Resources
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Testimony Before the NYC Council Committee on Consumer Affairs and Business Licensing, on Cashless Business Legislation
Testimony in support of Intro. 1281, sponsored by Council Member Ritchie Torres, prohibiting retail establishments from refusing to accept payments in cash.
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Testimony Before the NYC Council Committee on Immigration, Regarding IDNYC Program Oversight
Testimony regarding the Mayoral administration’s dangerous proposed plan to partner with a financial technology or other financial services company to embed an EMV/contact and RFID/contactless chip in the next generation of IDNYC cards, to allow for broad integration with private and public services and systems.
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Foreclosure Risk in New York State
This issue brief summarizes home foreclosure risk patterns across New York State, and updates our 2012 report, Foreclosures in New York: What’s Really Going On?, and 2014 brief, Foreclosure Risk in New York State.
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Comments to the Office of the Comptroller of the Currency (OCC) on Proposed Community Reinvestment Act Regulatory Framework
The OCC’s unilateral proposal of a CRA “modernization” framework falls utterly short of improving the CRA, and is clearly intended to advance the destructive deregulatory agenda embraced by Comptroller Otting and others in the administration.
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Testimony on Behalf of the Public Bank NYC Coalition Before the 2019 NYC Charter Revision Commission
I’m pleased to present testimony on behalf of Public Bank NYC, a broad-based coalition New Economy project co-founded and coordinates. Public Bank NYC is made up of community, civil rights, environmental, and economic justice groups fighting for the creation of a municipal public bank – chartered to serve the public interest, accountable to New Yorkers,…
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Testimony at NYS Department of Labor’s Hearing on Raising the Subminimum Wage for Tipped Workers
TESTIMONY OF ANDY MORRISON, CAMPAIGNS DIRECTOR NEW ECONOMY PROJECT Subminimum Wage Hearing June 27, 2018 Thank you to Commissioner Reardon and the NYS Department of Labor for the opportunity to participate in today’s important hearing and to share our comments about Governor Cuomo’s proposal to examine raising the base wage paid to tipped workers to…
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Comments Delivered to JPMorgan Chase Management at 2018 Annual Shareholder’s Meeting
On May 15, New Economy Project traveled to JPMorgan Chase’s shareholder meeting in Plano, Texas to direct questions to CEO Jamie Dimon and call on the bank to end its destructive and extractive practices, which have served to perpetuate poverty, segregation, and inequality. Below are the full comments delivered by Juleon Robinson and Andy Morrison.
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Campbell v. Bank of America, N.A. et al.
In December 2016, New Economy Project filed a federal lawsuit against Bank of America, N.A., on behalf of George Campbell, a low-income, African-American New Yorker. The lawsuit alleges that Bank of America violated federal and state consumer protection laws by failing to properly investigate fraudulent, unauthorized activity on Mr. Campbell’s bank account. Mr. Campbell sought…
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Sign-on Letter to Speaker Carl E. Heastie, Re: Request to Include $25 Million for the NYS CDFI Fund in the Final Budget
A diverse group of 59 organizations from throughout New York State request a $25 million appropriation to fund the New York State Community Development Financial Institution Fund (NYS CDFI Fund).
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Sign-on Letter to Secretary of the Treasury Steven T. Mnuchin on Strengthening the Community Reinvestment Act
Nearly 500 national, state, and local organizations urge Secretary Mnuchin to strengthen the federal Community Reinvestment Act in an effort to increase access to safe and sound lending, investments, and banking services in low-income communities and communities of color.