New York, NY – Today,as Congressional battles threaten the future of the Consumer Financial Protection Bureau, the national policy center Demos published a new report that shows how failures of the credit reporting system — and the increasing use of the system's credit reports and scores for non-lending purposes — are having outsized and damaging effects on Americans' economic health.
This report reveals the extent of credit information “mission creep,” examines troubling shortcomings in the for-profit credit reporting industry, and recommends common sense steps to reform the credit reporting system.
Demos Statement on Maine Election Day Registration Repeal
Steven Carbó, Senior Program Director in the Democracy Program at the non-partisan policy organization Demos issued the following statement today in response to Maine repeal of Election Day Registration:
New York – Today, Demos, a national public policy research and advocacy center that supports fair employment practices, congratulates the Connecticut General Assembly for passing legislation that prohibits employers from using credit reports in employment decisions except in certain circumstances. Demos commends Senate Majority Leader Martin Looney, House Speaker Christopher Donovan and Representative Matthew Lesser for their leadership on this issue. Connecticut is sixth in a growing number of states to ban employment credit checks.
Plaintiffs had no other choice but to sue to ensure that, going forward, low-income Georgia citizens receive the voter registration opportunities to which they're entitled.
New York, NY – Steve Carbo, Senior Program Director of the Democracy Program, issued the following statement praising the recent passage of California Senate Bill 641.
Albany, NY – Today, top civil rights organizations filed a motion in New York Supreme Court asking to intervene to help defend New York's new law allocating people in prison to their home communities for redistricting and reapportionment.
New York, NY – 'Shadow Market' investment products have come under scrutiny following the banking meltdown, but they continue to be aggressively marketed to clients who can least afford the potentially catastrophic losses. Millions of American seniors could see their golden years turn bleak if the poorly regulated derivatives underpinning their investment plans implode, according to "How Safe Are Your Savings? How Complex Derivative Products Imperil Seniors' Retirement Security."
Washington DC – In an important hearing today on the future of America’s middle class, Democrats on the Senate Health, Education, Labor and Pensions (HELP) Committee made the case for greater public investment, fairer tax policy, and better job creation to stimulate economic growth and support working Americans. Demos, a national public policy research and advocacy center, supports the effort, as families continue to reel from the recession and high unemployment.
New York – This week, the growing practice of employers screening the credit scores of job applicants was dealt a legal blow after the Court of Common Council of Hartford, Connecticut, passed an ordinance prohibiting the practice as part of the city's employment application and promotion process. The legislation is the first municipal ordinance of its kind in the country.
Demos, a national public policy research and advocacy center that supports fair employment and publishes research hiring practices, celebrates the decision.
Dēmos has measured the comparative effectiveness of five leading fiscal proposals. We evaluate the plans in eight categories: jobs and public investment; health care affordability; Social Security income; education; defense policy; fair and adequate revenues; and long-term debt reduction.
How Maine can use deposits of state tax revenue to tilt the economic playing field back toward Main Street businesses, our community banks, and long-term job growth.
Prison-based gerrymandering is the practice of counting incarcerated persons as “residents” of a prison when drawing legislative districts in order to give extra influence to the districts that contain the prisons. The U.S. Constitution requires that election districts be roughly equal in size, so that everyone is represented equally in the political process. But prison-based gerrymandering distorts our democracy by artificially inflating the population numbers — and thus, the political clout — of districts with prisons, while diluting the political power of all other voters.
New York, NY – On the eve of Earth Day, a new report by the policy center Demos spotlights the dangerous effects of the millions of tons of electronics that are thrown away each year by American households.
New York, NY – Today, the Census Bureau released a new data product that will assist state and local governments in avoiding prison-based gerrymandering, a practice which unjustly gives districts that contain prisons extra representation in the legislature. The Bureau’s accelerated release of 2010 group quarters table was hailed by Demos and the Prison
A Washington Investment Trust will generate new revenue for Washington, save local governments money, and make our businesses less dependent on the Wall Street banks that have cut back on lending to small businesses and consumers in our state.
New York – Today, Demos, a national public policy and advocacy center that supports pro-voter election reform, applauded Montana Governor Brian Schweitzer for vetoing an anti-voter measure recently passed by the state legislature. The bill, HB 180, would have rescinded Montana’s so-called “late registration” period, a type of "Same Day Voter Registration" which allows citizens to register and vote at county clerks’ offices on Election Day and the preceding 30 days.
Washington, DC – In response to the President’s address on the federal budget, Demos’ Heather McGhee calls for a bolder commitment to recovery:
"Today, the President of the United States laid out his vision for restoring fiscal responsibility in a way that does not impede our fledgling recovery or violate the core intergenerational promises made during the American Century. Demos applauds the President's leadership.