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This morning, several media outlets rushed to report that Commodity Futures Trading Commission Chairman Gary Gensler had lost his battle to secure robust rules governing the international exercise of the Commission’s jurisdiction to govern derivatives.
Blog
Wallace C. Turbeville
Yesterday Senators Warren, King, McCain, and Cantwell introduced the 21st Century Glass-Steagall Act of 2013 which would rebuild the firewall between commercial and investment banks that existed from the days of FDR's first term following the great crash until 1999 at the height of bipartisan
Blog
Alex Amend
Three years ago, Antonio Vanegas took a job at a pita shop inside the food court at the Ronald Reagan Building and International Trade Center in D.C.
In the media
Dave Jamieson
Members of Congress are calling on the government to get out in front of the growing income gap by addressing the low wages paid within its own buildings. In a July 2 letter to President Barack Obama, 17 House Democrats said the government needs to take action toward the fair treatment and decent
In the media
Cogan Schneier
New Jersey Senate heard arguments last week for legislation that would ban the exclusion of formerly incarcerated people from applying for jobs on the sole basis of their records. Part of the Opportunity to Compete Act in NJ, “ ban the box” proposals like this one refer to the box convicted felons
Blog
Jack Grauer
States used to have the authority to enforce usury laws, capping the excessive interest rates of any lender interested in transacting business with their citizens. Although usury laws are still on the books in some states across the country, when it comes to credit cards they are rendered useless by
Blog
Amy Traub
In America, employees have the right to stick together to form unions and bargain collectively. At least, we’ve got those rights on paper. In practice, many employers routinely violate rights to organize, threatening, harassing, and illegally firing workers, whenever employees try to band together.
Blog
Amy Traub
If you're part of the 9-to-5 crowd, chances are you wish you had more flexibility. But many low-income workers have the exact opposite problem: their hours vary wildly and they rarely know if they will get a full forty hours of work in a given week. Or even get work at all.
Blog
David Callahan
Come April 2014, New Yorkers will finally have the right to get sick. Thanks to a New York City Council vote last night overriding Mayor Michael Bloomberg’s veto, New York will become the largest city in the nation to guarantee paid sick days. It’s an important milestone, even for those of us
Blog
Amy Traub
For the past half century, one of the surest paths to well-heeled financial security was becoming a corporate lawyer. Your class background didn't matter all that much, as long as you were smart enough to get into a top law school and could then endure the brutal hours of an associate at a corporate
Blog
David Callahan