News and updates

  • 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.”

  • 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!

  • 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…

  • 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…

  • 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.,…

  • 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.

  • Group Presents Analysis of JPMorgan Chase’s Harms to New Yorkers, at Bank’s Annual Shareholder Meeting

    At the JPMorgan Chase shareholder meeting today in Plano, Texas, New Economy Project presented an analysis of Chase’s track record of harming New Yorkers and New York City neighborhoods. The group’s analysis highlighted a litany of discriminatory and abusive practices by the bank, from longstanding mortgage redlining to siphoning of sorely-needed funds from Chase’s lowest-income…

  • Represent NYC: A Pathway Out Of Poverty

    Represent NYC — Our Campaigns Director Andy Morrison joins Assembly Member Yuh Line-Niou and other guests to discuss the lack of financial services available in low income communities and efforts to stop predatory businesses from driving families into debt.

  • The Source: Undocumented Immigrants Get A Hand Up With DACA Loans And Grants

    The Source — Undocumented immigration has been a hot topic in recent years and the country has been deeply engaged on how to handle the “dreamers” population. “Dreamers” are immigrant children who were brought to the United States illegally by their parents. In 2012, Former United States President Barack Obama announced the creation of an…

  • WBAI Morning Show

    WBAI Morning Show — Our Campaigns Director Andy Morrison joins host Michael G. Haskins to discuss  efforts to end predatory lending, strengthen community-based financial cooperatives, and establish public banking in NYC.

  • Earth to Gov. Cuomo: Walk The Talk

    On the morning of April 23rd, I hopped on a bus headed to Albany to join more than 100 groups demanding that Governor Cuomo Walk The Talk and take meaningful action on climate change.

  • New York Times: Consumer Bureau Looks to End Public View of Complaints Database

    New York Times — Financial companies have worked to diminish the Consumer Financial Protection Bureau’s powers since the day the agency was created. Now, they’re on the brink of having one of their top demands granted: an end to the regulator’s public database of complaints about their products and services.