"Today's passage of the Inflation Reduction Act is a testament to the tireless organizing by Black and brown communities to elevate climate change and rising, unchecked corporate power as existential threats."
Angela Hanks has joined the Demos staff as Chief of Programs. Hanks comes to the organization with extensive experience working within the public and nonprofit sectors and a passion for the pursuit of racial equity.
"Water is — and always should be — a public good. Cutting corners and endangering the public to deliver profits for a private corporation is the height of greed and disregard for the people’s well-being."
If Build Back Better is passed, how do we ensure that everyone gets their fair share? How do we follow the money from the legislation? L. Joy brings Taifa Smith Butler to the front of the class to give us the action items we need to make sure our communities get the most out of it.
"For the sake of millions — people watching their rents go up while their wages don’t, parents who need support in tackling the ever-rising cost of child care, and seniors who regularly must decide whether they can afford their bills or their pills — the Senate must pass this legislation.”
The For the People Act outlines a vision of what’s possible when our nation lives up to its promise of being a place where all people can lift their voices via their votes and their small dollar contributions.
"Black and Latinx borrowers [are] more likely to be denied credit than white borrowers and more likely to be charged higher interest rates [...]. [O]ne of many ways the financial deck is stacked against Black and brown consumers.”
An economy that ultimately lives up to our country’s promise will require us to invest in public goods and health infrastructure, break up concentrated economic power, and ensure equitable access for Black and brown communities.
“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.