Justice Doesn’t Trickle Down, Trump’s Budget, the CFPB, and More

May 26, 2017

The Roosevelt Rundown is an email series featuring the Roosevelt Institute’s top 5 stories of the week.

1. Future is Female

In partnership with the Ms. Foundation for Women, Roosevelt Fellow Andrea Flynn writes in our new report that progressives can’t abandon identity politics for a class-only economic approach. We need a woman-focused and women of color-led economic agenda that is broad, deep, and intersectional. Read more in Salon and Rewire.

2. Trump’s Immoral Budget

Trump’s budget lacks decency, economics and, at a basic level, math. “It’s full of both broken and false promises” and “it will harm America’s most vulnerable,” said Roosevelt Fellow Michael Linden and President & CEO Felicia Wong. And finally, Roosevelt’s Chief Economist Joseph Stiglitz called the budget a “collection of lies that doesn’t make economic sense.”

3. Fate of the CFPB

Roosevelt Fellow Mike Konczal joined Bloomberg Radio’s Greg Stohr on “Bloomberg Law” to discuss the fate of the Consumer Financial Protection Bureau, which is currently in the hands of a D.C. appeals court. Listen here.

4. Ideas for Energy & Environment

The Roosevelt network rolls out their fifth week of this year’s top student-generated policy ideas from across the nation with a selection of proposals for energy and the environment, including cleaning up our drinking water, using a carbon tax to create jobs and retrain workers, and lowering vehicle emissions.

5. UBI Gets a Thumbs Up

Facebook founder Mark Zuckerberg is the latest thought leader to back the idea of a universal basic income. We recently released a report (with coverage in Fast Company) on the behavioral effects of an unconditional cash transfer. The results show some promise for the idea.

What We’re Watching:

In a speech on the removal of Confederate monuments, New Orleans’s Democratic mayor Mitch Landrieu delivered one of the most honest speeches on race from a white Southern politician in a very long time. This one is for the ages. Watch his speech here.

What We’re Reading

No matter how you look at it, the pay gap between corporate executives and most everyone else in America keeps getting bigger. The New York Times takes a look at the top executives who have Trump’s ear, and how unions are playing a role in reversing this ever-widening gap.