As part of an effort to reshape rules around debt and lending to reduce racial wealth inequality, we propose establishing a public credit registry to gradually replace the current for-profit credit reporting system.
Today, Demos proposed establishing a public credit registry, housed in the Consumer Financial Protection Bureau, as an essential part of a larger effort to reshape rules around debt and lending in order to reduce racial wealth inequality.
Demos strongly supports the Climate and Community Protection Act (CCPA) that will protect and strengthen climate-impacted Latinx communities by reducing climate pollution and targeting clean energy investment based on principles of equity and racial justice.
If we want to pass climate policies that could actually help reverse the climate crisis, then we also need to fix our democratic system that gives too much power to wealthy donors and big polluters.
While Demos celebrates the legislation’s strong mandate on emissions reductions, the governor’s exclusion of community investment mandates and labor standards prolongs the fight for climate justice in New York and nationwide.
Women of color are generally underrepresented as campaign donors even though they vote at high rates, according to research by progressive think tank Demos.