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Wells Fargo executives forfeit millions and CEO to forgo salary amid inquiry
Announcement comes three weeks after Wells Fargo agreed to pay $185m in penalties after an audit found the bank used aggressive, illegal sales tactics Wells Fargo executives will forfeit millions of dollars in the wake of revelations that the bank’s sales...PHIL MURPHY MAKES STATE BANK CENTERPIECE OF GUBERNATORIAL CAMPAIGN
Former Goldman Sachs executive also called for a higher minimum wage, tax breaks for those with lower incomes, and efforts to encourage high-tech. Democratic gubernatorial hopeful Phil Murphy called for a sweeping revision of state economic policies during a...At Fed’s Jackson Hole retreat, demonstrators push for economic change
It’s the day central bankers and top global financial figures have been waiting for. U.S. Federal Reserve Chairwoman Janet Yellen delivers long-awaited remarks to cap off the Jackson Hole Symposium. Outside the meetings, some demonstrators say full employment...Public Banks Could Break the Impasse Over Marijuana Money
With nearly a dozen state initiatives legalizing recreational marijuana on the November ballot, the market for legalized marijuana is certain to expand. But, because marijuana continues to be classified as a Schedule 1 drug by the Drug Enforcement Agency (DEA),...The High Toll of Being Poor in the U.S.A
Impoverished Americans face a myriad of problems unknown to the middle and upper class, the most significant of which are regressive costs. Officially, 14.8% of people in the United States live in poverty. Furthermore, 20% of Americans use alternative financial...
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Episode: Everyone deserves a public bank
Join those who’ve endorsed a Public Bank for New Mexico
“I had the good fortune to work on this initiative before Bernie kidnapped all my time. This is one of those no-brainer initiatives that only the 1% could oppose. It has the potential to save the state millions of dollars by vastly reducing the cost of its bonds to improve infrastructure funding. in a public bank, our state funds can be used to build our local economy and our local infrastructure.”
– Paul Gibson
Retake Our Democracy