CPD In The News

Today marks the 78th anniversary of the Fair Labor Standards Act, the law that gave us the minimum wage and a host of other protections to protect workers from the most cutthroat tendencies of capitalism.

“Today we suffer, in November we vote,” dozens of protesters chanted in front of City Hall this afternoon.

 The outrage sparked by the defeat of President Obama’s effort to shield millions of immigrants from deportation morphed Friday into a promise of political action.

The U.S. Supreme Court has deadlocked on President Barack Obama’s executive order on immigration.

Karla Cano faces uncertainty. She had expected to qualify for deferred action under the Obama administration’s executive orders on immigration. But a tied decision by the U.S. Supreme Court creates uncertainty for Cano and her family.

Federal Reserve Chairwoman Janet Yellen delivered her semiannual testimony on the U.S. economy and monetary policy to the Senate Banking Committee Tuesday.

Federal Reserve Chair Janet Yellen on Tuesday committed to increasing diversity at the central bank, particularly within the Fed’s leadership ranks.

The Federal Reserve faces criticism from lawmakers and others over its record on diversity at the same time the central bank is highlighting the economic outlook for minority groups.

Around this time last year, as another white male took the reins at the Federal Reserve Bank of Philadelphia, the Fed’s archaic and opaque system of choosing its regional presidents started to come under fire. At first the criticism was over the way the system appeared to favor insiders.

Oh, what a difference a year can make.

Last July, Federal Reserve chairwoman Janet Yellen endured criticism for House testimony in which she seemed to imply that there was little the Fed could do to address the disproportionately high African-American unemployment rate.