This is our written testimony submitted to the Subcommittee on Financial Institutions and Monetary Policy on March 7, 2024.
March 7, 2024
Bankingconsumer protectionCreditCredit Cards
Latinos have experienced disproportionate harm to both their lives and livelihoods as a result of the COVID-19 pandemic, which has worsened preexisting disparities in income and wealth.
We build solutions to decrease income inequality, advocate for better access to affordable homeownership, and promote policies to lift more Latinos out of poverty.
We firmly believe that when we open doors for more people to participate in our economy, we can all do better.
Our workforce development programs strengthen communities by increasing pathways for Latino workers to improve their educations and skills, connecting youth with meaningful employment, and expanding opportunities for bilingual workers. We also promote robust workforce policies to ensure an equal footing for all workers.
Too many Latinos are forced to choose between their jobs and their health. Paid sick days legislation would help millions of working people, including Latinos.
Play video in lightboxA discussion delving into the Latina Wealth Gap by exploring new data on the pandemic’s impact on Latina wealth, taking a look at the systemic barriers to building wealth that have long impacted Latinas, and discussing recommendations on how to move forward with addressing the gap and supporting Latinas in wealth-building.
Play video in lightboxLatino college students in California are disproportionately first-generation and low-income. About 50 percent of community college students in the state experienced food insecurity before the pandemic; 60 percent faced housing insecurity. And, Latino students are more likely to face financial barriers when it comes to completing higher education.
Play video in lightboxThis is our written testimony submitted to the Subcommittee on Financial Institutions and Monetary Policy on March 7, 2024.
March 7, 2024
Bankingconsumer protectionCreditCredit Cards
UnidosUS welcomes the Treasury’s RFI on Financial Inclusion as a critical step to advance financial inclusion in our country.
February 21, 2024
BankingDepartment of TreasuryFinancial Inclusion
UnidosUS submits comments in response to the CFPB’s notice of proposed rulemaking on personal financial data rights in Section 1033.
December 29, 2023
access to creditBankingData and PrivacyPersonal Financial Data Rightsand 1 more tag
This letter supports the NCLC’s petition to the CFPB for rulemaking that improves language access at all steps of the homeownership journey, including loss mitigation procedures and foreclosures.
October 30, 2023
CFPBHomeHomeownershipLanguage access