BPC Blog

This Tuesday and Wednesday, the House Financial Services Committee marked up several bills that would have important positive impacts on the way the Consumer Financial Protection Bureau operates. Three of those bills would implement changes that mirror recommendations made in BPC's September 2013 report, The Consumer Financial Protection Bureau: Measuring the Progress of a New Agency.

The switch from defined benefit to defined contribution has shifted responsibility from employer to employee

The number of companies offering any sort of defined benefit (DB) retirement plan of the sort that used to be common for employees of large unionized companies has steeply declined over the last few decades. DB plans guarantee retirees a specific cash benefit, often defined as a percentage of average salary during the final few years of employment, for the duration of their retirement. Even the prosperous companies on the Fortune 100 list in 2013 have been quickly shedding DB plans since the late 1990s.

As the United States and other world powers continue to negotiate a comprehensive agreement with Iran over its nuclear program, the latest report of the International Atomic Energy Agency (IAEA) indicates that Iran is complying with the interim deal, known as the “Joint Plan of Action” (JPA), that went into effect on January 20, 2014. As reports suggest that talks have thus far failed to bridge major gaps between the P5+1 and Iran, it appears increasingly likely that the JPA will be extended another six months beyond the July 20 deadline and that the status quo described in the IAEA report will continue.

The U.S. Environmental Protection Agency’s (EPA) Clean Power Plan sets state-by-state CO2 emission rate goals that must be met by 2030. These state goals are based on an EPA formula that includes efficiency improvements at coal-fired power plants; increased generation from existing natural gas combined cycle units; generation from renewable energy sources and nuclear power; and demand side energy efficiency investments. While the emission rate targets are built off of these EPA building blocks, the proposal does not prescribe what tools the states must use to meet their goals.

How have shared equity housing models created positive impacts on the supply of affordable housing?


Shared Equity Models Fill A Vital Place in the Housing Continuum
By Jeff Lubell

Shared equity models fill a vital place in the housing continuum between rental housing and traditional homeownership. Shared equity homeowners receive most of the benefits of traditional homeownership, including: security of tenure (no one can force you out so long as you pay your mortgage on time), ability to modify the home to fit your needs, increased affordability over time (due to fixed mortgage costs) and the ability to build wealth through the forced savings and high leverage of a 30-year fixed rate mortgage.

Key details on the EPA's new proposal regulating carbon dioxide emissions

Prior to the release of the U.S. Environmental  Protection Agency’s (EPA) proposal regulating CO2 emissions from existing power plants, the Bipartisan Policy Center’s Energy Team released a summary of the top five things to look for in the rulemaking. Now that the proposal is out, we revisit our top five list and fill in the key details.

Could you come up with $2,000 in 30 days?

Roughly 44 percent of Americans say they are not prepared to meet emergency expenses. When asked if they could come up with $2,000 in 30 days, one-quarter of the people surveyed said that they were certain that they could not. An additional 19 percent responded that they would be forced to sell possessions, such as cars, furniture, or their homes, to do so.

Personal savings

The proposed commission would seek a bipartisan and viable way to ensure the program’s long-term fiscal solvency

Last week, Reps. Tom Cole (R-OK) and John K. Delaney (D-MD) introduced a bill that would create a bicameral, bipartisan commission tasked with producing recommendations to improve the long-term solvency of Social Security.

In a 2005 interview with BPC's Blaise Misztal, Jaruzelski offered insights into both the conditions for and challenges to democracy

General Wojciech Jaruzelski, the Polish leader who passed away on May 25, 2014, was a paradox, a man torn between two worlds. He was the brutal enforcer of a totalitarian system and yet, eventually, tacitly consented to that system’s demise. But as a pivotal player in and witness to one of the most successful democratic transitions of the last quarter century, he also had a unique and still relevant perspective.

After 25 years of development and growth, Poland is now poised to serve as a model in its region

The future of European expansion is in question and, although the Ukrainian crisis has refocused attention on U.S.-European security cooperation, the transatlantic relationship has increasingly been marked by disagreements, including over: surveillance, free trade, security spending and sanctioning Russia.

U.S. Poland Transatlantic Relations


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