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NEW YORK — Demos applauds the work of Senator Elizabeth Warren (D-MA) who today introduced The Equal Employment for All Act, legislation that would prohibit the widespread use of personal credit history in employment. The use of employment credit checks is an unjust practice that poses a serious

A new survey finds that African-Americans are much more likely than whites to be called by debt collectors, despite both groups reporting relatively equal levels of debt and repayment rates. Just take a look at this chart:

Job-hunters are increasingly being asked to agree to allow potential employers to view their personal credit information, a development that Sen. Elizabeth Warren says is unfairly keeping people out of the job market who've had financial setbacks or have reports that contain inaccurate information.

President Obama has proclaimed that thanks to the Volcker Rule "never again will the American taxpayer be held hostage by a bank that is `Too Big to Fail', " the reality is a bit more complicated. Though the rule issued today by financial regulators seeks to ban proprietary trading -- essentially

In November, Congress failed to renew the 2009 stimulus provision allocating additional funds to the Supplemental Nutrition Assistance Program (SNAP). This removed a much-needed $5 billion from an already underfunded public program tasked with keeping 47 million Americans from going hungry.

NEW YORK -- In response to the final, approved version of the Volcker Rule, Demos Senior Fellow Wallace Turbeville, a former investment banker and the author of Demos' recent Volcker Rule explainer and The Detroit Bankruptcy report, released the following statement:

The much-anticipated final regulations implementing the Volcker Rule will be released today and, almost miraculously, it seems to be significantly stronger than the proposed text publicized more than a year ago. We will all have to await the actual wording since this is an area in which the devil is

If anyone still suspects that National Public Radio has a consistently liberal bias, listen to Robert Siegel's interview with Brigid Flaherty, organizing director for the Alliance for a Greater New York, a labor advocacy group, on Wednesday's All Things Considered.

The Volcker Rule is a requirement in the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 that is sometimes referred to as a “mini-Glass-Steagall.” 

Americans aren’t incredibly concerned about the wide income gap between the very rich and the very poor, even though it's bigger issue in the United States than any other advanced economy. And it's growing.