May 07, 2024
Advocates Urge National Association of Insurance Commissioners and Federal Insurance Office to Ensure Public Access to Data
The Revolving Door Project joined other groups in calling on state and federal insurance officials to make the property insurance data now being collected available to the public.
April 26, 2024
The U.S. Midwest's Home Insurance Crisis Should Be a Wake-Up Call
Soaring premiums, denied claims, and disappearing coverage in Iowa and elsewhere underscore the need for progressive interventions to reduce climate risks and redistribute costs.
April 18, 2024
PODCAST: RDP's Kenny Stancil Talks Home Insurance On Arnie Arnesen Attitude
RDP Senior Researcher Kenny Stancil joined Arnie Arnesen to discuss a pair of co-authored pieces on the escalating climate-insurance-housing crisis.
April 16, 2024
RELEASE: New Report Details How the National Association of Insurance Commissioners Impedes Effective Climate Action
The NAIC exists primarily to stave off federal regulation while setting the lowest possible bar for state regulators, who are often captured by industry interests.
April 16, 2024 | The American Prospect
Democrats Must Start Distinguishing Themselves on Insurance Policy
Amid a crisis for homeowners, Democrats have done little while Republicans pursue an agenda of bailouts and deregulation.
April 05, 2024
Maybe Financial Regulators Shouldn’t See The Best In Everyone
Last Friday, former FDIC Chair Sheila Bair decided to offer her two cents on the broader conversation surrounding the recent sentencing of Sam Bankman-Fried . Her takeaway from SBF’s trial and conviction on seven counts of fraud and conspiracy? We need financial literacy classes for children.
April 05, 2024
Kenny Stancil Timi Iwayemi Jeff Hauser
Press Release Climate and EnvironmentFederal ReserveFinancial Regulation
RELEASE: When It Comes To Climate-Related Financial Risk, The Fed Needs To Get Its Head Out Of The Sand
Biden erred with his renomination of Powell, but if he gets another chance, he must choose a central bank leader dedicated to properly tackling the myriad challenges facing the Fed, which range from price stability and full employment to financial stability and climate-related financial risk.
April 05, 2024
Civil Society Comments on the Disclosure of Climate-Related Financial Risks
Disclosure of climate-related financial risks is critically important for investors, banks and other financial institutions, regulators, and the broader public.
March 27, 2024 | Jacobin
Jerome Powell’s Fingerprints Are on the Next Banking Crisis
One year after the collapse of Silicon Valley Bank, Federal Reserve chair Jerome Powell is obstructing the finalization of tougher capital requirements for banks — and increasing the chances of more turbulence.
March 15, 2024 | Common Dreams
Trump Lackeys Run to Rescue Ailing Bank in Predictable—And Telling—Move
Political reporters must explain the consequences likely to ensue if Steven Mnuchin, Joseph Otting, or their pro-Wall Street doppelgangers return for a second Trump administration.
March 07, 2024
RELEASE: Top Trump Officials’ Latest Move a Reminder of Trump’s Prioritization of Wall Street
Campaign coverage should feature more questions about who would again feature in a second Trump Administration.
March 05, 2024 | The Sling
The Proposed Merger of Capital One and Discover Deserves Rigorous Scrutiny
Last month, Capital One announced that it plans to purchase Discover in a deal worth $35.3 billion. For their campaign to secure regulatory approval, Capital One is trying to act like a benevolent pro-consumer company that will use economies of scale to lower interest rates and ramp up competition with Visa and Mastercard. But that’s probably baloney.
February 05, 2024
Will Jay Powell’s Cheerleaders Ever Admit They Were Wrong?
Soon after Biden renominated Powell, the ostensibly dovish Fed chair embarked on the most intense and sustained series of rate hikes in decades. We were told that this wouldn’t happen!
February 02, 2024
Conspiracy (Taylor’s Version): On Conservative Crazies, The Media Definition of “Economist,” And Our Humble Little Clown Show
On Conservative Crazies, The Media Definition of “Economist,” And Our Humble Little Clown Show
January 29, 2024 | The Sling
To Save the Planet, Biden Should Not Renominate Powell
Inflation is falling, but Jerome Powell has nothing to do with it. Our democracy and climate face mounting instability—and he has everything to do with that.