Doing “everything right” — making all the optimal life choices to build wealth and get ahead, despite obstacles — is still not enough for black and Latino households to accumulate as much wealth as their white counterparts.
Washington DC – In the closest confirmation vote for a Secretary of Education to date, Betsy DeVos was confirmed by the narrow margin of 51-50, with the historic tie-breaking vote coming from Vice President Mike Pence. Following the decision, Mark Huelsman, Senior Policy Analyst and higher education expert at Demos, issued the follow statement:
“The unprecedented level of uncertainty shown by both Democrats and Republicans surrounding Betsy DeVos’ ability to serve as Secretary of Education should have been enough to disqualify her from assuming this position.
Washington, DC – Next week, the Senate will vote on President Trump’s nominee for Secretary of the Department of Education, Betsy DeVos. Ahead of the vote, Mark Huelsman, Senior Policy Analyst and higher education expert at Demos, issued the follow statement:
It is with great sadness that we announce the passing of Senior Fellow Wallace C. Turbeville, a beloved member of the Demos family since 2012. Wallace “Wally” Turbeville was among our country’s most respected and influential thought leaders and advocates for systemic financial reform as a core fight in the struggle for economic and racial justice.
Judge Neil Gorsuch is no champion for democracy, and his record on money in politics suggests he would continue the Court’s trajectory of expanding the power of the donor class.
What do people mean by “money in politics” or “campaign finance reform”? Running for office requires money—for staff, travel, TV ads, etc. In many countries, much of the cost of public elections is paid for by public funds, so the voters control the process and candidates are only accountable to their constituents. But in most places in the U.S., election campaigns are funded only with private money, most of it coming in the form of large checks from wealthy donors.
An all-star team of ethics experts and constitutional scholars sued Donald Trump today for immediately violating the Constitution’s prohibition on government officials receiving payments from foreign powers.
Aside from the personal costs of running for office, and the structural problems stemming from the way we elect representatives, money is a major issue when it comes to the representation of people of color. While personal resources play a role in the decision to pursue elective office, it also takes money, sometimes a lot of money, to run for office.