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In the News
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City & State: Economic Development Power 75
City & State NY included New Economy Project Co-Directors Sarah Ludwig and Deyanira Del Rio on their inaugural Economic Development Power 75 list, which “identifies the policymakers who are driving economic development strategies in New York and positioning the state for a post-pandemic recovery, including elected officials, government appointees and leaders of chambers of commerce,…
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WhoWhatWhy: $1.6 Billion Reasons Why Activists Say New York City Needs Public Banking
WhoWhatWhy — New York City, once the epicenter of the COVID-19 pandemic in the United States, is bouncing back. Broadway is reopening its doors, international tourists are arriving, and workers are returning to jobs. But not all the way. According to the New York City Recovery Index, the city is still just about 80 percent “back.” Hotels are still…
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Daily News Op-Ed: The Public Bank New York City Needs
Fresh off his electoral victory, Eric Adams declared that his administration will look abroad for policy solutions to New York City’s myriad social and economic problems. “Let’s learn what they’re doing there so we can do it here,” he urged. It just so happens, there’s a broad-based citywide coalition pressing for a bold policy solution that is common throughout…
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Capital Tonight: Hochul’s DFS Nominee Prompts Anger Among Consumer, Good Government Groups
Though Adrienne Harris has quite a resume — she was a special assistant to President Obama for economic policy and she currently serves on the faculty at the University of Michigan — a coalition of 25 groups, including Citizen Action and the Western New York Law Center is urging Gov. Hochul to rescind her nomination.
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New York Focus: Senate #2 Joins Mounting Opposition to Hochul’s Pick for Top Financial Regulator
New York Focus — Two months ago, Obama-era Treasury Department official Adrienne Harris joined the board of LendingClub, a scandal-plagued online lending company. It was the latest of well over a dozen past and present positions Harris has held at financial technology (“fintech”) firms or related companies, many headquartered in New York.
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WBAI: Living for the City
Our Andy Morrison joined WBAI’s Living for the City to discuss the movement for public banking, community land trusts, and more.
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The Lurie Daniel Favors Show: Community Land Trusts
The Lurie Daniel Favors Show — Our Akilah Browne discusses community land trusts and organizing with Lurie Daniel Favors.
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Market Watch: The Looming $21.3 Billion in Debt That Could Cost Americans Their Homes
Market Watch — Nearly 6.4 million households owe an estimated $21.3 billion in rent debt, putting them at risk of losing their homes when the national eviction moratorium expires on Saturday.
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NowThis News: AOC Calls Out Colleagues for Banking Bill Comments
Our co-director Deyanira Del Río testifies before the U.S. House Financial Services Committee, Subcommittee on Consumer Protection and Financial Institutions, and answers questions from Representative Alexandria Ocasio-Cortez.
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The Nation: Why Shouldn’t the People Own the Banks?
The Nation — Even as the pandemic devastated New York City, megabanks like JPMorgan Chase and Bank of America continued to do a roaring trade. And now those financial behemoths are set to manage the funds that New York City and other municipalities will be deploying for the recovery. But financial justice advocates want to…