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Latest PRESS RELEASES
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- Press Release
- Economic Development Tax Incentives
Pew: States Create Fiscal Risks by Failing to Control Tax Incentive Costs
Even in tight fiscal conditions, state lawmakers often approve tax incentives for economic development without reliable estimates of their budget impact or limits on their annual cost, a new report from the Pew Center on the States shows. more
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- Press Release
- Safe Checking in the Electronic Age
More Than Half of Top 12 U.S. Banks Now Use Pew’s Model Checking Disclosures
SunTrust voluntarily adopted The Pew Charitable Trusts’ disclosure summary for checking accounts today, becoming the seventh of the 12 largest banks in the country now using the simple disclosure box. Currently, this consumer-friendly information is available to over 40 percent of the US market, by deposit volume. more
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- Press Release
- Safe Checking in the Electronic Age
Pew Report: Most Banks Limit Consumer Options for Dispute Resolution in Checking Accounts
The Pew Safe Checking in the Electronic Age Project today released Banking on Arbitration: Big Banks, Consumers, and Checking Account Dispute Resolution, a report that examines the 100 largest financial institutions’ dispute resolution clauses as well as consumer attitudes about these procedures. more
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Opinions
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April 16, 2013
Sacramento Bee: Editorial: An Incremental Step to Stem Payday Loans
Sacramento Bee edititorial: California's $3.3 billion payday lending industry preys on the poor and the financially unsophisticated. Attempts to rein it in have failed. California remains among the most permissive states when it comes to payday lending. more
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- Opinion
- Prepaid Cards Research Project
USA Today: Be Wary of Prepaid Card Protection
Policymakers can -- and should -- require prepaid card issuers to acquire FDIC insurance.
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- Opinion
- Election Initiatives
Governing Magazine: Building an Election System That Works
Sue Urahn: To achieve an election system that is convenient, accurate and fair, state and local leaders need data to review and track their voting processes—from registration to ballot counting.
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Media Coverage
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- Media Coverage
- Economic Development Tax Incentives
Atlanta Journal-Constitution: Incentives for companies in Georgia sometimes don’t deliver promised jobs
Hungry for jobs, Georgia has spent hundreds of millions of public dollars in the last decade on grants to recruit and retain businesses. more
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- Media Coverage
- Economic Mobility Project
National Journal: The American Dream, Downsized
Middle-class Americans are much more concerned about holding onto what they’ve got than in pursuing more. The Pew Economic Mobility project, the Allstate/National Journal Heartland Monitor Poll, and other studies have arrived at similar conclusions. When Pew asked Americans in 2011 if they preferred financial stability or moving up the income ladder, 85 percent of respondents chose the safer, surer future. more
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- Media Coverage
- Safe Small-Dollar Loans Research Project
Akron Beacon Journal: Convenient Trap
The Pew Charitable Trusts issued a report on payday-loan borrowers in February that said: “The choice to use payday loans is largely driven by unrealistic expectations and by desperation. Borrowers perceive the loans to be a reasonable short-term choice but express surprise and frustration at how long it takes to pay them back.” more
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