News and updates

  • Will NYC Do The Right Thing?

    New York City Council Members and community organizations sent a strongly-worded letter to the NYC Mayor Bill de Blasio, Comptroller Scott Stringer, and Commissioner of Finance Jacques Jiha, urging them to divest the City from Wells Fargo Bank, in which New York City reportedly has hundreds of millions of dollars in public funds on deposit.

  • Daily News: Wells Fargo Scandal May Force New York City to Find New Bank

    Daily News — Wells Fargo — embroiled in a scandal over the creation of up to 2 million fake accounts — was knocked down to a “needs improvement” rating by federal regulators in March under the Community Reinvestment Act, citing an extensive pattern of discriminatory and illegal lending practices. New York City rules say that…

  • Philadelphia Inquirer: JPMorgan Boss: ‘Trump is Our Pilot’ Even When We Disagree

    Philadelphia Inquirer — Andy Morrison, campaigns director for the New Economy Project in New York, accused Dimon and his bank of making large financial contributions to U.S. Rep. Jeb Hensarling, R-Texas, and other members of Congress who want to stop or restrict the federal Consumer Financial Protection Bureau and other government agencies that have punished…

  • New York Times: Profits From Store-Branded Credit Cards Hide Depth of Retailers’ Troubles

    New York Times — Department stores and big name retailers are increasingly making the hard sell to sign up customers for credit cards at the register. The store cards promise deep discounts on clothing, furniture and electronics, and are tough for shoppers to resist.

  • 2017 Breakfast Series

    Our 2017 Breakfast Series was a resounding success. Presenters kicked off lively discussions about racial and economic justice organizing in NYC.

  • How One Obscure Regulator Is Unleashing a Predatory Lending Hellscape

    Thomas J. Curry has only one week left as Comptroller of the Currency. But America’s chief regulator of national banks isn’t acting like it. Despite intense opposition from community advocates and conservatives alike, Curry, an Obama appointee, is doubling down on an ill-advised plan that would allow online lenders and other so-called fintech firms to…

  • Know Your Rights: What About My Money?

    As federal actions threaten immigrants’ rights and economic security, immigrant New Yorkers are rightly concerned about how to protect themselves and their families. Here, you’ll find answers to frequently asked questions about immigrants’ financial rights, based on current laws and information.

  • El Diario: Conozca Sus Derechos – ¿Qué pasa con mi dinero?

    El Diario — Mientras acciones federales amenazan los derechos y la seguridad económica de comunidades inmigrantes, los neoyorquinos inmigrantes están enfocándose en cómo protegerse a sí mismos y a sus familias.

  • City Limits, Op-Ed: State Board’s Decision Leaves Low-Wage Workers in Peril

    City Limits, Op-Ed — Hundreds of thousands of working New Yorkers just had the rug pulled out from under them. The New York State Department of Labor’s (DOL) long-awaited rules on payroll cards were scheduled to take effect this month.

  • WBAI’s Morning Show

    WBAI’s Morning Show — Our Campaigns Coordinator Andy Morrison talks to WBAI’s Morning Show about recent threats to worker and economic justice in New York and beyond.

  • Next City: Why Some Workers Have to Pay to Get Paid

    Next City — Lazy. Leeches. Moochers. Takers. These are just some of the false aspersions cast upon the poor, often by policymakers who are seeking to justify cuts to programs that benefit the poor, from public housing to food stamps. It’s not worth helping them, they say, because the poor don’t work or contribute anything…

  • New York Times: Payroll Card Regulations in New York Are Struck Down

    New York Times — A New York State effort to more tightly regulate the prepaid cards on which many employees receive their wages was struck down by a review board, which ruled that the state’s Labor Department exceeded its authority in imposing fee limits and other restrictions on the cards.