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.
(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.
What is the fiduciary rule?
In the simplest terms, the fiduciary rule is a new regulation, proposed by the Department of Labor, which requires financial advisors and brokers to act in the best interest of people saving for retirement. Under this rule, when consulting your financial advisor they will be required to recommend the best investments for your needs, i.e. the mix of investments with the highest returns, lowest fees, or least risk.
Don’t financial advisors currently have to look out for my best interest?
(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.
In response to Walmart's announcement to raise the wage for 500,000 employees, Demos Senior Policy Analyst Catherine Ruetschlin issued the following statement:
Today, citing clear evidence that the State of California is violating its federally-mandated responsibility to offer California drivers and ID card holders the opportunity to register to vote, attorneys from Demos, Project Vote, ACLU Foundation of San Diego and Imperial Counties, and the global law firm Morrison & Foerster sent a pre-litigation notice letter to the California Secretary of State on behalf of the League of Women Voters of California, ACCE Institute, California Common Cause, the National Council of La Raza, and several individual California citizens.
(NEW YORK, NY) – Last night, the President’s annual State of the Union highlighted policy proposals and reforms the administration will pursue in the coming months. In response, Demos President Heather McGhee issued the following statement:
For too long these issues, and many others that would tackle inequality to ensure a thriving American economy, have been placed on the back burner due to two issues that the President touched too briefly upon: our unequal democracy and our racial divisions.
Five years after the Supreme Court’s 2010 Citizens United v. FEC decision, what are the roles of large donors and average voters in selecting and supporting candidates for Congress?
(New York, NY) – On the heels of the nation’s most expensive mid-term election cycle, where federal political spending hit a $3.7 billion high, the national public policy organization Demos released a new report that examines the inherent racial bias in our big money political system.
New York, NY — Last night, provisions were added to the House of Representatives' 2015 omnibus spending bill which would repeal crucial features of the Dodd-Frank Act.
In response, Demos Senior Fellow Wallace Turbeville issued the following statement:
(New York, NY) – Yesterday, the Illinois General Assembly passed Senate Bill 172, which would allow voters to register and vote on Election Day. This bill’s passage follows the successful implementation of the state’s pilot program this past November, and would also offer a grace period for registration on university campuses, expand early voting, and modernize current registration processes.
In response, Demos Vice President of Policy and Outreach Lenore Palladino issued the following statement:
(NEW YORK, NY) – Following the nation’s most expensive mid-term election cycle, where political spending hit an unprecedented $3.7 billion high, the national public policy organization Demos has released a new report on the federal election spending of big box retail companies.
Washington, D.C. – This year has been punctuated by enraging acts that have devalued, debased and destroyed young Black and Brown lives—particularly the fatal police shooting of Michael Brown, an unarmed 18-year-old from Ferguson, Missouri. Leading national health, equity and civil rights groups, joining together as grantees of the W.K. Kellogg Foundation, issued the following joint statement in response to the courageous actions of young activists who have reinvigorated the Civil Rights Movement.