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Despite Consumer Scandals and Bank Mismanagement, Wells Fargo Continues to Spend Billions Rewarding Shareholders

Following a year-long congressional investigation into Wells Fargo’s egregious consumer abuses, lax corporate management, and toxic corporate culture, CEO Charles Scharf and Well Fargo’s board members will testify before the House Financial Service Committee this week. This hearing comes in the wake of a detailed report, written by the Financial Services Committee staff, exposing the

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Repeating Women’s History Would Be Terrible for Women’s Health and Economic Security

March is Women’s History Month, and this year’s celebration starts with June Medical Services v. Gee, a current Supreme Court case that poses the latest threat both to Roe v. Wade specifically and to women’s health and economic security at large. This case is the most recent reminder of how precarious reproductive health and rights

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North American Investment Law and Policy: Developments in 2019

In the final weeks and days of 2019, significant changes via legislative ratifications to the North American investment treaty template were made, most notably with approvals of the US-Mexico-Canada Agreement (USMCA) that will replace the 1993 North American Free Trade Agreement (NAFTA). On December 10, the three governments signed the final version of the pact.

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True Reparations Are a National Debt: Localities and Individuals Should Not Foot the Bill and Cannot Build Systemic Remedies Alone

The reparations debate is longstanding and deep-rooted. In our forthcoming book, From Here to Equality: Reparations for Black Americans in the 21st Century (University of North Carolina Press, April 2020), we advance the following general definition of reparations: “a program of acknowledgement, redress, and closure for a grievous injustice.” Acknowledgement is the admission of wrong

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How the Black Panthers Paved the Way for New Progressivism

Today’s progressivism contends that economic rights are human rights. Rights to fundamental goods, such as health care and housing, are regarded as inalienable—as much a part of freedom as core rights like bodily autonomy. The view is consistent with the notion of the “American dream,” in that one must secure and then transcend each of

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The Flawed Economics of the PAYGO Rule

Our nation is faced with once-in-a-generation challenges—including devastating climate change, crumbling infrastructure, and crippling household debt—that can only be addressed by bold, progressive policies, many of which require significant government spending. A major impediment to meeting these challenges is the “pay as you go” (PAYGO) rule. The PAYGO rule is a congressional budget rule that

Roosevelt Institute Announces New Board Members

FOR IMMEDIATE RELEASE:February 14, 2020 CONTACT:Ariela Weinberger, aweinberger@rooseveltinstitute.org Roosevelt Institute Announces New Board Members Four new board members add insight, diversity, and expertise New York, NY—The Roosevelt Institute is pleased to announce the appointment of four new members to its board of directors: Sharon Block, executive director of the Labor and Worklife Program and lecturer

Franklin D. Roosevelt Presidential Library and Museum Annual Reports

The Roosevelt Institute is the nonprofit partner of the FDR Library and Museum. Private money raised goes through the Institute to benefit the Library. This allows the Library the ability to spend funds on special exhibits, community events, membership programming, school group transportation and educational staff for school field trips, to name a few. The

Going Beyond Black History Month: Naming Anti-Blackness to Address Racial Wealth Inequality

FOR IMMEDIATE RELEASE:February 5, 2020 CONTACT:Ariela Weinberger, aweinberger@rooseveltinstitute.org Going Beyond Black History Month: Naming Anti-Blackness to Address Racial Wealth Inequality A new report highlights why progressives must focus on addressing the structural forces that cause the racial wealth gap, not just fixate on the gap itself New York, NY—Over the last 50 years, neoliberal (“free

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Don’t Fixate on the Racial Wealth Gap: Focus on Undoing its Root Causes

Inequality is a defining American issue, and perhaps no measure more accurately exemplifies the failures and injustices of historic and current-day economic decisions than the “racial wealth gap.” In the current political moment—when bold ideas to rebalance economic and political power, especially by race, are central to public debate—we have the opportunity to reevaluate how

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