"Black and Latinx borrowers [are] more likely to be denied credit than white borrowers and more likely to be charged higher interest rates [...]. [O]ne of many ways the financial deck is stacked against Black and brown consumers.”
The winter storm disaster in Texas was a crisis fueled by a failure to address climate change and the influence of oil and gas companies in state and local politics.
The American Rescue Act will provide economic relief and investments in Black and Brown communities. Yet, for all its strengths, there are still significant limitations.
Sergio Ramirez's case, TransUnion v. Ramirez, reveals how credit reporting companies like TransUnion have little incentive to invest in making credit reports more accurate and avoiding serious mix-ups.
Taifa Smith Butler is a visionary leader who brings more than 20 years of experience in strategic communications, public policy research, and data analysis in the public, nonprofit, and private sectors. She will lead Demos starting July 1, 2021.
Corporate America took a stand for equality and democracy against the state of Georgia. Yet, the unbalanced economic system they’re part of creates an opportunity to reassess corporate power in our society.
Big companies are using data to preserve the power imbalance that keeps them rich. This economic model is rooted in chattel slavery and relies on the extraction and commodification of data.
Corporate and far-right special interests incite deficit fears by manufacturing an artificial crisis around debt. This has consolidated wealth and power in predominantly white corporate hands—and at the expense of Black and brown communities—for decades.
The Executive Order on Racial Equity represents a firm commitment by the Biden Administration to champion racial equity and to advance equitable practices in data collection and data provision.
New York, NY — The 2008 presidential campaign ended with a sharp moral debate about "spreading the wealth" in the United States. With national concern about a barrage of bad economic news--from the financial meltdown on Wall Street to the near-bankruptcy of the American auto-industry — which, coupled with bailouts and controversial tax plans proposed by the new Administration, have moved the issue of wealth distribution to the forefront of public debate.
From March through May, New Florida Majority Education Fund surveyed over 21,000 Floridians to ask how the pandemic was affecting their lives and well-being. This report presents our findings from those surveys.
Proposal to Expand Funding for Low-Income Students; Increased Access to Federal Loan Program
New York, NY — Demos, a national, non-partisan, public policy and advocacy organization, in partnership with twelve national organizations representing students, colleges, consumers, and college administrators, sent a letter to Congress on Wednesday calling for increased investment in college affordability and reducing financial barriers for entry into post-secondary education.
It is more vital than ever that Black- and brown-led organizations have the resources they need to combat the many issues confronting their communities and to build durable and sustainable power.
Credit reports and scores control access to public goods people need. Yet, in the midst of a global pandemic and economic collapse, remaking the nation’s credit reporting system is not the top concern.
An executive action for student debt cancellation would provide much needed economic relief to millions of Black and Latinx families in order to avoid financial catastrophe during the continuing global pandemic.
Caregiving work has historically been undervalued. Today, Black women are disproportionately employed in caregiving work and facing the worst of the COVID-19 economic crisis.
