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Advocates from States that Ban Predatory Payday Lending Emphatically Oppose CFPB’s Proposal to Gut Federal Rule WASHINGTON, D.C. – Today advocates from states across the country that ban predatory payday lending voiced strong opposition to the Consumer Financial Protection Bureau (CFPB)’s actions to gut federal rules to curb predatory payday lending.  On a telephone briefing this […]

  Buffalo   Syracuse   NYC   Rochester New Economy Project has published a new set of maps that show persistent redlining in four cities across the state. The maps show banks’ failure to locate branches in communities of color, in Buffalo and New York City. In Buffalo, for example, there are no bank branches […]

The proposed citywide CLT initiative will allow groups to build upon exciting progress at a critical moment of opportunity. The initiative will support essential CLT community education and organizing, board and member training, and other start-up costs; build capacity through legal, financial, and technical assistance; and promote coordination among CLTs so they reach a sustainable scale.

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, and rooted in principles of racial and economic justice.