The U.S. House of Representatives is poised to vote as early as today on two significant tweaks to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank). The two measures, part of a package of changes incorporated into the Insurance Capital Standards Clarification Act of 2014, are small but important improvements and would represent the most significant effort so far to update the landmark financial reform bill.
It is considered by experts to be one of the biggest challenges facing the housing market today. The so-called “Millennials” – the generation following the once-considered-rudderless Generation X – has yet to move into the housing market en masse.
Dowell Myers, demographer with the USC Sol Price School of Public Policy, joined BPC’s 2014 Housing Summit to discuss how demographic trends will shape the US housing market and whether federal policy will anticipate the significant shifts taking place.
Little known prior to the 2008 financial crisis, the Federal Housing Administration is one mortgage market player that made it through the ordeal with its reputation intact and remains a central figure in the discussion over the future course of federal housing finance policy.
An article in POLITICO yesterday about its recent battleground polling is headlined “Poll: GOP has edge on immigration in midterms.” However, there is much more to the story than the headline. The poll showed deep ambivalence toward all parties on the issue of immigration.
Today marks the 20th anniversary of AmeriCorps, our country’s foremost domestic service program. Nearly 900,000 Americans have served their nation and communities through AmeriCorps, each pledging to get things done. In two decades, they have completed more than one billion hours of service and improved the lives of millions of Americans
Automatic enrollment is a powerful tool to combat non-participation. Workers in these plans automatically begin contributing to their defined contribution retirement account at the default rate unless they actively choose a different rate (or opt-out completely).
While the nation waits for President Barack Obama to announce his strategy for dealing with the threat posed by the Islamic State of Iraq and al-Sham (ISIS or, alternatively, ISIL)—the terrorist group that has seized land in Iraq and Syria, declared a caliphate, persecuted ethnic and religious minorities, and beheaded two American journalists—U.S. officials have been traveling the globe, seeking out partners to help shoulder the burden.
Last week, the Congressional Budget Office (CBO) released its score of S.1217, the Housing Finance Reform and Taxpayer Protection Act of 2014, which was approved by the Senate Banking Committee this past spring on a bipartisan basis. CBO estimates that the bill would decrease the federal deficit by $58 billion over the period from Fiscal Years 2015 to 2024 – though CBO cautions that those estimates are subject to significant uncertainty.
The latest report on Iran’s nuclear program by the International Atomic Energy Agency, the first since the expiration and subsequent extension of the interim deal, known as the “Joint Plan of Action”, suggests that Tehran is resorting to a preferred tactic: divisive diplomacy. Exploiting the fact that they are currently engaged in two ongoing diplomatic efforts—one by the P5+1 world powers to curb Iran’s nuclear program going forward and one by the IAEA to reveal the extent and nature of Iran’s past nuclear work—Iran is cooperating with one and thwarting the other.