Rules to protect payday loan customers are under attack…again

In the fall of 2017, the Consumer Financial Protection Bureau (CFPB) issued new rules to protect payday loan customers from some of the most harmful practices in that industry. But now the same federal agency that issued the rule has announced plans to scrap important provisions of it, leaving many consumers unprotected. The good news is that this proposal to roll back the payday rule is still just a proposal. Before this proposal can be finalized, the agency must first allow for public comments, and you can easily submit one. [More...]

New economic rankings show Oklahoma falling further behind

There are quite a few reasons to be optimistic about Oklahoma this year. Unemployment is low and the state expects to have a budget surplus this year, the first in quite some time. But despite this good news, too many Oklahomans are still struggling to make ends meet and build a better future for themselves and their families. For the third straight year, Oklahoma has dropped in the Prosperity Now Scorecard rankings. This year, we rank 43rd in the financial health and overall well-being of our residents - that's down from 34th in 2016. [More...]

Why shouldn’t women be allowed to talk about wages with their co-workers? (Guest Post: Liz Waggoner)

Liz Waggoner is the Executive Director of the Oklahoma Women’s Coalition, the state’s leading advocacy organization for women and girls. You might have missed it, but April 10th was Equal Pay Day in the United States.  Equal Pay Day indicates how… Read more [More...]

Health care is increasingly central to Oklahoma’s economy

If you ask a person on the street what Oklahoma’s economy is known for, two industries likely to come to mind are oil and gas drilling and agriculture. Yet when we look at the jobs Oklahomans are working in today,… Read more [More...]

Arts and Culture: A public-private partnership that’s good for education, the economy, and Oklahoma’s future (Guest Post: Brenda Granger)

Brenda Granger is Executive Director of the Oklahoma Museums Association. Today is Oklahoma Arts Day at the State Capitol. Arts and culture promote civility and transcend all boundaries. Arts and culture bring people together. Arts and culture are rooted in… Read more [More...]

“Prosperity Districts” won’t create prosperity for all…

The Oklahoma legislature is currently considering a bill, HB 2132, that would create “a grassfire of prosperity” in our state according to Representative Lewis Moore (R-Arcadia). But Oklahoma doesn’t need another grassfire.  They are unpredictable, dangerous, and usually leave behind… Read more [More...]

Watch out for wasteful tax giveaways disguised as help for ‘small business’

Last week a press release from Governor Fallin advertised that she was participating in the “Bring Small Businesses Back Bus Tour” when it came to Oklahoma City. This tour is sponsored by the “Job Creators Network”, an association of corporate… Read more [More...]

State-tribal deal could end long dispute over water rights (Capitol Updates)

Steve Lewis served as Speaker of the Oklahoma House of Representatives from 1989-1991. He currently practices law in Tulsa and represents clients at the Capitol. You can find past Capitol Updates archived  on his website. When the federal lawsuit was… Read more [More...]

Upcoming Event: Sleeping Giant author on how the ‘new working class’ is transforming America

There was a time when America’s working class was seen as the backbone of the economy with considerable political, economic, and moral authority. In recent decades, the working class has transformed as far more female and racially diverse workers have… Read more [More...]

Confront the ‘parasite economy’ by raising the minimum wage

Every three months, the ADP Research Institute releases its Workforce Vitality Index, a measure of private sector job and wage growth.  For the past two quarters, Washington state has led the nation in growing jobs and boosting wages, far outpacing… Read more [More...]