Washington, DC – Less than a day after his first nominee for Labor Secretary, Andrew Puzder, withdrew his name due to unprecedented opposition from workers, legislators and advocates, President Donald Trump announced his new choice to run the Department of Labor, Alexander Acosta. Tamara Draut, Vice President of Policy and Research at Demos, issued the follow statement:
April 9, 2017 (New York, NY) -- Tamara Draut, Vice President of Policy and Research at Demos, released the following statement after New York became the first state in the country to pass tuition-free college:
New York, NY - With the House of Representatives poised to vote on H.R. 10, the Financial CHOICE Act, Amy Traub, Associate Director, Policy and Research at Demos, issued the following statement:
July 21, 2017 (New York, NY) – In honor of the sixth anniversary of the creation of the Consumer Financial Protection Bureau (CFPB), Tamara Draut, Vice President of Policy and Research, issued the following statement.
August 2, 2017 (New York, NY) – In response to reports today that the U.S. Department of Justice plans to investigate higher education institutions’ affirmative action policies, Heather McGhee, President of Demos and Demos Action, issued the following statement.
On August 31, Federal District Judge Amos Mazzant of Texas issued a ruling striking down the U.S. Department of Labor’s update to federal rules on overtime pay. Demos Associate Director of Policy and Research Amy Traub released the following statement:
Washington, DC – Today, Demos, a New York public policy organization, released a first-of-its-kind congressional college yearbook, which compares the cost of college tuition members of Congress experienced with the cost of college for today’s students. The yearbook, entitled When Congress Went to College, finds that the average student today paid nearly $20,000 a year more for college than current members of Congress.
Washington, D.C. – On Wednesday, Mick Mulvaney, acting director of the Consumer Financial Protection Bureau (CFPB), informed his staff that he would be shutting down the bureau’s Office for Students and Young Consumers and folding it into the Office of Financial Education. In response, Mark Huelsman, Senior Analyst and student debt expert at Demos, issued the following statement:
Today, Democratic members of the House of Representatives released the Aim Higher Act, a bill that would reauthorize the Higher Education Act, the federal law which authorizes a broad range of student aid programs and governs the federal role in higher education.
Demos, a public policy organization based in New York, has this response:
On a new survey which finds that hedge funds and traders of stocks and bonds are predicted to see bonuses drop by as much as 10 percent from last year.
The children of the New Economy have responded to the economic disparity and social insecurities in our schools, neighborhoods and workplaces with a backlash against government bashing.
In the past 15 years the ramifications of poor credit have grown, as credit score "mission creep" has set in, said Amy Traub, a senior policy analyst with the New York-based think tank Demos and author of the recently released report "Discrediting America." Credit scores determine not just the interest rates paid on material goods, such as a cell phone or car, but also the pricing of utilities and insurance. Approximately 60 percent of employers use credit reports to screen job applicants.
Amy Traub, a senior policy analyst at watchdog group Demos, says that credit-based insurance scores hurt lower-income people more because they are more likely to have lower scores. She noted a study that showed while those with lower scores made more claims because they couldn't swallow the costs, the cost of those claims were not necessarily greater.