Report Category: Policy & Analysis
Polling Memo: Voters Support Strong Consumer Financial Protections and Tough Regulation of Wall Street
Voters across all political parties are broadly and intensely supportive of strong consumer financial protections and of tough regulation of the financial services industry. This sentiment extends not only to keeping existing measures in place but expanding on what Congress did a decade ago, and has proved durable throughout the period since the 2008 financial crisis, through the weak recovery that followed and into the searing recession caused by the COVID-19 pandemic.
Fact Sheet: Real Estate Tycoons Benefit from Billions in Tax Breaks
The federal tax code includes many tax breaks and loopholes that provide tremendous cash benefits to real estate investors, developers, and corporate landlords. Closing these loopholes would generate billions of dollars in revenue.
The Cost of the 2008-2010 Financial Crisis in Sixteen Charts
Sixteen charts showing the lasting impact of the financial crisis on family finances and inequality.
FACT SHEET: Banking on Surveillance: The Libra Black Paper
Because Faceboook’s active-user network alone represents more than a third of the global population, its ambitions raise the spectre of systemic risk not only in the United States, but across jurisdictional lines. Indeed, a global stablecoin system like the Libra project could pose especially substantial risks to certain developing economies, where Libra Coins could functionally replace the local currency.
Private Equity Industry Poised to Profit from the Federal Reserve’s New Lending Programs
Private equity funds could access government assistance for their portfolio companies while avoiding any responsibility to repay any debt or obligations to the public purse. Private equity firms could also tap government aid to finance leveraged buyout purchases of additional companies, using public money to load target companies with debt and drain their assets while avoiding any responsibility for paying that debt back.