Economic Equity works to overcome the lingering effects of redlining, help communities of color build wealth, and ensure that our financial system works for all.

Greenlining Strongly Opposes Proposed Rulemaking on Public Charge

November 27, 2018

The Greenlining Institute issued comments strongly opposing the Department of Homeland Security’s Notice of Proposed Rulemaking on Public Charge. The proposed rule would expand the list of factors considered in whether immigrants applying for green cards would be “public charges,”…
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Here’s What It Takes to Create a Product that Actually Helps the Unbanked

November 26, 2018

Bankrate By Amanda Dixon There’s no point in creating a product or service targeting the unbanked  — unless it’s designed with their specific needs in mind. Data recently in October by the Federal Deposit Insurance Corp. indicates that 6.5 percent…
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Letter to OCC re: Proposed Community Reinvestment Act Reform

November 9, 2018

The Greenlining Institute and coalition partners submitted a comment letter in response to the Office of the Comptroller of the Currency’s Advance Notice of Proposed Rulemaking (ANPR) to the Community Reinvestment Act (CRA). Greenlining pushed back against the OCC’s proposals…
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The Dems Have Taken Back the House, Now Here’s What They Should Do

November 8, 2018

400 billionaires now own more wealth than the bottom 64% of Americans. Let’s do something about that. The Progressive by Kỳ-Nam Kwon Miller The Democrats have taken back the House of Representatives in what feels like a clear rejection of…
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Greenlining Joins Ella Baker Center to Support Alameda County Criminal Justice Reform

October 19, 2018

The Greenlining Institute submitted a letter to the Alameda County Board of Supervisors urging the County to eliminate adult fines and fees. Unjust criminal fines and fees exacerbate the lingering impacts of redlining policies by denying economic opportunities to individuals…
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Coalition Urges Federal Reserve to Develop Transparent, Equitable and Democratic Selections Process

October 12, 2018

The Greenlining Institute endorsed a letter spearheaded by the Fed Up! Campaign calling for changes in how Federal Reserve Bank Presidents are chosen. In 2017, Raphael Bostic was named President of the Atlanta Fed, the first African American to serve…
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Comments on Consumer Financial Protection Bureau’s Trial Disclosure Program Proposal

October 11, 2018

The Greenlining Institute’s Economic Equity and Telecommunications teams submitted a comment letter in response to the Consumer Financial Protection Bureau’s Trial Disclosure Program proposal. Greenlining raised that critical safeguards to control for discrimination and adverse impact were missing from this…
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New Administration Should Focus on Consumer Protection

October 9, 2018

Capitol Weekly By Sharon Velasquez According to the U.S. Department of Commerce, California today ranks as the 5th largest economy in the world, surpassing the United Kingdom. To flourish, great economies like California’s need consumer protections and oversight of financial markets.…
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To Fight Redlining, Community Should Lead CRA Reforms

October 3, 2018

Small Business Exchange Online By Rawan Elhalaby Once again, the Trump administration is advancing an agenda that favors banks to the detriment of communities of color. Office of the Comptroller of the Currency head Joseph Otting proposes to gut the…
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Greenlining Joins Tax Alliance for Economic Mobility in Condemning Unfair Tax Cuts

September 27, 2018

The Greenlining Institute joined a coalition of nearly a dozen organizations to criticize a proposed second round of GOP designed tax cuts heavily favoring the top 1% of households.  At a time of growing inequality, equitable tax reform is needed…
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