Private credit reporting is failing for all of us who must rely on credit reports produced by for-profit companies to navigate financial transactions. For communities of color, credit scores evoke the decades of bank redlining and unequal access to credit whose impact persists to this day.
The Disparate Impact standard is critical to continued and enhanced opportunity to access fair credit, housing, and homeownership. Demos strongly opposes efforts to undermine this longstanding enforcement tool.
On this Haitian Independence Day, the world must recognize Haiti and her people not only for their struggle, but also for their ingenuity, their resolve and their courage.
In the last ten days, the House has passed two much-needed bills for Black and brown people and working people of all backgrounds. The PRO Act, is the most far-reaching reshaping of U.S. labor law in decades. The CREDIT Act would overhaul the nation’s credit reporting system.