News & Events
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The Guardian: Credit Scores in America Perpetuate Racial Injustice. Here’s How.
The Guardian — Worried about the use of big data for corporate gain? Look not further than the credit scoring system in the US, which has profound impact on our daily lives and is a source and perpetuator of systemic racial injustice.
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Yes! Magazine: NYC’s Credit Unions Give Mom-and-Pop Stores a Chance, Despite Gentrification
Yes! Magazine — “It’s kind of fundamental to their mission,” says Deyanira Del Rio at New Economy Project, an organization that seeks to build democratic local economies by supporting a range of cooperative enterprises. “Not just helping people tap into financial services…but creating opportunities to purchase owned homes and have real economic roots [in the…
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CFPB: New Members of the Consumer Advisory Board
Consumer Financial Protection Bureau, Press Release — New Economy Project Co-Director Josh Zinner is appointed to the CFPB’s Consumer Advisory Board.
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NYC Mayor’s Office: Mayor de Blasio and Human Rights Commissioner Malalis Announce New Law Taking Effect Today to Protect New Yorkers Against Employment Discrimination Based on Credit History
Mayor Bill de Blasio, Press Statement — Mayor Bill de Blasio and Human Rights Commissioner and Chair Carmelyn P. Malalis today launched a new public education and outreach campaign to educate New Yorkers on the City’s new law that protects job applicants and employees against discrimination due to credit history.
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Employment Credit Checks Ban Takes Effect
Posted by Deyanira Del Rio — New York just became a more equitable city. Today, Local Law 37 goes into effect, making it illegal for employers to discriminate against job applicants and employees on the basis of credit history. New York City’s credit check ban is the strongest in the country, covering virtually all employers…
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New York Law Journal: City’s Credit Law Tackles Serious Discrimination (Letter to the Editor)
New York Law Journal — The article, “City’s New Credit Check Law Is Unnecessary” (NYLJ, Aug. 13, 2015), unfortunately gets a whole lot wrong about New York City’s newly-enacted employment credit checks ban, which goes into effect Sept. 3.
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Community Groups Call on New York City to Fight for Responsible Banking Act
The Association for Neighborhood and Housing Development (ANHD), New Economy Project, Legal Services NYC, and the National Community Reinvestment Coalition (NCRC) are profoundly disappointed that a U.S. district court has ruled in favor of the banking industry in striking down the NYC Responsible Banking Act (RBA).
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El Diario: Polémica: Negocios del ‘Check Casher’ Quieren dar Préstamos
El Diario — La industria de los ‘check casher’ que es usada por muchos hispanos intenta modernizarse, pero se le está haciendo difícil porque es regulada por una ley que data de 1944. Los propietarios están urgiendo a los legisladores neoyorquinos una reforma y la vía libre para proveer préstamos tarjetas de débito y otros…
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Northwest Indiana Times: The Perils of Employment Credit Checks
Northwest Indiana Times — You applied, aced the interview and received a contingent job offer. But then the company pulled it after checking your credit. It’s a scenario that happens often across much of America.
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Community, Labor and Civil Rights Groups Rally Behind NYS Payroll Card Rules
Organizations across the state and country have rallied in support of New York’s proposed rules to rein in the payroll card industry. New York’s rules would be among the strongest in the country and ensure that large employers do not use payroll cards to unfairly shift payroll costs onto low-wage workers. The New York…