American democracy wasn't functioning well for many Americans before this election. Sure, it's working well as it was designed by our all-white, all-male founding fathers — to protect white political power — but it's still failing Black and brown people.
“They collect our data without our permission. They profit from our data. They fail to invest in processes to verify accuracy. And their models are not transparent. This puts Black and Brown consumers at a serious disadvantage.”
The Biden administration should implement its public credit registry proposal to shift power away from an oligopoly that exercises inordinate control over consumers’ financial prospects and towards a fairer system that better respects consumers and reduces racial inequality.
“The actual dollar amount, it’s hard to put that at a figure that’s enough to help everyone who is struggling. And because of that, I’d err on the side of doing more.”
"Black student debtors "are 16 percent more likely to be in default or seriously delinquent than white student debtors; Latino borrowers are 8 percent more likely."
Although the path forward is still uncertain, one thing is clear: There is momentum around voting rights, and Americans across the country are ready for our elected officials to do everything they can to make it easier — not harder — to vote.
"Although credit scores never formally take race into account, they draw on data about personal borrowing and payment history that is shaped by generations of discriminatory public policies and corporate practices that limit access to wealth for Black and Latinx families."
"Central to the work of racial justice is ensuring that Black and brown, our most marginalized communities, our most marginalized residents of this country, have access to the ballot."
“The government has not asked questions of the banks for this latest bailout—protecting the priorities of banks and shareholders. But for the rest of us, not so much.”
Since this country’s founding, Black and brown women have been America’s safety net. Both at home and abroad, our underpaid and unpaid labor are the building blocks that allow America to thrive.
“In their genesis, they’re about preventing Black people in the South from voting. So especially in our pursuit of a multiracial, inclusive democracy, these laws can’t exist.”
In 2019, progressive organizations, funders, academics, artists, and more came together to strategize about what must be done to face and address the crises undermining our democracy.