Private credit reporting is failing for all of us who must rely on credit reports produced by for-profit companies to navigate financial transactions. For communities of color, credit scores evoke the decades of bank redlining and unequal access to credit whose impact persists to this day.
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.
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.
The New York State Senate and Assembly heard arguments for public financing of elections, the best policy tool we have to push back against the presence of big money in politics and to push forward on the march toward racial equity.
New York City’s system has enabled candidates ― especially those from less affluent neighborhoods ― to more consistently rely on small donors in their districts.
The Trump administration’s latest attack on immigrants, a proposed rule that would punish families for accessing public benefits, has rightfully come under fire for its potential to threaten children’s health and impose financial hardship on households and communities.
Rather than try to dismantle one of the few tools we have to keep this problem from getting worse, this administration should take a more nuanced and comprehensive approach toward making our campuses more reflective of our society, particularly for the most diverse generation of students ever.
The Supreme Court’s Citizens United decision has made it even more difficult for minorities to affect politics with money, said Adam Lioz, political director for the left-leaning advocacy group Demos.
Judge Kavanaugh's record raises serious concerns that he would expand the power of big money in politics, weaken voter protections, and insulate the president from the rule of law.
Chiraag Bains, Director of Legal Strategies for Demos
“Do you believe that the Constitution requires that we allow corporations and wealthy individuals the unfettered ability to translate their economic might into political power through campaign contributions and expenditures—even if it drowns out the voices of working-class Americans and erects barriers to candidates of color who lack access to big money and the mostly white donor class?”
Empirical data showing policymakers, organizers, and progressives that there is clear public support for the notion that racism is a divide-and-conquer tactic creating distrust, undermining belief in government, and causing economic pain for everyone, of every color.
In the midst of a Twitter feed alight with stories about police being used to shut black people out of places to eat, drink, exercise, and relax, comes a story about Trump’s Department of Housing and Urban Development (HUD) using policy to do the same. The federal government is adding new and significant hurdles to communities of color — particularly black people — being able to access housing.
In answer to the question, "why, after 200 years, [...] do we need an amendment to say that we are equal citizens?," Demos Senior Advisor for Legal Strategies Brenda Wright lays ou