Our current system of campaign finance reform suppresses the political power of people of color and that lack of political power has had proven, lasting consequences.
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.
Women of color are generally underrepresented as campaign donors even though they vote at high rates, according to research by progressive think tank Demos.
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.
Removing unnecessary hurdles to small donor participation will help fix a system that currently prioritizes wealthy, white, male donors over communities of color and working-class people.
Arguments Heard Today Suggest Precedents Limiting Corporate Political Influence Under Threat
Washington, DC — Today's argument in Citizens United v. FEC suggests that the Roberts Court is poised to sweep aside century-old restraints on corporate domination of the political marketplace — unless the wisdom of the Court's newest member proves persuasive when the decision is ultimately written.
“These are folks who are serving [and] preparing food for all of the rest of us. It's a recipe for contagion when...the people preparing your food cannot afford to stay home when they have a contagious disease.”