Comprehensive and meaningful systemic risk reform must undo many of the ill-advised deregulatory measuresof the past 20 years, including the four key changes wrought by the Gramm-Leach-Bliley Act.
Young adults have an enormous stake in the financial regulatory reform debate. They have paid a high price for a banking crisis caused by lax regulation, and their economic futures will depend on rebuilding strong public structures for financial regulation going forward. This briefing paper addresses some of the key reforms and the impact of both the banking crisis and unregulated lending practices on young Americans' financial futures.
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.
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.
The Contract for College would unify the existing three strands of federal financial aid — grants, loans and work-study — into a coherent, guaranteed financial aid package for students.
America's students are facing a serious threat from subprime private loans, and the situation could worsen unless Congress votes to close a potential loophole in the proposed Consumer Financial Protection Agency.
How taxpayers are bankrolling the paychecks of already-wealthy executives instead of supporting more livable wages for American workers struggling to get by.
If the twin threats to public pensions continue, African American retirees may lose much of the retirement security they’ve gained over the past half-century.
“It doesn’t do anything to address the root problems of college affordability and of rising student debt,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. Those include state disinvestment in higher education, a trend that the federal government could help reverse, according to Huelsman, by using federal money to encourage states to up their investment in their public colleges. [...]
Employers’ growing interest in helping workers pay back their student loans “reflects that many, if not most, workers entering the workforce have to contend with their student loans,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. [...]
The California legislature is pushing its own ambitious legislation, and is one of several Western states teaming up with Canadian provinces to collaborate on climate solutions. Many now see New York, and the CCPA in particular, as presenting the next opportunity for promising state-level action.
“It’s clear that the exact cohort that they were tracking has gone through a fairly tumultuous young adulthood,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank.