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.

City of Oakland Unanimously Passes Resolution Backing Community Reinvestment Act

February 12, 2019

For the first time in 40 years, the federal government could weaken a little-known but important law encouraging bank lending, services and investments in underserved communities: the Community Reinvestment Act. Advocates like The Greenlining Institute do not expect changes proposed…
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House Diversity Panel a Doubled-Edged Sword for Banks

January 7, 2019

American Banker By Neil Haggerty A new House subcommittee planned by Democrats to focus on diversity in banking and financial inclusion is getting high marks not just from public interest groups but also industry groups that say it could foster…
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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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Congress Should Pursue Shared Prosperity

November 8, 2018

Santa Maria Times By Ky-Nam Miller The Democrats have taken back the House of Representatives in what feels like a clear rejection of the false promises and bigotry of the Trump administration. But now, they must go beyond anti-Trump rhetoric…
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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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