A Comprehensive Response to COVID19

CRC is closely monitoring the situation as the impacts of Coronavirus disease (COVID-19) continue to be reported. We are following all guidelines from the Centers for Disease Control and Prevention (CDC) as well as local and state-wide public health recommendations.

We are also calling for a comprehensive response to COVID19 to ensure America’s working families are able to withstand the economic shock that is just beginning and threatens to be long lasting. Read our most recent email in response to the proposed CARES Act.

As you know, crises are not equalizers. People of color are likely to suffer the deepest economic impacts from the COVID-19 pandemic. The housing crisis of the Great Depression shows us how the greatest wealth losses occurred in Latino and African American households. We can expect the same during this crisis and must target our solutions and resources accordingly.

We Need To Hear From You

We are hearing from you in calls and emails about how your communities and clients are experiencing the change in the economy brought on by the pandemic. Yet, we know that there is more we need to hear. To that end, we designed a short survey that will collect key information about what you are seeing.  Kindly take 10 minutes to respond and share your experience. Your time responding to the survey allows us to move in the right direction with our advocacy efforts.

Bail Out the People Plan

CRC is calling for a comprehensive response to COVID19 to ensure America’s working families are able to withstand the economic shock that is just beginning and threatens to be long lasting.

A comprehensive and commensurate response to COVID19 will require that the nation’s wealthiest, largest institutions, those that have profited off the backs of working families, sacrifice the most during this time of greatest need.

Wells Fargo and JP Morgan Chase announced COVID19 relief that amounts to less than half their CEO pay and .00185% of their net assets respectively. So far, other banks have not made any commitments at all. If we are truly in this together, then banks are a part of the solution. They can do better and must do so immediately.

CRC’s demands for COVID19 for both government actors and the nation’s banking system. We are in this together.

Click on the images below to download our demands.

Protecting Californians from Financial Harm

Right now, financial predators and scammers are already taking advantage of the coronavirus crisis to target seniors, people who are fearful or cash strapped, and even people who are trying to be helpful.

We have developed a helpful infographic to alert community members on how they can protect themselves and loved ones.

Please share widely through your social networks by clicking on the images below to download in English or Spanish.

Avoid Coronavirus Scams

Evite Estafas Financieras

Additional Resources

Many organizations and governments have responded with resources and services to help individuals, small businesses and institutions cope with these challenges.

In The News

Join CRC

We will be following up in the weeks ahead with a rapid response strategy that identifies policy recommendations and actions to help protect low-income families and communities of color from financial harm.

To stay informed, sign up for our email list at the bottom of this page.

Anyone in your network who should be involved in this fight more directly can sign up to be a CRC member.

Your financial support helps CRC create a more just and equitable economy for Californians.
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