Today, Demos proposed establishing a public credit registry, housed in the Consumer Financial Protection Bureau, as an essential part of a larger effort to reshape rules around debt and lending in order to reduce racial wealth inequality.
A conversation on antitrust law as guardrails on capitalism at Bold v Old in Washington DC. The conversation includes an overview of the history of anti-trust law, why and how anti-trust law became broken, and more.
The marquee bill, which features improvements to voting, campaign finance, and ethics laws, addresses the deep political, racial, and economic inequalities that plague our democracy.
I grew up in a military family, and we lived in predominantly white cities. I spent most of my formative years in Lancaster, California. Lancaster was a true juxtaposition: it was a city in southern California, which was a region widely hailed for its progressive values. At the same time, Lancaster was more of a big town than a city, with a majority white population that held deep conservative beliefs.
Watching television can be a window into experiences beyond your own, but it shouldn't be a passive act—keep in mind who is controlling the race narrative.
Each year, Black History Month reminds us to do something we rarely do as a society: remember (or learn for the first time) and reflect on the truly breathtaking contributions of Black people over the centuries. Many outlets do a beautiful job of cataloging some of these contributions, including several of my colleagues here on this blog.
We talk about the Black people who overcame oppression but not about the people—overwhelming white and powerful—who created the oppression others had to overcome. This must change.
Yesterday, the U.S. House of Representatives voted on a package of rules that include a “pay-as-you-go” or “PAYGO” provision, which mandates that new spending be offset by matching cuts or increases in revenue. Demos supports efforts to eliminate PAYGO requirements in federal law.
Demos stands in strong support of H.R. 1, a visionary new bill that has the ability to transform our democracy by addressing some of the deep political, racial, and economic inequalities that have contributed to the current crisis of our democracy.
This report was completed in collaboration with the Advancement Project, Asian & Pacific Islander American Health Forum, Demos, Faith in Action, National Association for the Advancement of Colored People, National Congress of American Indians, National Urban League, Race Forward, and UnidosUS. These groups are a collaborative of leading national racial-equity organizations supported by the W.K. Kellogg Foundation.
Experian Boost comes with downsides for consumers, according to Amy Traub, associate director of research at the public policy group, Demos. She said lenders will be able to use the data they glean from consumer bank accounts in ways the public may not understand.
"It also allows them to make marketing decisions: who to promote which products to, how to get us hooked on the products that are most profitable and lucrative for the lender, " said Traub.
The Trump administration’s latest attack on immigrants, a proposed rule that would punish families for accessing public benefits, has rightfully come under fire for its potential to threaten children’s health and impose financial hardship on households and communities.