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In the News
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Public News Service: Payroll Debit Cards Ruling Called Setback for Workers
Public News Service — Labor, consumer and good government groups are asking the state to appeal a decision throwing out rules for payroll debit cards.
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Manhattan Times: Pass on the Pipeline
Manhattan Times — To Cedric Goodhouse, water is sacred. “Water is life, not just for me, but for all of mankind,” remarked Goodhouse, the Hunkpapa Lakota Chairman of the Standing Rock Sioux Indian Reservation, which is located near the construction site of the controversial Dakota Access Pipeline.
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MarketWatch: Undocumented College Applicants Face New Challenges Under Trump
MarketWatch — “I’m not surprised that the banks aren’t serving this population with student loans because they’re not serving this population with any kinds of loans in most cases,” said Deyanira Del Rio, the co-director of the New Economy Project, an organization advocating for low-income New Yorkers.
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Daily News, Op-Ed: Cage the Sharks Circling Consumers
Daily News — Last Friday, hours before signing an executive order that put the Dodd-Frank financial reform law on the chopping block, President Trump name-checked Chase CEO Jamie Dimon. “There’s nobody better to tell me about Dodd-Frank than Jamie,” he said. Translation: there’s no one better than Dimon to help gut Dodd-Frank.
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Capital & Main: Andrew Puzder’s House of Debit Cards
Capital & Main — Torrance Chambers has been calling Andy Puzder for weeks to talk to him about a problem with his paycheck from the Hardee’s restaurant where he works in Birmingham, Alabama. Ordinarily, Chambers wouldn’t bother the CEO of the fast-food chain’s parent company, CKE, Inc., but he claims his shift leader, store manager…
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City Limits: Backers of Community Land Trusts Seek to Broaden Support
City Limits — The community land trust movement is gaining momentum across the city, in part buoyed by the de Blasio administration’s announcement last month that it will consider proposals from community land trusts groups to develop public parcels in several boroughs.
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Next City: NYC Opens Door Wide to Community Land Trusts
Next City — Second-generation NYC resident Rosa Custodio was born at Metropolitan Hospital Center, on First Avenue in East Harlem. Growing up on East 103rd Street, Custodio and her sisters sometimes slept out on the fire escape on hot summer weekends, blankets and pillows and all. They weren’t the only ones.
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WNYC: Obama Saved New York by Saving Wall Street. But.
WNYC — Barack Obama took office on January 20th, 2009, amid the worst recession in decades. Months earlier, stone-faced men and women emerged from Lehman Brothers headquarters in Midtown Manhattan, carrying the remains of their jobs in cardboard boxes. Within a matter of months, Lehman Brothers became the nation’s largest ever corporate bankruptcy, insurer AIG…
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2016 Roundup
Check out this two-page snapshot highlighting some of New Economy Project’s work, events, and media coverage during 2016!
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MarketWatch: Student Loan Borrowers Share Tales of Woe With Regulators
MarketWatch — “It’s a pleasure to be here, finally,” are not the words you might expect to hear from someone preparing to share their story of student debt woe to a room full of strangers. But that’s exactly how John Carter, a 77-year-old New York City resident, began before recounting the years of hassle he…