Letter to the Federal Reserve Board Re: Proposed Guidance on Expectations for an Effective Board of Directors

On October 3rd, The Greenlining Institute submitted a comment letter to the Federal Reserve Board regarding its proposed guidance on supervisory expectations for an effective board of directors. The proposal notes that an effective board should be “composed of directors with a diversity of skills, knowledge, experience, and perspectives.” While this language offers guidance around the importance of a diverse board, it does not explicitly name racial, ethnic and gender diversity as important considerations in creating a diverse board. Greenlining requested that this explicit language be included in the proposed guidance. Read it here.

Comments to the California Energy Commission Regarding EV Charging Incentive Projects

The Greenlining Institute filed public comment with the California Energy Commission regarding its Block Grant for electric vehicle charger incentive projects. We made recommendations to ensure incentive projects coming out of this Block Grant promote EV access for low- and moderate-income households and promote good jobs and job training for low-income workers and contracting opportunities for minority-owned businesses. Read it here.

Greenlining Supports Section 1071 of the Dodd-Frank Wall Street Reform Act

On September 14th, The Greenlining Institute submitted a letter to the Consumer Financial Protection Bureau, along with 33 nonprofits, Chambers of Commerce, and business associations, strongly urging the CFPB to implement Section 1071 of the Dodd-Frank Wall Street Reform Act. The rule amends the Equal Credit Opportunity Act to require financial institutions to compile, maintain, and report critical information about small business lending activity including an applicant’s race, ethnicity, and gender. Section 1071 will be critical in ensuring fair access to capital for small, women- and minority-owned businesses. Read the letter here.

Greenlining Opposes Proposal for Regionalization of the Western Power Grid

Greenlining submits an Opposition Letter to AB 726 and AB 813 that collectively regionalize the administration of the western power grid. Greenlining is not opposed to the concept of regionalization, but finds significant problems with the language and lack of public process of AB 726 and AB 813. Greenlining is concerned about the potential impacts of the bills on low-income and communities of color who overwhelmingly reside closest to the dirtiest polluters on our power grid. Read the letter here.

Greenlining’s Comments in FCC’s Accelerating Broadband Deployment Proceeding

These are comments in an FCC proceeding regarding whether providers may shut down so-called “legacy” telephone services.  In the comments, Greenlining argues that discontinuance of telephone services is a racial equity issue, and that the Commission must ensure that any discontinuance of services does not have a disparate impact on communities of color. Read the comments here.