News & Events
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Senator Sanders Holds Hearing to Examine Modernization of CRA
New York – State Senator James Sanders Jr. (D-Queens) recently held a hearing on the Community Reinvestment Act, in response to the US Treasury Department’s recommendations on modernizing the law.
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Mic: Progressive Groups are Launching a Movement to Create a Public Bank in New York City
Mic — Could the city best known as the home of Wall Street divest from major corporate banks and start its own public bank? That’s the vision that a new network of activist groups hope see in the near future.
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New York Community, Worker Rights, Economic Justice, and Environmental Groups Call on City to Establish a Public Bank and Divest from Wall Street
New York, NY – Today, a broad-based coalition of community, worker rights, economic justice, and environmental groups launched a new campaign, calling on New York City to create a public bank.
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El Diario: ¿Dónde Depositar el Dinero de NYC? Crear un Banco Público Gana Apoyos
El Diario — La ciudad de Nueva York deposita miles de millones de dólares en la banca de Wall Street y “esos banqueros ganan millones con esos depósitos y las comisiones mientras dan pocos beneficios a la ciudad, sus pequeños negocios y residentes”, explicaba el martes Stephen Edel, de New York Working Families.
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Common Dreams: Fed Up With Big Banks That Fund Climate Crisis and Oppression, Community Coalition Demands Public Bank for New York
Common Dreams — Chanting, “Wells, Chase, B of A, public bank’s a better way!” social justice groups rallied at the New York Stock Exchange on Tuesday to demand that New York City divest from Wall Street banks and establish a public bank that is “expressly chartered to serve the public interest.”
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Summer Kickoff Party
Summer is on its way and New Economy Project’s campaigns are heating up! Please join us on Sunday, June 3, from 4 to 7 pm, to meet our staff and board, catch up with friends, and enjoy the sunshine!
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Albany Drops the Ball on Community Development
A lot has been written about the shortcomings of New York’s recently-passed state budget. The upshot: New York’s electeds missed the clear opportunity to take decisive action against Trumpism and to protect communities under attack. A glaring example of this failure of leadership is the decision, yet again, not to fund a widely-supported program that…
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City Limits: Why We Chased Chase’s CEO All the Way to Texas
City Limits, Op-ed by Sarah Ludwig and Andy Morrison — Last week, New Economy Project traveled to Texas to attend JPMorgan Chase’s annual shareholder meeting and call the bank out for its shameful track record in New York City. After passing through a series of security checkpoints, we found seats with a clear view of…
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No, Mr. Dimon, We Are Not Misinformed
Last week, New Economy Project traveled to Texas to attend JPMorgan Chase’s annual shareholder meeting and call the bank out for its shameful track record in New York City. After passing through a series of security checkpoints, we found seats with a clear view of the dais, on which sat Jamie Dimon, the bank’s C.E.O.,…
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Brooklyn Resident’s Legal Settlement with Debt Collection Law Firm Likely to Benefit Thousands of New Yorkers
Ditmas Park resident Romain Prage today successfully settled a lawsuit he filed in 2016 against debt collection firm Kavulich and Associates, securing redress not only for himself but also potentially for thousands of other New Yorkers whose benefits are exempt from debt collection.