News and updates

  • 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…

  • 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.

  • Why We March on May Day

    This May Day, New Economy Project is proud to march with workers from across the city and globe for worker justice and against income inequality.

  • Shareholder Action Update: Spotlight on JPMorgan Chase

    We all know that Wall Street banks use their tremendous economic and political power to shape and defeat all sorts of laws and regulations. At New Economy Project, we think that a system that allows giant corporations to dominate our political process is fundamentally wrong and woefully undemocratic.

  • The Nation: New York City Just Outlawed Running Credit Checks on Job Applicants

    The Nation — The legislation, which passed last Thursday following an extensive grassroots campaign by local and national labor and community groups, restricts a boss, prospective employer or agency from “us[ing] an individual’s consumer credit history in making employment decisions.”

  • Victory! NYC Bans Employment Credit Checks

    “I felt like my choices for a better life were taken away when I found out that credit checks were blocking me from getting a job. This law will make sure that other people won’t have to go through what I experienced.” – Shelly Martin, Harlem resident & member of NYC Coalition to Stop Credit…

  • Wall Street Journal: City Acts to Limit Credit Checks

    Wall Street Journal — New York City is one step from enacting a ban that would prevent employers from using credit checks to screen job applicants, which the sponsor of the measure says is the most far-reaching in the nation.

  • Rally & Press Event at City Hall

    On April 16, 2015, we celebrated NYC’s action to end employment credit checks!

  • Statement on NYC’s Action to End Unjust, Discriminatory Employment Credit Checks

    New Economy Project is thrilled that New York City has taken action to end credit checks in employment, which unjustly block qualified New Yorkers, particularly people of color, from needed jobs. NYC Council is expected to pass this vital civil rights law on Thursday.

  • City Limits: Advocates Hail NYC Credit-Check Ban as Strongest in the U.S.

    City Limits — Intro. 261, sponsored by Brooklyn’s Brad Lander, would make it illegal for an employer, labor organization, employment agency or licensing agency to ask for or use “information contained in the consumer credit history of an applicant for employment” or make any decisions on hiring, firing, promoting or paying a person based on…

  • NY1: Councilman, Expert Discuss Legislation to Ban Employment Credit Checks

    NY1 — New Economy Project’s Sarah Ludwig joins Councilmember Brad Lander to discuss the city’s plan to pass legislation banning the discriminatory practice of employment credit checks.

  • Daily News: City Will Ban Employers from Viewing Credit History of Prospective Workers

    New York Daily News — The City Council is expected to pass a bill Thursday that will make it illegal for employers to check job-seekers’ credit history, officials told the Daily News.