The agreement reached between Senate Banking Committee Chairman Mike Crapo and ten Senate Democrats is billed as a necessary technical fix to Dodd-Frank and regulatory relief for community banks. But this proposal would cause more harm than many—including some allies—currently believe. It would expose risk to mid-sized banks, threaten the stability of the financial industry,

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Last week, Donald Trump’s chief of staff John Kelly lamented that the world has changed for women. “When I was a kid growing up, a lot of things were sacred in our country,” he said. “Women were sacred and looked upon with great honor. That’s obviously not the case anymore, as we see from recent

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Last week, the Trump administration launched an unprecedented action to enforce the environmental rules in a trade agreement between the United States and Peru. According to the press release: “United States Trade Representative Robert Lighthizer today directed the United States Customs and Border Protection (CBP) to block future timber imports from a Peruvian exporter based on

Three weeks ago, the Trump administration weakened the rules that protect women, effective immediately. By rolling back birth control coverage provided by the Affordable Care Act, non-profit religious organizations, such as hospitals and higher education institutions, are now able to reject contraceptive coverage all together. As a result, students at universities like Loyola University-Chicago and Georgetown

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Presentation to the Congressional Progressive Caucus, Opening Remarks October 5, 2017 Amazon recently bought Whole Foods, following a pro-forma approval by the Federal Trade Commission. Amazon touted its plans to cut prices on popular items on the very day the merger closed, and it advertised those discounts as resulting from the merger. It was as

Welcome to the inaugural edition of Why This Matters, a new series from Roosevelt staff connecting our individual work—from papers to reports and everything in between—to our broader vision of creating a new, more equitable economic and political system. This series will give readers the top takeaways from our latest writing and thinking, with a focus on why

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As negotiators meet in Arlington this week to discuss the future of the North American Free Trade Agreement (NAFTA), the Trump administration is again rattling nerves. While no formal proposal is publicly available, the U.S. Trade Representative is reportedly calling for stricter Buy America rules in government procurement, a five-year sunset clause (i.e. the agreement would not be renewed

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With all the discussion on Trump’s tax plan, you could be forgiven for thinking the current tax code is a good tax system. Today’s tax system creates a disproportionate concentration of wealth in the corporate and financial sectors, while leaving revenue on the table that could be put to productive use. In a recent paper,

Today, President Trump unveiled new details about the tax reform plan that have been hashed out in secret for months by the so-called Gang of Six. As reporters and policy experts run numbers about who wins and who loses (spoiler alert: Mnuchin, Trump, and Cohn win, America loses), let’s take a step back at the

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Winning the Fight Over Tax Reform

This week, President Trump and his allies in the Senate are ramping up their campaign to reform our nation’s tax code. In Finance Committee hearings and over bipartisan dinners, the talking points are familiar: A White House press release described their tax plan as a way to “unleash America’s economic potential,” and just yesterday, the