News & Events
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Statement on Proposed NYS Payroll Card Rules
New Economy Project commends the Governor and NYS Department of Labor for advancing workers’ rights in New York State, by issuing strong proposed rules to regulate payroll cards.
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Gothamist: Workers Who Get Paid With Debit Cards May Get Screwed A Little Less
Gothamist — Employers who pay their workers with so-called “payroll cards”—an alternative to paper checks or direct deposit that looks a whole lot like a debit card—may finally be forced to spare their employees the steep fees associated with taking out cash and checking their balances.
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You Are Not A Loan: Student Debt Strikers Fight Back
Have you heard about the Corinthian 100? Comprised of current and former students who attended the now-notorious Corinthian Colleges, the Corinthian 100 has organized a major student loan debt strike. Working with the Debt Collective, they are refusing to pay back their loans and demanding the cancellation of all student loan debt held by people…
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New York Group Protests JPMorgan Chase’s Lobbying Against Financial Reforms
A leading New York economic justice organization traveled to Detroit, MI, today to speak out at JPMorgan Chase’s annual shareholder meeting and demand accountability by the bank.
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Spring Garden Party
Thanks to those who joined us for our Spring Garden Party on Sunday, May 17, 2015.
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New Yorkers Rally to Demand Strong Rent Laws
In just one month, New York State rent and co-op protection laws will expire. If they are not renewed, 1 million households currently protected by rent and tenant regulations could be threatened with eviction. Renewal, however, is not enough. The progressive weakening of rent protections over the last two decades has drastically reduced access to…
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Daily News: Redlining and Predatory Lending Persist in New York’s Communities of Color
Daily News — “There’s a serious lack of brick-and-mortar branches in communities of color. That means people are once again denied access to banking services. The same problems with redlining are persisting,” says Josh Zinner, co-director of the New Economy Project, a leading advocacy group.
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Lawsuit Against JPMorgan Chase Charges Bank With Fraudulent And Deceptive Lending
New Economy Project filed a federal lawsuit against JPMorgan Chase and a Bronx-based car dealer last week, charging that the defendants defrauded Manhattan resident Olga Arroyo into buying a car and taking out an auto loan, in violation of multiple state and federal consumer protection laws.
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Wall Street Journal: An SUV, a Loan and a Lawsuit
Wall Street Journal — Olga Arroyo said she went to an auto dealership in the Bronx last year planning to cosign a car loan for her 39-year-old son. But the 56-year-old Manhattan resident, who has good credit but monthly income of only $1,354 in Social Security benefits, said she unwittingly left with a $51,000 car…
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Statement on NYC’s Ban of Discriminatory Employment Credit Checks
Today, Mayor de Blasio signed into law Intro 261, which bans employers in NYC from using credit checks in hiring and promotion decisions. New Economy Project commends the Mayor and NYC Council for taking this important step to end employment credit checks.