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Dodd-Frank Spawns Software to Comprehend Dodd-Frank (Marketplace)
Sabri Ben-Achour speaks to Roosevelt Institute Fellow Mike Konczal and others about the complexity of the Volcker Rule. Mike says the scrutiny of the courts has made some rules clunkier than necessary.
Unions Keep Pushing Emanuel to Challenge Interest Rate Hedges (Crain’s Chicago Business)
Roosevelt Institute Senior Fellow Brad Miller has joined the push to convince the Chicago Board of Education to seek legal remedies for some bad financial transactions, writes Greg Hinz.
The Big Bank Backlash Begins (ProPublica)
Jesse Eisinger reports on the banks’ take on current regulatory practices, after attending a conference where their lawyers discussed strategies for dealing with tough regulators.
Should the Poor Be Allowed to Vote? (The Atlantic)
Peter Beinart says voter ID laws are part of a long and unfortunate American tradition of distrusting poor people’s ability to make reasoned political choices.
America’s Middle Class Knows It Faces a Grim Retirement (LA Times)
Michael Hiltzik looks at a scary set of survey results from Wells Fargo, and says that expanding Social Security is the best option to ensure that retirement is possible for the middle class.
The Sharing Economy’s ‘First Strike’: Uber Drivers Turn Off the App (In These Times)
In what some are calling the first labor strike in the sharing economy, Uber drivers in five cities stopped picking up rides yesterday, reports Rebecca Burns.
Can Student Credit Unions Solve the College Affordability Problem? (The Nation)
Helene Barthelemy reports on a Columbia University group’s attempt to open a fully student-run credit union on campus, with broad goals that include offering lower rate student loans.