"Words that make actions speak louder."
Workers lose an estimated $17 billion in retirement savings a year because financial advisers have incentives to put their financial interests ahead of their customers’. A proposed regulation would address that.
We’re calling for an all-out push today to stop a backroom deal that would reopen the Wall Street derivatives casino that caused so much damage in 2008, with taxpayers stuck with the bill for cleaning up the mess.
The Wall Street caucus in Congress is trying to slip a major attack on hard-won financial reforms into a spending bill designed to keep the government running. We’re asking people to sign an emergency petition.
Why do private equity companies want to tap 401(k) accounts? Economist Eileen Appelbaum of the Center for Economic and Policy Research explains what’s behind this recent development.
A campaign by National People’s Action is mobilizing grassroots political support for robust Consumer Financial Protection Bureau rules that will rein in the payday lending industry, in anticipation of well-funded pushback.
You would think that seeing House Majority Leader Eric Cantor fall off his perch would cause his fellow House Republicans to approach their handling of Wall Street interests with a new level of sobriety. Not this week.
If you haven’t been able to get a raise in your low-wage job, or if you’ve had a hard time getting a job at all, those stock buybacks could be a major reason why.
Sheila Bair, the former chair of the Federal Deposit Insurance Corporation and one of the few insider voices of sanity in the midst of the 2008 financial crisis, made the case for Federal Reserve vice chair Janet Yellen to replace Ben Bernanke as Fed chair when his term expires in January. Her op-ed for Fortune […]
JPMorgan Chase’s $2 billion bad bet has made it crystal clear: The Wall Street banksters are still recklessly gambling with government-guaranteed money. And the too-big-to-fail banks are still too big.
House Republicans can call their budget a “Path to Prosperity” all they want, but as far as the American Majority is concerned, it’s a path to political defeat for the politicians who support it—if progressives make the right arguments in favor of an alternative that grows the economy and protects the middle class.