News & Events
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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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Coalition of 40+ Community & Labor Groups Releases 5-Point Platform for a Community-Led Recovery, Racial and Economic Justice in NY
CDFIs community equity agenda community land trusts financial justice public banking racial justice redliningThis afternoon the NYS Community Equity Agenda, a coalition of more than 40 community, labor, and civil rights groups, cooperative organizations, and community development financial institutions from across New York, released its policy priorities for 2022.
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Statement from 25 New York Groups Calling on Gov. Hochul to Rescind DFS Nomination
The 25 undersigned New York-based organizations call on Governor Hochul to immediately rescind her nomination of Adrienne Harris for Superintendent of the NYS Department of Financial Services (DFS). Our organizations collectively represent millions of New Yorkers, from communities across the state. We see first-hand how DFS’s actions directly affect our members and all New Yorkers,…
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Public Banking for a Just Recovery: A How-To Guide for NYC
Recently, the New York City Board of Health passed a resolution directing the Health Department to work with other City agencies to eliminate systemic racism in policies relating to housing, economic opportunities, and other social determinants of health – key drivers of health inequities. “The Covid-19 pandemic must render unacceptable that which has been condoned for generations,”…
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Public Banking Around the World: Lessons for New York
New Economy Project is pleased to have collaborated with The Vance Center for International Justice to present this timely panel and report on public banking around the world. We are grateful to The Vance Center for carrying out such an ambitious research project, which generated well over 100 pages of detailed survey data from seven…
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Take Action: Tell Albany to Pass the NY Public Banking Act!
This legislative session, we have a historic opportunity to bring local public banks to New York. As state legislators prepare to return to Albany in January, let them know that local public banking needs to be a top priority!