ADVISORY: Workers or Wall Street? What the Boom in Stock Buybacks Means for Working Americans

Washington, D.C. — Corporate share buybacks stand at the intersection of multiple policy debates around for whom America’s economy is working: workers, communities, or Wall Street. Many Wall Street leaders and corporate executives are so focused on extracting ever larger short-term payouts that companies are slashing productivity-enhancing investments in their long-term future—and especially in their workers. As...

RELEASE: Supreme Court Upholds Principle That Businesses Must Serve Public on Equal Terms, Despite Narrow Ruling for Baker, Says CAP’s Laura E. Durso

Washington, D.C. — Today, the U.S. Supreme Court issued its opinion in Masterpiece Cakeshop v. Colorado Civil Rights Commission, the case in which a bakery refused to provide a wedding cake to a same-sex couple simply because they were gay. While the court narrowly ruled against the couple, the 7-2 ruling stressed that LGBTQ people...

RELEASE: New CAP Brief Sheds Light on Why People Continue to Flee Latin America

Washington, D.C. — As the Trump administration’s policy to separate children from their families at the border has brought public attention to the refugee crises, a new CAP issue brief provides clear data laying out why many families and children from Latin America are seeking refuge in the United States today. The brief reveals that asylum applications registered...

STATEMENT: CAP Economist Michael Madowitz on the May 2018 Jobs Report

Washington, D.C. — Michael Madowitz, an economist at the Center for American Progress, released the following statement today after the U.S. Bureau of Labor Statistics released the Employment Situation figures for May 2018: The U.S. Department of Labor reports the economy added 223,000 jobs in May, with the unemployment rate falling to 3.8 percent. Wages grew 3.7 percent over...

STATEMENT: CAP’s Andy Green on Fed’s Volcker Rule 2.0 Vote

Washington, D.C. — Today, the Federal Reserve Board was the first of five agencies to issue a joint proposed rule that would substantially revise the Volcker Rule. Andy Green, the managing director of Economic Policy at the Center for American Progress, released the following statement: The Volcker Rule seeks to establish the basic principle that...

EVENT ADVISORY: Gov. Steve Bullock (D-MT) to Speak on Money in Politics

Washington, D.C. – In 1906, a Montana newspaper wrote, “The greatest living issue confronting us today is whether the corporations shall control the people or the people shall control the corporations.” Over a century later, America is grappling with the aftermath of the Supreme Court’s devastating Citizens United v. FEC decision as well as an electoral system...

RELEASE: Do Americans Trust the Trump Government? New Polling from CAP and Hart Research Associates Examines Shifting Levels of Confidence in the Federal Government

Washington, D.C. — New polling conducted jointly by the Center for American Progress and Hart Research Associates finds that the perceived positive impact of and trust in government has cratered among self-identified Democrats and risen significantly among self-identified Republicans since the end of the Obama presidency and the start of the Trump administration. Partisan attitudes about the government's...

STATEMENT: Trump-Pence Domestic Gag Rule Would Deny Millions of Women Access to Health Care and the Ability to Make Medically Informed Decisions

Washington, D.C. — Last night, the Trump administration issued a proposed rule that viciously targets Title X providers, including Planned Parenthood and the millions of women served by the program. Jamila Taylor, a senior fellow at the Center for American Progress, issued the following statement following the proposed rule’s publication: The proposed rule just issued...