Research

The California Public Banking Option Act, or BankCal, is an initiative to establish a public bank in California with basic consumer banking services, such as checking and savings. The bill builds upon programs such as CalSavers and CalKids, which aim to address the racial wealth gap in the state, by helping all Californians have access…

Parents of remote-schooled children are earning less money and facing increased expenses while being forced to make impossible choices between work and family. Low-income families were battling poverty and inequality, and the COVID-19 pandemic has only made things worse. Now is the time to start redesigning the way we systematically address opportunity and mobility in…

In our latest research, we discovered that having as little in savings as $250 made a huge difference in helping people keep the lights on, stay in their homes, and avoid taking on high-cost debt. We all want to aim for 3-6 months of savings but ri...