These are comments submitted by The Greenlining Institute on the Application of Pacific Gas and Electric Company for Approval of 2013-2014 Statewide Marketing, Education and Outreach Program and Budget. The document can be found here. Comments on Phase 1 of PG&E 2013-2014 Statewide Marketing, Education, and Outreach Program and Budget
CEJA, Greenlining and GRID provide guidance on how to promote beneficial community-centered clean energy research projects in low-income and disadvantaged communities.
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 trial program and that a lack of foresight to embed them could disproportionately harm consumers of color and others marginalized from financial markets. Greenlining raised the CFPB’s roll back of fair lending as an overarching concern for this trial program and the Bureau’s overall direction, and included questions and recommendations for the Bureau.
The Greenlining Institute appreciates the Federal Reserve Board’s solicitation of public input for the proposed Regulation II regarding debit card interchange fees and routing.
In light of Greenlining’s mission to ensure safe and equitable access for all communities to the financial sector, we are especially concerned about any disproportionate impact the implementation of (or the failure to implement) this proposed rule could have for unbanked Americans.
Continue reading “Comments of the Greenlining Institute on the Federal Reserve Proposed Regulation II: Debit Card Interchange Fees and Routing”
The Offices of Minority and Women Inclusion are charged with creating standards on workforce and supplier diversity for nearly 70,000 financial institutions in the private sector. Disappointed with their final standards, published in June 2015, Greenlining submitted a final response detailing how the OMWIs’ can improve these regulations moving forward.
To read the comments, click here.
These comments explain why the Commission should not approve the Comcast-Time Warner Cable transaction. The Commission’s Proposed Decision correctly finds that the merger would cause severe harms to consumers and the public interest. However, the Commission’s proposed conditions are insufficient to outweigh those harms. Accordingly, the Commission should deny the merger.
To read the comments, click here.
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 at that level, and there has never been a Latinx Federal Reserve Regional Bank President. The makeup of Fed appointees is heavily skewed towards the financial industry, with nearly 80 percent of Directors coming from the business or banking sectors.
The Greenlining Institute joined with The Center for Popular Democracy’s Fed Up Coalition, Action NC, California Reinvestment Coalition, National Association for Latino Community Asset Builders, New York Communities for Change, PolicyLink and the Revolving Door Project to demand more transparency and meaningful public input in the critical process of selecting new leadership at the Fed and its Regional Banks.
The Leadership Conference on Civil and Human Rights sent a letter endorsed by 200 organizations, including The Greenlining Institute, calling on FCC Chair Ajit Pai to close the digital divide and reject the Federal Communications Commission’s new proposals that will debilitate the Lifeline program.
A coalition of 24 organizations wrote to California Assemblywoman Monique Limón applauding her resolution expressing the state’s support for a strong and independent Consumer Financial Protection Bureau. Assembly Joint Resolution 48 urges the President and Congress to maintain the integrity of the CFPB to carry out its duties to protect and defend consumers from predatory practices and abuses in the financial sector.