STATEMENT: Trump Administration Wants to Gut High-Quality Workforce Training, Says CAP’s Carmel Martin

Washington, D.C. — Carmel Martin, executive vice president for policy at the Center for American Progress, released the following statement today after the Trump administration released new details around its apprenticeship and job training agenda: The Trump administration is commemorating “workforce development week” just after releasing a budget that would decimate funding for employment and...

RELEASE: Emerging Senate ACA Repeal Bill Eviscerates Protections for Millions in Employer Plans Nationwide

Washington, D.C. — A new column from the Center for American Progress estimates that the rumored Senate Affordable Care Act (ACA) repeal bill—which a group of senators are currently writing in secret—would erode or eliminate financial protections for about 27 million workers and their dependents, including individuals on large-employer plans. Nearly 27 million people with employer-based...

STATEMENT: Fed’s June Rate Hike Bolsters the Case for Reassessing Its 2 Percent Inflation Target, Says CAP Economist Michael Madowitz

Washington, D.C. — Today, the Federal Reserve announced its intent to raise interest rates by 0.25 percent, or 25 basis points. The announcement arrives after the Federal Open Market Committee (FOMC) met yesterday and today in Washington. Last week, economists from the Center for American Progress joined with a group of more than 20 prominent...

RELEASE: New CAP Analysis: Trump’s Budget for the EPA Would Blow a Billion-Dollar Hole in State Budgets

Washington, D.C. — The Trump administration’s proposed fiscal year 2018 budget for the Environmental Protection Agency (EPA) dumps the work of 23 eliminated programs into the laps of state environmental agencies while significantly shrinking the grant funding that helps them fulfill their missions, according to a new analysis released today by the Center for American...

RELEASE: Comprehensive CAP Interactive Illustrates Trump’s Conflicts of Interest in 25 Countries Around the World

Washington, D.C. — A comprehensive new project from the Center for American Progress illustrates President Donald Trump’s sweeping potential conflicts of interest that span the globe. While Trump has claimed that “the president can’t have a conflict of interest,” there is clear and compelling evidence that Trump may be using the presidency to maximize his...

STATEMENT: CAP’s Marc Jarsulic on Treasury’s Financial Regulation Report

Washington, D.C. — Marc Jarsulic, vice president of economic policy at CAP, released the following statement on a U.S. Department of the Treasury report that outlines recommendations for regulatory reform. The report—which recommends a slew of rollbacks to the post-crisis financial regulatory framework, including bank capital and liquidity requirements, stress testing, housing regulations, and consumer protection safeguards—arrives...

STATEMENT: 9th Circuit Ruling Strikes Devastating Blow to President Trump’s Discriminatory Muslim Ban, Says CAP’s Tom Jawetz

Washington, D.C. — Today, the 9th U.S. Circuit Court of Appeals became the latest court to recognize the discriminatory intent behind the Trump administration’s Muslim and refugee ban, striking it down as unlawful. This comes just a week after President Donald Trump stated that his executive order restricting travel from six Muslim-majority countries was indeed...

RELEASE: Senate Bill Would Weaken Protections for Pre-Existing Conditions

Washington, D.C. — While Senate Majority Leader Mitch McConnell (R-KY) continues to hold closed-door discussions around the Senate Republican version of the deeply unpopular American Health Care Act (AHCA), a new column from the Center for American Progress uses reported details of the plan to outline how the bill would critically weaken protections for individuals with pre-existing...

RELEASE: Trump’s Paid Parental Leave Proposal Is Set Up to Fail

Washington, D.C. — Last month, President Donald Trump released his first budget proposal, which contains deeply punishing cuts to crucial programs for women and families. Also included in Trump's budget is a paid parental leave proposal that would require states to provide six weeks of paid parental leave for parents welcoming the birth or adoption...

STATEMENT: Comey Testimony Confirms Pattern of Obstruction by Trump, Says CAP’s Neera Tanden

Washington, D.C. — Neera Tanden, president and CEO of the Center for American Progress, released the following statement today after former FBI Director James Comey's testimony before the Senate Select Committee on Intelligence: James Comey’s testimony confirms a pattern of obstruction by President Trump, who has repeatedly tried to undermine the FBI’s investigation. Trump’s firing of...

RELEASE: New CAP Report Quantifies Taxpayer Losses from Rolling Back Gainful Employment Rules

Washington, D.C. — A new issue brief from the Center for American Progress shows how enforcing the gainful employment rule—a regulation that cuts off aid eligibility for career training programs with high levels of indebtedness relative to earnings—could save taxpayers $1.5 billion in reduced future loan forgiveness costs. And that is based on just one...