Adam Hersh, a senior economist at the Economic Policy Institute, commented on the bill’s impact, saying, “Americans understand that they are not getting the tax cuts that were made in the bill. Those are all aimed at the wealthiest people and the largest corporations.”
Hearst TV
September 2, 2025
If she is removed, it would open the path for Trump nominees to hold a majority on the Fed’s board, which the Economic Policy Institute warned against in a statement Tuesday.
“Presidential capture of the Fed would signal to decision-makers throughout the economy that interest rates will no longer be set on the basis of sound data or economic conditions—but instead on the whims of the president,” the group said.
NBC News
September 2, 2025
Union avoidance work, or what critics call union-busting, isn’t strictly illegal in the U.S. In fact, it’s a lucrative industry, according to the Economic Policy Institute, with employers shelling out at least $400 million annually to prevent unionization.
Orlando Weekly
September 2, 2025
According to the Economic Policy Institute’s 100 days, 100 ways report, the administration has taken steps to make most US workers and their families substantially poorer in the coming years. Trump has rescinded an executive order that gave 390,000 low-wage federal contractors a living wage, terminated DOL grants that fight forced and child labor and promote workers’ rights, delayed the enforcement of a rule intended to protect coal miners from exposure to silica, and more.
KALW San Francisco
September 2, 2025
A 2023 report by the Economic Policy Institute found that states across the country are weakening child labor laws at the same time that violations are on the rise. The number of children working in violation of state law increased by 37 percent in the past year. Instead of cracking down on the violators, many states are weakening the laws.
KRWG Public Radio (New Mexico)
September 2, 2025
Economists warned of broader risks if political control expands. The Economic Policy Institute said “presidential capture of the Fed” would mean interest rates are based not on data but on “the whims of the president.” Elizabeth Wilkins, a former senior official at the Federal Trade Commission, said weakening the Fed “will make markets less stable and fuel inflationary pressures.”
MPA Magazine
September 2, 2025
“Investors will demand higher premiums to hold on to U.S. Treasury bonds (and other long-term bonds), because without faith that the Federal Reserve will tamp down inflationary pressures when they appear, they will need reassurance—in the form of higher long-term interest rates—to hold on to these investments,” wrote Heidi Shierholz, president of the progressive Economic Policy Institute think tank, in a commentary.
Investopedia
September 2, 2025
“Presidential capture of the Fed would signal to decision-makers throughout the economy that interest rates will no longer be set on the basis of sound data or economic conditions — but instead on the whims of the president,” the Economic Policy Institute said in a statement.
“Confidence that the Fed will respond wisely to future periods of macroeconomic stress — either excess inflation or unemployment — will evaporate,” it added.
NBC News
September 2, 2025
Both before and after the pandemic, support for unions among the general public has been rising, according to the left-leaning Economic Policy Institute. That coincides with a rise in labor actions within the waste and recycling industry, experts say.
Waste Dive
September 2, 2025
According to the Economic Policy Institute, a left-leaning think tank that tracks minimum wage data nationwide, the current highest minimum wage in the country is $21.16 in Burien, Washington. Several other municipalities in that area — including Seattle; the suburban cities Renton, SeaTac and Tukwila; and King County — have their own minimum wages north of $20 per hour.
Portland Press Herald
September 2, 2025