A/M Niou Sponsors Panels at NYS Association of Black and Puerto Rican Legislators 47th Annual Legislative Caucus Weekend

February 20, 2018

Albany, NY - Last weekend, Assemblymember Yuh-Line Niou attended and sponsored two panels at the 47th Annual Legislative Caucus Weekend hosted by the New York State Association of Black and Puerto Rican Legislators.

During Caucus Weekend, New York State legislators convene to discuss and share ideas on how to advance the quality of life and wellbeing of our communities of color. Legislators invite community leaders, community-based organizations, and government agencies to participate in a variety of panels. This year, Assemblymember Niou hosted two panels: “Race in America” and “New Yorkers for Responsible Lending.”

Race in America focused on major issues facing the Asian Pacific American community in New York and went hand-in-hand with the Asian Pacific American Legislative Task Force, which Assemblymember Niou co-chairs with Assemblymember Ron Kim of Flushing. The second panel, New Yorkers for Responsible Lending, examined predatory lending and practices in our State, as well as advancing economic justice in our communities.

“Caucus Weekend was a great opportunity to discuss some of the most pressing issues affecting our State’s Asian Pacific American communities, fair lending practices and economic mobility in New York. Unfair lending practices disproportionately affect low-income and communities of color, and while New York State has some of the tightest restrictions on payday lending, we cannot allow predatory lending to take its place. We need to work together with our communities of color to strengthen financial literacy and ensure we have access to tools to build wealth.

Recently, there were several instances of lending circles in the Chinese-American community. Many of the members of the lending circle ended up losing their life savings as a result of predatory practices. I hope to bring this issue and others to the forefront of the Asian Pacific American Legislative Task Force. Some legislators know that these issues that impact the Asian Pacific American community are out there, but now, with the Task Force, there is a designated platform for them to be discussed. Thank you to my fellow Assemblymembers who sponsored panels and to the panelists and advocates who shared their expertise with all of us. I look forward to working with my colleagues to better protect our communities of color.”