The Laura Flanders Show — Our Co-Director Deyanira Del Rio joins other members of the PublicBankNYC coalition to discuss the momentum for a public bank in NYC and the public launch of the campaign.
The Progressive — The other day in front of the New York Stock Exchange, a diverse group of demonstrators held colorful signs and chanted, “Hey, hey! Ho, ho! Wall Street banks have got to go!” The rally on June 5 was reminiscent of the Occupy Movement seven years ago—a microcosm of organized, strategic social and political demonstrations across states.
Next City — Winsome Pindergrass wants a better chance at securing financing to buy a home. At a June 5 rally in front of the New York Stock Exchange, the 59-year-old Brooklyn resident talked about how three-quarters of her monthly income goes to her $2,200-a-month rent, which has nearly doubled since 2010. She’s watched her neighbors get pushed out by rising rents.
Mic — Could the city best known as the home of Wall Street divest from major corporate banks and start its own public bank? That’s the vision that a new network of activist groups hope see in the near future.
El Diario — La ciudad de Nueva York deposita miles de millones de dólares en la banca de Wall Street y “esos banqueros ganan millones con esos depósitos y las comisiones mientras dan pocos beneficios a la ciudad, sus pequeños negocios y residentes”, explicaba el martes Stephen Edel, de New York Working Families.
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.”
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 the dais, on which sat Jamie Dimon, the bank’s C.E.O., who lorded over the proceedings.
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 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 administrative policy temporarily protecting “dreamers” from deportation.
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.