What We’re Reading in Financial Regulatory Reform, November 26

Financial Reform November 26, 2014

Happy Thanksgiving! As you gather with family and friends, we hope you enjoy this extended selection of readings from the financial regulatory world. As always, the views expressed in these articles do not necessarily represent the views of the initiative, its co-chairs, task force members or the Bipartisan Policy Center.

Immigration Executive Action by the Numbers

Matt Graham November 25, 2014

Last week, President Obama announced a series of executive actions on immigration. These new policies could affect millions of individuals, the largest group being unauthorized immigrants eligible for new “deferred action” programs that provide temporary protection from deportation. Separately, BPC has published an overview of the full slate of actions.

Obama’s Executive Action on Immigration Explained

Lazaro Zamora November 25, 2014

Last week, President Obama announced a series of administrative changes to the immigration system. The broad changes affect the unauthorized population, the legal immigration system, border security and interior enforcement. These actions will be carried out via series of memoranda from various cabinet secretaries that oversee different parts of the immigration system.

Murray and Ryan Propose New Commission on Evidence-based Policymaking

Ashley Ridlon November 24, 2014

The Bipartisan Policy Center commends Senator Patty Murray (D-WA) and Representative Paul Ryan (R-WI) for their bipartisan introduction of legislation that would create a “Commission on Evidence-based Policymaking.” This move precedes and could inform what is likely to be a multi-year effort on comprehensive tax reform.

Multiemployer Plans in Trouble

Brian Collins, Alex Gold November 24, 2014

In 2014, the Bipartisan Policy Center (BPC) launched the Commission on Retirement Security and Personal Savings, led by former Senator Kent Conrad and WL Ross & Co. Vice Chairman Jim Lockhart. The commission will consider and make recommendations regarding Social Security, pensions, defined contribution (DC) savings vehicles, strategies to generate lifetime income and other factors that affect retirement security.

Perspectives on the Future of Multifamily Housing

Housing November 24, 2014

Although the single-family housing recovery has been slow, the multifamily sector continues to be red hot. Single-family construction has yet to pass the halfway mark back to normal but by mid-2014 multifamily building had surpassed the long term trend of 340,000 units a year established in the 1990s and the first half of the 2000s.

10 Policy Proposals to Improve the Renewable Fuel Standard

Scott McKee, Stuart Iler November 21, 2014

In the time since the Renewable Fuel Standard (RFS) was first passed into law in 2005 (and later expanded in 2007), domestic biofuels production has risen and renewable fuels have increased as a percentage of the total U.S. transportation fuels supply.

Update on Iran’s Nuclear Program

Blaise Misztal November 20, 2014

Summary

  • Iran has enriched uranium in a next generation IR-5 centrifuge that, under the interim Joint Plan of Action, should likely have remained inactive.
  • Iran has also failed to convert roughly 1,000 kilogram of 3.5 percent enriched uranium into uranium oxide, as also required by the Joint Plan of Action.

Moving the Homeownership Needle

Mel Martinez November 20, 2014

As someone who has long believed in the power of homeownership both as a wealth-building tool for families and as a way to strengthen our nation’s communities, the latest homeownership figures from the U.S. Census Bureau were a bit of a jolt.

Meeting the Cyber Threat: The National Counterterrorism Center Model

Jessica Michek November 18, 2014

Thirteen years ago, the 9/11 attacks spurred the most significant reorganization of the U.S. intelligence community since 1947. This seismic shift saw the creation of: an entire Cabinet department, the Department of Homeland Security (DHS); a new coordinating agency for the U.S.