study finds. Seventy-eight percent of all senior households are financially vulnerable when it comes to their ability to meet essential expenses and cover projected costs over their lifetimes.
New York, NY — The 2008 presidential campaign ended with a sharp moral debate about "spreading the wealth" in the United States. With national concern about a barrage of bad economic news--from the financial meltdown on Wall Street to the near-bankruptcy of the American auto-industry — which, coupled with bailouts and controversial tax plans proposed by the new Administration, have moved the issue of wealth distribution to the forefront of public debate.
We need to continue to demand a government committed to protecting Black and brown communities in this moment, and need to continue to push for bold, transformative change.
Would Re-establish Key Provisions of the Glass-Steagall Act—Limiting Risk Taking by Commercial Banks, Requiring Investment and Insurance Spin-offs, Ending Era of 'Too Big to Fail'
As Congress Takes Up Sweeping Financial Reform, Report Urges Fundamental Change of Ratings Agency Model
Washington, DC — With the House of Representatives and a key Senate committee poised to vote on sweeping financial industry reforms, a new report by Demos finds that the proposed remedies fail to fully address the problems that led the credit rating agencies to become key enablers of the housing bubble and Wall Street meltdown.
Washington, DC — Today, thousands of Americans are gathering on the streets of Chicago to march against financial service industry excess that has cost the American taxpayers trillions of dollars, destabilized the economy and undermined the stability of millions of US households.
In response to the public outcry against excesses in the financial services industries, dubbed "The Showdown in Chicago", the following statement was issued from Heather McGhee, director of the Washington DC, Office for the public policy and research center Demos:
