A great crack in America's middle class came to light recently: While our country continues to lead the world as the richest nation, our middle class, once the most affluent in the world, has fallen behind. According to an analysis...
Today, I cast my vote on the Senate Banking Committee for Stanley Fischer to serve in the No. 2 position at the U.S. Federal Reserve. I asked Fischer tough questions - in person, at his nomination hearing, and...
I honestly can't believe that we're still arguing over equal pay in 2014.
When I started teaching elementary school after college, the public school district didn't hide the fact that it had two pay scales: one for men and one...
In December, I wrote to the heads of six of the country's biggest financial institutions with a simple request: that they voluntarily disclose the financial contributions their companies make to think tanks. This disclosure would help make sure shareholders, policymakers,...
Homeowners across Massachusetts received some good news last week: President Barack Obama signed into law the bipartisan Homeowner Flood Insurance Affordability Act, which will help protect millions of families here in the Commonwealth and across the country from huge increases...
I have 17 million reasons for wanting to increase the minimum wage. Yes, 17 million-the number of children whose lives would be a little more secure if their moms and dads earned at least $10.10 an hour.
...This is a special moment in history. In August, we commemorated the 50th anniversary of the March on Washington for Jobs and Freedom, when Dr. Martin Luther King Jr. shared his dream of equality and called for action. Later this...
Last week, the Democratic women senators stood together at an amazing event where we delivered a very important message: No American woman should ever work a full-time job and still raise her children in poverty.
...The poor pay more.
According to a report put out this week by the Office of the Inspector General (OIG) of the U.S. Postal Service, about 68 million Americans -- more than a quarter of all households -- have no...
Families purchase flood insurance so they don't lose their homes in a bad storm. But now, because of changes to FEMA's flood maps and unexpected insurance rate hikes, many families fear that the price of flood insurance could be just...
A generation ago, middle-class families were able to put away enough money during their working years to make it through their later years with dignity. On average, they saved about 11 percent of their take-home pay while working. Many paid...
For a generation now, working families have been squeezed by stagnant wages and rising costs for housing, health care, and college. Even as families have cut back on expenses for things like food, clothing, furniture, and appliances, it hasn't always...