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News and updates

  • 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…

  • 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.

  • Coalition of 40+ Community & Labor Groups Releases 5-Point Platform for a Community-Led Recovery, Racial and Economic Justice in NY

    This 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.

  • 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,…

  • 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,”…

  • It’s Public Banking Month! + Meet New Staff

    October is public banking month at New Economy Project! Read on for exciting upcoming events. Plus, meet new staff.

  • 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…

  • 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!

  • Fall Briefing for Supporters

    Thanks to everyone who attended our fall briefing for New Economy Project’s community of supporters! Check out video from the briefing here, and stay tuned for more ways to join the movement.

  • Public Land in Public Hands: Community Land Trusts Demand Control of City Land

    Last Saturday, the local community land trust (CLT) movement joined together for a three-borough day of action, with one united message: New York City must keep Public Land in Public Hands. At community actions in the Bronx, Queens and Brooklyn, groups pointed to vacant and underused City-owned land in their neighborhoods, and called on the…

  • New York Focus: Senate #2 Joins Mounting Opposition to Hochul’s Pick for Top Financial Regulator

    New York Focus — Two months ago, Obama-era Treasury Department official Adrienne Harris joined the board of LendingClub, a scandal-plagued online lending company. It was the latest of well over a dozen past and present positions Harris has held at financial technology (“fintech”) firms or related companies, many headquartered in New York.

  • WBAI: Living for the City

    Our Andy Morrison joined WBAI’s Living for the City to discuss the movement for public banking, community land trusts, and more.