New America on Ownership and Assets

Easy Access to Our Work and Experts on This Issue

Getting ahead in today's economy depends not just on one's job and income, but increasingly on one's ability to accumulate and utilize assets -- to buy a home, pay for higher education, start a business or save for retirement. Yet more than half of all Americans currently have few or no assets for investment. New America advances innovative policies -- such as a "Homestead Act" for the 21st century that would provide every American child financial assets from birth -- to significantly expand economic opportunity, thereby giving all Americans a personal stake in the overall success of our economy.

New America's recent articles, events, policy papers and press coverage on this topic are available below, as is information on our staff and fellows with expertise in this area. To learn more about New America's ideas, proposals and activities, please see our Asset Building Program home page.

Policy Papers

New America's latest official publications on this issue are featured below.

The Assets Agenda

The current economic downturn, triggered in part by excessive household debt and deflating housing prices, underscores the central role asset ownership plays in the economic security of American families and the broader economy. Broad asset ownership, whether through savings or investment, has the potential to connect economic opportunity with economic security and ensure that every member of society is afforded a real stake in the commonwealth. Assets are important not only because they can be deployed productively or tapped to help individuals and families weather unexpected events, but… more

Child Savings Accounts: A Primer

Executive Summary 

Poverty reduction strategies increasingly focus on the importance of creating financial assets. Child Savings Accounts (CSAs) are a novel and promising tool that builds on that focus by promoting savings starting at a young age. Child Savings Accounts (CSAs) exist as policies, products, and programs, and are being offered by governments, financial institutions, and non-profits for a variety of purposes.

This primer aims to provide an overview of the concept of CSAs, various purposes for and features of the accounts, impacts CSAs can have on a child's development,… more

Jamie M. Zimmerman | August 1, 2008

Child Savings Accounts: Global Trends in Design and Practice

INTRODUCTION

Child Savings Accounts (CSAs) exist as policies, products, and programs, and are currently being offered by governments, financial institutions, and non-profits. CSAs are more than basic savings accounts. What distinguishes CSAs from standard savings accounts is the degree to which they serve as means to an end-most often to spur the social and/or economic development of children. Another distinguishing feature is they are often intentionally targeted to children of low- and moderate-income families (as opposed to only children of middle-class… more

Global Savings, Assets and Financial Inclusion

Foreword

In 2000, 196 Member States of the United Nations committed themselves to halve extreme poverty in the world by the year 2015. Since then, broad availability of well-designed and appropriately delivered financial services and products, including those that lead to savings and productive assets, has become increasingly recognized as essential to alleviating poverty and fostering economic security and opportunity. Yet eight years later (and with less than eight years remaining to reach this goal), some three billion people worldwide… more

Jamie Zimmerman, Ray Boshara | July 30, 2008

Asset Building Program in California

The purpose of New America's Asset Building Program is to significantly broaden savings and assets ownership in America, thereby providing all Americans both with the means to get ahead and with a direct stake in the overall success of our economy. While pursuing an ambitious policy agenda at the federal level, we recognize that it is at the state level, in our nation's ‘laboratories of democracy', where the most innovative policies are often enacted. For a summary of the legislative initiatives New America's Asset Building Program in… more
July 24, 2008

AutoSave Overview

The overview below revisits the proposal explored in a July 2006 Working Paper by Reid Cramer. Please click here to access that document, or see below for the updated overview.

AutoSave Overview

AutoSave is a unique savings plan that automatically diverts through payroll deduction a small amount of post-tax wages into a savings account. AutoSave's design incorporates key factors that encourage saving, such as facilitation of automatic transfers to a savings account through an existing system (here, payroll deduction) and use of… more

Golden Dream Accounts

As the percentage of workers covered by traditional employer pension plans has plummeted in recent years, saving has become the only path to secure retirement income beyond social security. Although a significant proportion of employers now offer their workers a tax advantaged retirement savings product like the 401(k), tens of millions of workers nationwide simply do not have access to an employer sponsored retirement savings plan. In addition, individual retirement accounts (IRAs) and other retirement products offered by private… more

Rourke O'Brien | May 14, 2008

How Much Does the Federal Government Spend To Promote Economic Mobility, And For Whom?

In an economically mobile market economy, individuals and families are able to raise their private incomes, wealth, and ability (sometimes referred to as human capital) over time and across generations. In the United States, many associate economic mobility with the pursuit of the American Dream. Education, work experience, and saving enhance the opportunity for upward economic mobility. To this end, many federal spending and tax expenditure or tax subsidy programs aim to enhance economic mobility. But exactly how much does the… more

Adam Carasso | April 17, 2008

Financial Services Corps

Today’s complex financial marketplace makes it increasingly difficult for individuals to understand and navigate the array of products and services available from a variety of financial service providers. For low to middle income individuals who have fewer financial resources to begin with, a solid grounding in personal finance and a clear understanding of the options and implications of one’s financial decisions are all the more critical.

While there is a wide range of financial education curricula available, there is a dearth… more

Melissa Koide | April 2, 2008

The Assets Report 2008

The purpose of this annual report is to summarize and take stock of the current state of federal policy through an asset-building lens, especially as it affects the asset base of families with lower incomes and fewer resources, which is the focus of our work. The report is divided into three sections. The first is a review of policy developments from the past year related to asset building, highlighting administration action and significant legislation, including assets-related bills introduced in… more

Rethinking Social Insurance

The single greatest threat to the fiscal health of the United States is the runaway growth of the nation’s major retirement and health care entitlement programs. Social Security and Medicare are projected to grow from 7.5 percent of GDP today to almost 13 percent of GDP by 2030. Already, the two programs consume over a third of the federal budget. The total present value of costs that will exceed earmarked revenues of Social Security and Medicare over the next 75 years is $41 trillion, or,… more

Maya MacGuineas | February 19, 2008

The California Assets and Transaction Account

In support of state-wide efforts to bring more Californians into the financial mainstream, the State of California could deliver a pre-paid account through the state’s tax filing process. The Assets and Transaction Account, or ATA, would expedite tax filers’ access to their tax refunds and serve as a safe, affordable, and convenient financial tool for lower-income Californians to conduct routine financial transactions and build saving throughout the year.

The state tax filing process presents a unique opportunity… more

Saving Promises

For the first time since 1952, the absence of incumbents vying for the nomination of each major party has created a wide open race, one where the stakes are remarkably high. This has contributed to an extended campaign process that will last almost two years by the time the presidential election is held in November of 2008. While some lament the length of this campaign cycle, it has generated a great deal of activity in the policy arena as each… more

The Assets and Transaction Account

Over the past two decades, policymakers, academics, and others have pursued an array of policies and strategies to help lower and middle income households to build savings and assets and access reasonably-priced financial products at mainstream institutions.  While some progress has been made, there have been few advances to delivering a high-value, affordable financial product at scale.

Over the last five years, however, technological developments, new entrants into the financial services market, and new insights into consumer demand, particularly the financial… more

Melissa Koide | November 16, 2007

Asset-Based Welfare Policy in the U.K.

While traditional anti-poverty efforts have focused on maintaining a social safety net to protect the poor, there is a growing recognition that economic well-being hinges on a household’s ability to accumulate a wide range of assets. The value of assets is based not only on the economic security they provide but in how they enable people to make productive investments in their future. This approach has contributed to a wide range of policy proposals designed to help households build assets,… more

Reid Cramer | November 2007

Public Policy Ideas to Improve Financial Education and Help Consumers Make Wise Financial Decisions

Although the number of financial education programs has grown over the last decade, few policies have been enacted to evaluate, support and expand effective financial education and increase financial capability. Although the government is not the only entity that can help improve financial education, there is an important role for the government sector to play that complements the efforts of the private sector, the nonprofit sector, and the efforts of individuals to take personal responsibility to access financial education.… more

A Citizen's Guide to the ASPIRE Act

The Section-by-Section Summary of the Bill KIDS Account Fund KIDS AccountsCertifications Related to Government ContributionsRules Governing KIDS Accounts Relating to Investment, Accounting and ReportingTax Treatment of KIDS AccountsPrivate Management of KIDS AccountsKIDS Accounts Fund BoardFiduciary ResponsibilitiesAssignment, Alienation and Treatment of Deceased IndividualsAccounts Disregarded in Determining Eligibility for Federal BenefitsReportsPrograms for Promoting Financial Literacy

For a detailed description of each section of the ASPIRE Act, please see the PDF document below.

Reid Cramer | October 1, 2007

ASPIRE Act Frequently Asked Questions

The attached document answers the following questions about the America Saving for Personal Investment, Retirement, and Education (ASPIRE) Act:

What does the bill do?Why is a bill to promote asset building for children necessary? more
Ray Boshara, Reid Cramer | October 1, 2007

Analyzing the Relationship Between Account Ownership and Financial Education

Account ownership and financial knowledge are understood to be critical components of financial stability and wealth accumulation. Presumably, combining financial education and accounts reinforces the positive effects of each on the other and enhances the recipient’s financial well being. To date, however, no testing of this hypothesis has been undertaken. This report sets out to do that. It presents a review of programs across the country that combine account ownership with financial education to analyze their… more

September 2007

The New Markets Tax Credit

In an era of declining federal resources dedicated to economic development, the New Markets Tax Credit stands out as a success story and a particular boon for metropolitan areas, which have received the majority of credits to date. Despite its complexity and initial doubts about whether it could be effectively implemented, it has shown signs of providing an important extra boost to many types of development in underserved urban and rural communities. As the program has developed, participants have become… more

Ellen Seidman | April 22, 2007

Articles & Books

Recent New America-authored articles, op-eds and books on this topic are featured below.

Paying City Students Is a Wise Investment

Summer has arrived in Baltimore, and so has summer school -- bringing with it a chance for students who improve on their High School Assessment exams to pocket something more than academic success. A few months ago, Baltimore schools CEO Andres Alonso unveiled a controversial proposal to improve city schools: Pay students to perform. It's a simple idea that has generated quite a bit of controversy from purists who cringe at the thought of paying students to learn and from… more

Rourke O'Brien | June 27, 2008 | The Baltimore Sun

Grand New Party

* This article was excerpted from "Grand New Party: How Republicans Can Win the Working Class and Save the American Dream" by Ross Douthat and Reihan Salam.

The Old Consensus

When Barry Goldwater lost the 1964 presidential election by 16 million votes, carrying only six states and faring worse than any major-party candidate since Alf Landon in 1936, nobody seriously entertained the possibility that conservatism would rise from his defeat, let alone that the race might mark the beginning of a… more

Retirement Saving For All

Once a land of savers, America is now the home of the thriftless. Americans' personal saving rate, in steady decline over the last quarter of century, finally plunged into negative territory this year. No surprise there. In modern America the struggle between debt and saving is a rigged contest. It's never been easier to borrow -- credit cards, subprime home mortgages, home equity loans, payday loans. But when it comes to saving, about half of American workers, including more than… more

Wheels Versus Welfare

With falling home prices, rising food and fuel costs and an unemployment rate well above the national average, the current economic downturn may push already vulnerable California families to the brink of financial destitution. Thousands of people may turn to welfare for support in the coming months. That's OK -- that's the purpose of temporary assistance. It's not as if this is the money-for-nothing welfare of the early 1990s; these folks are required to start looking for work the second… more

Rourke O'Brien | June 19, 2008 | Los Angeles Times

Making a Transaction and Savings Account a Certainty, Just Like Taxes

In the Feb. 20 issue of Paybefore Update, my colleague, Melissa Koide, discussed a proposal to use prepaid cards to deliver tax refunds through a unique alliance of government and industry, Viewpoints: A Convergence of Opportunities: Delivering Prepaid Accounts at Tax Time (February 2008). We believe the prepaid sector can and should play a major role in working with government to provide an "assets and transactions account" (ATA), a low-cost, high-value transaction account that facilitates savings for… more

Cracks In the Foundation

While Hillary Clinton, Barack Obama and John McCain appear anxious to move into the White House, none of them have much to say about housing. Yet rarely a day goes by that the headlines don't mention the current housing crisis and its threat to the financial markets and the economy. This has led to a strange disconnect between the presidential campaigns and national reality.

Subprime lending and the ensuing foreclosures are being blamed for the crisis, but the problems and blame… more

Steven Hill | April 24, 2008 | Guardian Unlimited

Don't Spend Your Tax Rebate!

The IRS was so confident in the legendary observation of Oliver Wendell Holmes, Jr. that “taxes are the price we pay for a civilized society” they chiseled it above the entrance to their Washington D.C. headquarters. Still each year Tax Day makes incumbent politicians uneasy -- especially at times when recession fears mount and fall elections loom. This year this perilous combination spurred them on to take prompt and bipartisan action. Who wants to be accused of sending families their… more

A Convergence of Opportunities: Delivering Prepaid Accounts at Tax Time

What if there’s a way to bring prepaid products to millions of new consumers, with the help of the federal government?

I think there is. By leveraging billions of dollars in annual tax refunds, there’s the potential to deliver a prepaid product that benefits consumers, industry and the government alike. Called the Assets and Transaction Account, or ATA for short, it’s envisioned as a network branded prepaid account that would be delivered through the tax filing process and loaded with tax… more

Melissa Koide | February 21, 2008 | PayBefore.com

Viewpoint: Fed's Mortgage Move is a Good Start

With foreclosures reaching record levels and predictions for further trouble ahead, the Federal Reserve Board on Tuesday unanimously approved potentially sweeping changes to how mortgages are marketed, made, and serviced, especially in the nonprime market. Will the Fed be able to meet its goal of a "comprehensive set of protections to consumers" when the comments come flying?

The proposed revisions to regulations under the Truth in Lending Act are designed to realign relationships in the mortgage business, so borrower and lender… more

Ellen Seidman | December 21, 2007 | American Banker

Technology is Helping Firms Reach Unbanked

Over a dozen financial institutions have applied to be the issuer of the Treasury Department's Direct Express electronic bank accounts for depositing Social Security and other federal benefits.

The Treasury touts the product as a safer, easier, and more convenient way to receive and access monthly benefits. In part, this is a strategy by the federal government to lower expenses for taxpayers by saving on the issuance of benefit checks. Compared with the 89 cents for sending a check… more

Don't Throw Baby Bonds Out With Bath

For better or worse, America has a habit of conducting much of our policymaking through the presidential election process. This can be dangerous when meaningful reform efforts get trumped by volatile politics. Sure, we’d like campaign promises to mean something but it’s counter-productive if we let the consideration of good ideas get easily diverted into the gutter.

A case in point was the recent discussion of Hillary Clinton’s Baby Bond proposal, which was quickly hijacked by partisan politics.… more

Reid Cramer | November 1, 2007 | Providence Journal

Baby Bonds Pay Bipartisan Dividends

At a recent campaign stop with the Congressional Black Caucus, Sen. Hillary Rodham Clinton said, “I like the idea of giving every baby born in America a $5,000 account.”

That was enough to generate a few headlines and some right-wing outrage. The Drudge Report was quick to tweak one of its favorite targets and drive some Internet traffic with a bold banner, “A Bond for Every Bassinet.”

The conservative Washington Times and New York Post blasted the idea within 24… more

Reid Cramer | October 16, 2007 | The Politico

Forget Easy Money

Countrywide Financial, the nation’s largest mortgage lender, has a curious new idea -- or, more precisely, an old one. No longer will it use wads of Chinese cash recycled through Wall Street to make subprime loans to unqualified borrowers. Instead, it will take in deposits from small savers and lend them out to people who might actually repay them -- just like that humble thrift institution president George Bailey did in It’s a Wonderful Life.

Imagine: a bank that promotes thrift!… more

Let the Poor Save for Their Future

In 1990, newspapers around the country profiled the story of Grace Capetillo, a welfare mom from Milwaukee who, after managing to save $3,000 in the bank, was hauled into court by the county Department of Social Services and charged with fraud. Having breached the limit on allowable assets, Ms. Capetillo was found guilty and ordered to pay a fine of $1,000, spend down another $1,000 of the money she had worked hard to save, and promise not to save again… more

Restoring the Value of Saving

The value of saving is finally making a comeback. After years of over consumption and accelerating debt -- and more than two years with a negative personal savings rate -- Americans are finally beginning to fret over their empty coffers and negative balance sheets. As headlines profile subprime borrowers going into default around the country, the average American’s sense of economic security has jumped from unease to panic. As policymakers scramble to develop new policies to bolster working families, echoes… more

Inequality Has Run Amok. Do Leaders Care?

When pets are poisoned by imported pet food or U.S. attorneys are fired under suspicious circumstances, Congress gears up hearings and vows quick action. A far greater scandal, however, has hardly gained the interest of legislators or the presidential candidates. That is the increasing wealth gap between the rich, the middle class and the poor, which is reaching alarming proportions.

The top 10% of income earners in the United States now owns 70% of the wealth, and the wealthiest 1% owns… more

Steven Hill | June 27, 2007 | New York Daily News

Investing Your Way Out of Poverty

The mayor of New York’s new antipoverty plan, which is scheduled to begin in the fall, will pay as much as $5,000 a year to poor families to help them meet specific goals like getting regular medical checkups, holding down full-time jobs and attending parent-teacher conferences.

Experience in developing countries shows that such ‘‘conditional cash transfer’’ programs are effective in combating poverty. Those who participate wind up with better education, health and life prospects than those who don’t. Such a… more

Kids' Accounts Warrant Debate

Governor Schwarzenegger was cheered when he recently talked about post-partisanship in Washington, D.C. But the post-partisan waters don’t run deep back home in California. Two state senators who just crossed the aisle to forward a creative solution to a pressing problem are getting more grief than glory.

Senator Darrell Steinberg, D-Sacramento, and Robert Dutton, R-Rancho Cucamonga, held a press conference on February 28 to introduce their bill to create a California Kids Account for every newborn. The goal is to… more

Outside the Sub-Prime Loan Box

Imagine you’re a mortgage lender, and somebody comes to you with a marginal credit record, work experience that includes as many employers as Liz Taylor has had husbands and no Social Security number. Would you hand him a bunch of money to buy a house?

I’m guessing that you wouldn’t, especially not this week, what with the ongoing meltdown among sub-prime lenders -- those that specialize in making loans to people with shaky credit or erratic incomes.

But Leo Simpser well might.… more

Rick Wartzman | March 16, 2007 | Los Angeles Times

On Taxpayer-Funded Savings Accounts

Even though California is being modeled as the birthplace of post partisanship, ideological divisions still run deep in the political process. Two state senators who just crossed the aisle to forward a creative solution to a pressing state problem are getting more grief than glory.

Sens. Darrell Steinberg, D-Sacramento, and Robert Dutton, R-Rancho Cucamonga, held a press conference two weeks ago to introduce their bill to create a California KIDS Account for every newborn. The goal is to encourage parents… more

Events

Related New America events, both recent and upcoming (if any), are featured below.

Experts

Ray Boshara

Ray Boshara

Ray Boshara directs the Asset Building Program at the New America Foundation. The program aims to significantly broaden the ownership of assets in the U.S. and around the world. Previously Boshara served in the U.S. Congress as a Senior Legislative Assistant to Representative Tony P. Hall and as a Professional… more

Boshara is New America's primary contact for this issue. All fellows and staff with expertise in this area are listed below in alphabetical order.

Ray Boshara

Vice President for Domestic Policy Programs; Director, Next Social Contract Initiative; Director, Asset Building Program
Ray Boshara

Ray Boshara is Vice President for Domestic Policy Programs, Director of the Next Social Contract Initiative, and Director of the Asset Building Program at the New America Foundation.

Mr. Boshara is an expert on savings and asset ownership strategies for low-income persons, and in that capacity he has testified before… more

Olivia Calderon

California Legislative Director, Asset Building Program
Olivia Calderon Olivia Calderon is the California Legislative Director of the New America Foundation's Asset Building Program, which aims to significantly broaden savings and asset ownership in California. Based in Sacramento, her primary responsibilities include educating legislators, government officials, and interest groups about asset policies, developing related policy proposals (including drafting measures,… more
Areas of Expertise: Ownership & Assets

Reid Cramer

Research Director, Asset Building Program
Reid Cramer

Reid Cramer is Research Director of the Asset Building Program at the New America Foundation, where he leads the program's policy research activities. The Asset Building Program aims to promote policies and ideas that expand savings and asset ownership, especially among lower-income families. His work has provided analytical support for… more

Melissa Koide

Deputy Director, Financial Services and Education Project, Asset Building Program
Melissa Koide Melissa Koide is Deputy Director of the Financial Services and Education Project, an initiative of the Asset Building Program of the New America Foundation. The project provides national leadership on public policies related to expanding wealth-building financial services, especially for low- and middle-income families; improving financial education; forging a new… more
Areas of Expertise: Ownership & Assets

Alejandra Lopez-Fernandini

Policy Analyst, Asset Building Program
Alejandra Lopez-Fernandini Alejandra Lopez-Fernandini is a Policy Analyst in the Asset Building Program at the New America Foundation. Her primary responsibilities include conducting research and analysis for the program’s Financial Services and Education Project and in support of its efforts in California. Ms. Lopez-Fernandini has a background in anti-hunger, anti-poverty, and… more
Areas of Expertise: Ownership & Assets

Jeff Meyer

Program Associate, Global Assets Project, Asset Building Program
Jeff Meyer Jeff Meyer is the Program Associate of the Global Assets Project, a joint venture of the Asset Building Program at the New America Foundation and the Center for Social Development at Washington University in St. Louis. He supports the research and outreach efforts of the project. Previously, Mr. Meyer… more
Areas of Expertise: Ownership & Assets

Karen Murrell

Senior Research Fellow, Asset Building Program
Karen Murrell

Karen L. Murrell is the founder and president of Higher Heights Consulting and Training, a privately held firm located in Silver Spring, Maryland, that works with the financial services industry to develop programs and products to improve the financial well-being of lower-income consumers. Ms. Murrell has developed innovative alliances between… more

Areas of Expertise: Ownership & Assets

Rourke O'Brien

Policy Analyst, Asset Building Program
Rourke O'Brien

As Policy Analyst in the Asset Building Program, Rourke O’Brien focuses on initiatives aimed at promoting economic self-sufficiency for low- and moderate-income families. He also manages AssetBuilding.org, the program’s web-based clearinghouse on asset ownership.Prior to joining New America, Mr. O’Brien conducted research with a professor at the Kennedy… more

Areas of Expertise: Ownership & Assets

Ellen Seidman

Director, Financial Services and Education Project, Asset Building Program
Ellen Seidman

Ellen Seidman is Director of the Financial Services and Education Project in the Asset Building Program of the New America Foundation. The project aims to provide national leadership on public policy issues related to expanding access to wealth-building financial services, especially for low- and moderate-income families; improving financial education; forging… more

Areas of Expertise: Ownership & Assets

Leila Seradj

Research Associate
Leila Seradj

Leila Seradj is the Research Associate for the Global Assets Project, a joint venture of the Asset Building Program of the New America Foundation and the Center for Social Development at Washington University in St. Louis. She provides research and general support for the project, as well as research… more

Areas of Expertise: Ownership & Assets

Fred Ssewamala

Senior Research Fellow, Asset Building Program
Fred Ssewamala

Fred M. Ssewamala is Assistant Professor of Social Work in the Columbia University School of Social Work, and a Faculty Associate with the Center for Social Development at Washington University (St. Louis). Dr. Ssewamala designed programs for poverty alleviation and community development, with an emphasis on asset-development initiatives, for the… more

Areas of Expertise: Ownership & Assets

Jamie M. Zimmerman

Deputy Director, Global Assets Project, Asset Building Program
Jamie M. Zimmerman Jamie M. Zimmerman is Deputy Director of the Global Assets Project, a joint venture of the Asset Building Program at the New America Foundation and the Center for Social Development at Washington University in St. Louis. The project, launched in 2006, aims to inform and stimulate global asset-building innovations among… more
Areas of Expertise: Ownership & Assets

Press

Press Release/Media AppearanceDate
Ray Boshara in Online NewsHour with Jim Lehrer | 'Programs Aim to Break Cycles of Poverty in the South Through Home Ownership'August 1, 2008
Innovations, challenges in savings and financial inclusion for the poor highlighted in new report from the Global Assets ProjectJuly 30, 2008
Leif Wellington Haase in Perfil.com | 'Real Estate Crisis and the End of the American Dream'July 24, 2008
Michael Lind in the New York Times | 'Government as the Big Lender'July 14, 2008
Ellen Seidman in Final Call | 'America's Mortgage Crisis Worsens'July 10, 2008
Ellen Seidman in BusinessWire | 'New Report Analyzes Housing Market Crisis & Federal Response'June 25, 2008
New America Foundation in Ventura County Star | ''Magic' of Savings'May 28, 2008
"Confronting the Debt Culture" Conference in the Washington Post | "Let's Make It Cool to Save"May 11, 2008
CA Pension Bill in Sacramento Bee | Plan to Open Up CalPERS Reflects Worry About Inadequate Saving for RetirementApril 25, 2008
CA Retirement Saving Proposal in Sacramento Bee | California Assembly Panel Passes State-run IRA ProposalApril 10, 2008
New America Foundation Praises New, Universal, Portable Retirement Savings ProposalApril 8, 2008
New America Foundation Commends California State Controller John Chiang's Financial Literacy InitiativeApril 2, 2008
New America Foundation Recognizes President Bush's Financial Literacy Volunteer Initiative, But Sees Room for ImprovementMarch 7, 2008
Ellen Seidman in U.S. Banker | Is the OTS Obsolete?March 1, 2008
Ellen Seidman in New York Times | 'A Moral Hazard for a Housing Bailout'February 23, 2008
New America Foundation Commends Governor Arnold Schwarzenegger’s Bank on California InitiativeJanuary 24, 2008
Ray Boshara, Phil Longman in Houston Chronicle | "Thrift is it in 2008"January 12, 2008
New America Foundation Commends San Francisco Mayor Gavin Newsom’s Baby Savings Bond Proposal January 10, 2008
Ellen Seidman in American Banker | Obama's Bank-Issue 'Blank Slate' January 9, 2008
Ellen Seidman in Chicago Sun-Times | 'Home Prices and The Fed'December 30, 2007