“The student debt crisis is yet another example of the deep and structural racial injustice at that heart of our economy. It prevents Black and Brown families from building wealth and economic power and has undermined the fundamental goal of higher education as a public good."
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.
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.
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.