After their decades of hard work, Americans deserve to retire with dignity and security. The proposed Department of Labor Best Interest Rule will help them do just that if we can just get it over the finish line and beat back selfish opposition coming from within parts of the financial services industry.
For too long, people have assumed that correction officers' unions, by their very nature, must oppose justice reform. This assumption is based on the belief that decarceration is a zero-sum game and unions benefit from mass incarceration. But this isn't true; strong correctional unions are essential to justice reform.
On this fifth anniversary of the Dodd-Frank Act, I wish I was writing a congratulatory letter to all the regulatory agencies in Washington, D.C. for its successful implementation. Instead, I'm expressing the frustration of millions of working families who believe there is a lot of work still to be to done to rein in Wall Street excess.
When a nonviolent offender spends a decade or more of their life behind bars because of mandatory minimum sentencing, no one benefits. When those who have paid their debt to society cannot find housing or a job, the entire economy suffers. When a generation of young Americans advance through our prison system instead of our school system, our nation is weaker for it.