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."
"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.”
Taifa Smith Butler, joins News NOW on Black Women’s Equal Pay Day to discuss why Black women in America have to work 579 days to earn what a white man does in one year and how companies can work to combat this pay disparity and inequality.
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."
This Black History Month (and into March), workers at Amazon’s Bessemer, Alabama warehouse have the power to keep making history by voting for their union.
"As we continue to mourn Arbery’s death, we must work to expose the wrongs of this system, right them, and move toward becoming a land in which 74 days of protests isn’t the prerequisite for an arrest.”
"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."
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.
Angela joins Moms Rising CEO Kristin Rowe-Finkbeiner to talk worker power and a new generation of unions, and why a multiracial democracy is essential for a thriving economy.
