Sarah Anderson

Sarah Anderson directs the Global Economy Project of the Institute for Policy Studies, a progressive multi-issue think tank, in Washington DC.

Articles by this author

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Monday, June 20, 2016 - 3:15pm
Too Big... and Failing
Bart Naylor likes to joke that when he accepted a job as a Wall Street lobbyist, he assumed he’d be making a big fat salary. Seven-digit paychecks have indeed become the norm. The three top lobbyists for the Securities Industry and Financial Markets Association, for example, each made in excess of...
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Wednesday, June 1, 2016 - 1:30pm
The Big Banks Can Be Beaten
When the 2008 financial crash slammed the New York City construction industry, Maribel Touré’s husband lost his job as an architect. On top of that, Maribel suffered a serious accident. But what really plunged the family into financial trouble was sending their daughter to college. As a child...
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Wednesday, April 6, 2016 - 1:45pm
Wall Street Should Pay a Sales Tax, Too
In case there was any doubt, the presidential election fight has confirmed that blasting Wall Street, even eight years after the financial crisis, is still a vote-getter. Hillary Clinton has said she’d like to jail more bankers. Donald Trump has skewered the hedge fund managers who are “getting...
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Tuesday, July 21, 2015 - 4:15pm
Is Wall Street Pay Too High?
As we reach the fifth anniversary of the Dodd-Frank Act , the Obama administration's thunderous attacks on Wall Street bonuses seem a distant memory. "I'd like to throw these guys in the brig," Vice President Joe Biden fumed when the big banks kept doling out large bonuses after the 2008 crash. "...
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Thursday, June 25, 2015 - 12:45pm
Six Ways TPP Opponents Have Won—Even as Fast Track Advances
I tried to stay emotionally distanced from this one. It didn’t work. When the White House and Republican leaders got the votes they needed in the Senate to advance “fast track” Trade Promotion Authority on Tuesday, June 23, it was crushing. Democratic congressional leaders did not roll over for...
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Monday, May 18, 2015 - 3:45pm
Civil War Rages On for Black America
Hundreds of African-American men marched to the White House this past Sunday. They were not wearing hoodies in honor of Trayvon Martin. They were not making the “hands up don’t shoot” gesture in honor of Michael Brown. They were wearing blue wool trousers and greatcoats, forage caps and cavalry...
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Tuesday, April 21, 2015 - 8:45am
Fast-Track: A Gut-Kick to the Progressive Movement
In a move that elicited a collective groan from virtually all of progressive America, the Obama administration and congressional Republicans reached a deal on April 16 on so-called “fast track” trade authority. This is the legislation needed to ram new trade agreements through the U.S. Congress...
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Wednesday, April 1, 2015 - 8:30am
Burning Our Bridges: Failing Infrastructure in the Age of Corporate Tax-Dodging
To generate funds to shore up our nation’s crumbling infrastructure, the U.S. Congress is considering giving corporations large tax cuts on their offshore profits. Under current law, corporations can defer U.S. tax payments on overseas earnings until they bring the profits to the United States. The...
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Thursday, March 12, 2015 - 8:45am
Off the Deep End: The Wall Street Bonus Pool and Low-Wage Workers
Wall Street banks handed out $28.5 billion in bonuses to their 167,800 employees last year, up 3 percent over 2013, according to new figures from the New York State Comptroller . These annual bonuses are an extra reward on top of base salaries in the securities industry, which averaged $190,970 in...
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Monday, March 9, 2015 - 8:15am
Study: Financial Tax Would Pay Off Big
Elected leaders in Washington are heading into another season of wrangling over the same old federal budget revenue shortfalls. But a number of European countries are looking forward to a revenue injection from a fresh and deserving source: high flyers in the financial markets. Eleven EU...
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