Last week, Senator Kamala Harris (D-CA) introduced a sweeping, bold economic policy idea: the LIFT the Middle Class Act. The LIFT (Livable Incomes for Families) Act would essentially be a dramatic expansion of the Earned Income Tax Credit (EITC), making it much larger and available to many more Americans. A few days later, the conservative

FOR IMMEDIATE RELEASE: October 22, 2018 CONTACT: Mariam Ahmed, mariam.ahmed@berlinrosen.com New York, NY—Today, the Federal Trade Commission (FTC) approved the $80 billion merger of Praxair and Linde AG, the world’s second- and third-largest industrial gas suppliers. FTC Commissioner Rohit Chopra dissented from the decision to approve the merger with conditions, noting that it would stifle

Tagged under:

MEDIA ADVISORY: September 26, 2018 CONTACT: Mariam Ahmed, mariam.ahmed@berlinrosen.com   STATEMENT: Roosevelt Research Director Responds to New Leadership at FTC, Elevates Revolving Door   Following the hiring of Uber’s Global Chief Competition Counsel Gail Levine to the role of deputy director of the Federal Trade Commission’s (FTC) Bureau of Competition, Marshall Steinbaum, Research Director and

Tagged under: ,

America’s failing antitrust system is, in large part, to blame for today’s market power problem. Lax antitrust law and enforcement have allowed troubling trends like corporate consolidation to remain unchallenged, further embedding our skewed economy. In highly consolidated markets, consumers have limited choice and little power to pick their price, quality, or provider for the

FOR IMMEDIATE RELEASE: September 25, 2018 CONTACT: Mariam Ahmed, mariam.ahmed@berlinrosen.com   NEW REPORTS: REVIVING ANTITRUST FOR THE 21ST CENTURY ECONOMY Roosevelt Institute and Great Democracy Initiative Release Legislative Blueprint for Combating the Second Gilded Age   NEW YORK, NY – As concentrated corporate power threatens jobs and wages and worsens inequality, the Roosevelt Institute and

The State of U.S. Antitrust Law

On Friday, September 21, Roosevelt Chief Economist Joseph E. Stiglitz provided opening remarks at the ongoing Federal Trade Commission (FTC) hearings regarding competition and consumer protection in the 21st century. Professor Stiglitz called for a new antitrust standard, as outlined in an upcoming report co-authored by Roosevelt Research Director and Fellow Marshall Steinbaum. Watch the keynote here and

MEDIA ADVISORY: August 21, 2018 CONTACT: Kendra Bozarth, kbozarth@rooseveltinstitute.org   STATEMENT: Roosevelt Institute Fellow Responds to Bill Introduced by Sen. Elizabeth Warren to Curb Government Corruption   New York, NY – Today, Sen. Elizabeth Warren (D-MA) introduced legislation that would make sweeping changes to our country’s ethics and conflict-of-interest laws. The Anti-Corruption and Public Integrity

Tagged under: ,

MEDIA ADVISORY: August 15, 2018 CONTACT: Kendra Bozarth, kbozarth@rooseveltinstitute.org STATEMENT: Roosevelt Institute Policy Counsel Responds to Bill Introduced by Sen. Elizabeth Warren to Amplify Worker Voice New York, NY—Today, Sen. Elizabeth Warren (D-MA) introduced legislation that would require large corporations to consider the interests of employees and other stakeholders in their decision-making. The Accountable Capitalism Act

With $1.5 trillion in outstanding student debt, more than 8 million borrowers in default, and millions more delinquent on their repayments, the student loan system today is holding Americans back from economic opportunity and stability. Faced with such troubling trends, Department of Education Secretary Betsy DeVos should be focused on relieving these burdens for borrowers.

Many progressives have rightly criticized the Tax Cuts and Jobs Act (TCJA), also known as the Trump tax law, on the grounds that the TCJA will cost over $1.5 trillion in lost revenue over the next decade, at a time when there is already insufficient revenue being generated to meet our country’s pressing needs. Many others have