Would Re-establish Key Provisions of the Glass-Steagall Act—Limiting Risk Taking by Commercial Banks, Requiring Investment and Insurance Spin-offs, Ending Era of 'Too Big to Fail'
As Congress Takes Up Sweeping Financial Reform, Report Urges Fundamental Change of Ratings Agency Model
Washington, DC — With the House of Representatives and a key Senate committee poised to vote on sweeping financial industry reforms, a new report by Demos finds that the proposed remedies fail to fully address the problems that led the credit rating agencies to become key enablers of the housing bubble and Wall Street meltdown.
Comprehensive and meaningful systemic risk reform must undo many of the ill-advised deregulatory measuresof the past 20 years, including the four key changes wrought by the Gramm-Leach-Bliley Act.
New York — Dramatic increases in low-income voter registrations at public assistance agencies have occurred recently in five states that have taken steps to improve their compliance with a requirement of the National Voter Registration Act (NVRA), according to a new report by Demos, a non-partisan public policy and research center.
Washington, DC — Today, thousands of Americans are gathering on the streets of Chicago to march against financial service industry excess that has cost the American taxpayers trillions of dollars, destabilized the economy and undermined the stability of millions of US households.
In response to the public outcry against excesses in the financial services industries, dubbed "The Showdown in Chicago", the following statement was issued from Heather McGhee, director of the Washington DC, Office for the public policy and research center Demos:
Arguments Heard Today Suggest Precedents Limiting Corporate Political Influence Under Threat
Washington, DC — Today's argument in Citizens United v. FEC suggests that the Roberts Court is poised to sweep aside century-old restraints on corporate domination of the political marketplace — unless the wisdom of the Court's newest member proves persuasive when the decision is ultimately written.
Part of a Demos series of reports on deregulation showing that often the most significant impact is on the quality and reliability of work — in this case, on port trucking.
Washington, DC — As the United States Congress considers the Surface Transportation Authorization Act of 2009, which aims to establish national regulatory reforms for American ground transportation, a newly published study details the widespread failures of port trucking deregulation. Port Trucking Down the Low Road: A Sad Story of Deregulation, published by Demos, a national public policy research center
Voting rights groups sue NM officials for failing to comply with the National Voter Registration Act
SANTA FE, NM — Citing clear evidence that New Mexico public assistance agencies and moter vehicle offices have violated their federally mandated responsibility to offer tens of thousands of New Mexicans each year the opportunity to register to vote, a coalition of voting rights groups filed suit today against officials in New Mexico for violations of the National Voter Registration Act of 1993 (NVRA).
Lawsuit filed today to force state social service agencies and election officials to comply with the National Voter Registration
INDIANAPOLIS, IN —Citing clear evidence that Indiana public assistance agencies have violated their federally mandated responsibility to offer tens of thousands of clients the opportunity to register to vote each year, a coalition of voting rights groups filed suit today against officials in Indiana for violations of the National Voter Registration Act of 1993 (NVRA).