Click here to subscribe to Roosevelt First, our weekday morning email featuring the Daily Digest.
Teachers Union, Advocates Protest and Ask CPS to Act on Costly Borrowing (Chicago Tribune)
Heather Gillers reports on a rally led by the Chicago Teachers Union, where Roosevelt Institute Fellow Saqib Bhatti urged the mayor to push hard on banks to recoup losses from too-risky deals.
- Roosevelt Take: For more on this issue, read Bhatti’s new report, “Dirty Deals: How Wall Street’s Predatory Deals Hurt Taxpayers and What We Can Do About It.”
From Phone Booths to Hot Spots (Medium)
Roosevelt Institute Fellow Susan Crawford praises a new plan to convert New York City’s pay phones into high-speed wireless hotspots, which she says would help local businesses immensely.
Facebook’s Shuttle Bus Drivers Seek to Unionize (NYT)
Steven Greenhouse reports on the drivers’ reasons for unionizing, which center around their very difficult split-shift schedule and wages that are insufficient for housing near work.
Wall Street is Taking Over America’s Pension Plans (The Intercept)
Murtaza Hussain calls Wall Street’s funding campaigns in hopes of shifting public pensions to investments that build their profits “the biggest financial story of our generation that you’ve never heard of.”
Congress Must Not Let Wind Energy Jobs Blow Away (The Hill)
Michael Brune and Leo W. Gerard call for the renewal of the Wind Production Tax Credit, arguing that wind power isn’t just better for the environment, but also has the potential to create thousands of jobs.
Fed’s Dudley Sees Loss of Trust in Banks as Threat to Stability (WSJ)
Senate testimony from the President of the New York Federal Reserve argues that there is a case to be made for splitting up the big banks even now, writes Pedro da Costa.