As part of Congress’s financial stimulus response to the COVID-19 pandemic, the CARES Act included $1,200 stimulus checks to all qualifying Americans—but there was no clear plan for delivering these checks to unbanked and underbanked Americans. Unfortunately, financial inclusion—access to payment systems, credit products, and financial services of all kinds—is an afterthought in politics and

In striking ways, the coronavirus (COVID-19) pandemic has exposed the fragility of the US economy and the immense power disparities and systemic disadvantages built into our social contract. Tens of millions of people across entire sectors of our economy are out of work—and many were living paycheck to paycheck before this crisis hit. Right now, the Roosevelt Institute’s work

During the past month, our colleagues have been sharing their analyses of the effects of COVID-19 on the economy. They’ve underscored the continued gender imbalance of labor, the racial injustice central to our economy, and the disparate impact the virus has had on different groups of our country, and they’ve provided key analysis of the

President Trump ran for office promising to run the country more like a business. But over the last three-plus years, it’s become abundantly clear that his administration’s policies reflect some of the worst aspects of the short-termism that Wall Street demands of our nation’s CEOs. They have prized cutting so-called “regulatory red-tape” to help businesses’

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FOR IMMEDIATE RELEASE: April 9, 2020 Progressive Group Leaders to Congress: Major Federal Intervention Needed to Meet Scale of Crisis; Congress Must Put People Ahead of Corporations to Save Economy Washington, DC – Today, leaders of progressive research, policy, and advocacy groups released the following statement calling on Congress to move quickly to pass a robust

In response to the growing coronavirus crisis, states are stopping “nonessential” surgeries to ease the burden on hospitals and medical workers. While this is admirable in theory, conservatives at both the state and federal levels have capitalized on these legitimate efforts to protect our collective well-being by misclassifying critical care as “nonessential” and restricting the

Something unprecedented has happened in recent weeks. The passage of the CARES Act—the largest stimulus package in American history—and broader debates about government spending, production, and health care have fundamentally shifted the political paradigm. As the coronavirus pandemic ravages an already fragile economy, consensus is building, even among the deficit scolds of 2008–2009, around the

The coronavirus crisis is, first and foremost, a health crisis. The Trump administration’s failure to take the threat of COVID-19 seriously—and our systematic, decades-long decimation of our nation’s public health infrastructure—has turned what may have been a public health challenge into a crisis for our health care system. And one area where the failures of

In the last three weeks, it has become clear that millennials are going to experience a second major recession in their working lives before they turn 40. Even before the COVID-19 crisis, it was widely documented that this generation—ages 24 to 39 and the most racially diverse adult cohort in history—was experiencing long-term harms from

FOR IMMEDIATE RELEASE:March 26, 2020 CONTACT:Ariela Weinberger, aweinberger@rooseveltinstitute.org Lessons from the Past: WWII and the Fight Against National Crises New report shows that America’s economic mobilization during World War II offers a useful model for the government to fight crises from coronavirus to climate change New York, NY—Today, with a health crisis putting millions of