News & Events
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Seeking NY Fed President: Wall Street Need Not Apply
Staff attorney Raúl Carrillo delivered our message at a rally organized by Fed Up: The National Campaign for a Strong Economy to demand the appointment of an accountable president of the Federal Reserve Bank of New York.
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City Limits: Report: Mortgage Denials Higher in NYC’s Neighborhoods of Color
City Limits — Banks in New York are denying more housing loans in neighborhoods where people of color dominate, and are turning down black applicants who seek mortgages and refinancing at a higher rate than similar white applicants, an advocacy group reported this week.
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They’re Banks, Right?
These days it seems taken for granted that banks discriminate against people and neighborhoods of color – they’re banks, right? We can thank the Center for Investigative Reporting for reminding the world that this is not okay.
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Colorlines: U.S. Courts Imprison Thousands For Unpaid Debts
Colorlines — A new report says that thousands of people across 26 states are arrested and jailed each year due to outstanding debts such as unpaid medical bills and car loans. The practice violates due process rights and was abolished by the federal government in 1883.
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New York Representatives Vote to Weaken New York’s Limits on High-Cost Loans
Last night, Representatives Gregory Meeks (D-NY-5) and Tom Suozzi (D-NY-3) broke with the rest of the state’s Democrats and joined New York’s Republican members of the U.S. House of Representatives in voting to pass a bill, H.R. 3299, that would allow lenders to launder loans through banks to override limits in New York and other…
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60 Groups Call on NYS Senate and Assembly Leadership to Tackle Neighborhood Poverty and Bank Redlining in Budget
A Broad-Based Coalition Urges NYS to Appropriate $25 Million to Community Development Financial Institutions in Face of Trump’s Proposal to Zero Out Federal Funding.
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The Laura Flanders Show: Trump Year 2 – What’s Next?
The Laura Flanders Show — On this week’s Laura Flanders Show, our Co-Director Sarah Ludwig discusses the community-based work being done to counter the Trump administration and create lasting, transformational change.
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Indian Panorama: Restaurant Workers & Allies Rally Against Restaurant Association For One Fair Wage
Indian Panorama — Restaurant workers and coalition partners, on January 25, rallied in the fight for One Fair Wage, a national effort to bring New York in line with seven other states, that pay tipped workers their state’s general minimum wage, on top of their tips.
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The Nation: The Trump Administration Just Gutted Payday-Lending Regulations
The Nation — January 16 was supposed to be the day of reckoning for a notorious predatory-lending industry, when a rule from the Obama administration’s consumer-watchdog agency would finally start to curb a business that’s fleecing the poor.
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Pix 11: Customers Angry After Bank of America Tightens Free-Checking Rules
Pix 11 — “Banks have some special responsibilities toward the broader public. They’re very powerful institutions, and there’s no reason that Bank of America should be punishing low-income New Yorkers,” said Raúl Carrillo, staff attorney for New Economy Project.