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Wealth gap costs over last two decades: $2.7 trillion in Black income, $16 trillion to U.S. economy
October 8, 2020
“Yet even today, with all those credentials and as one of the leading executives on Wall Street,” wrote Raymond J. McGuire, Citi’s Vice Chairman and Chair of its Global Banking and Capital Markets, “I am still seen first as a six-foot-four, two-hundred-pound Black man wherever I go — even in my own neighborhood. I could have been George Floyd. And my wife and I are constantly aware that our children could have their innocence snatched away from them at any given moment, simply for the perceived threat of their skin color.” ... read more »
JPMorgan Chase Celebrates Graduates, Expands Commitment to Supporting Young Men of Color
July 2, 2020
Amidst the slew of nationwide virtual graduation ceremonies this past June, JP Morgan Chase held a similar event for its 10-year old mentoring success program The Fellowship Initiative. TFI’s Class of 2020 will see thirty-eight predominantly Black and Latinx young men from low-income communities throughout Los Angeles attending colleges across the state, as well as Princeton in New Jersey. ... read more »
Rep. Waters to Police: Do Not Kill Another Unarmed Black Person
June 18, 2020
Congresswoman Maxine Waters (CA-43), Chair of the House Financial Services Committee, issued a statement on the death of at least two Black men who were killed by the police in the past few weeks: Rayshard Brooks in Atlanta, GA and Maurice Gordon in Bass River, New Jersey. Her statement follows: ... read more »
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Clarence Waldron Receives Lifetime Achievement Award
May 14, 2020
Clarence Waldron, known as “the dean of arts and entertainment journalists” has been named the recipient of a 2020 Lifetime Achievement Award from the Chicago Headline Club’s Peter Lisagor Awards. ... read more »
Booker Ends Presidential Bid After Polling, Money Struggles
January 17, 2020
Democrat Cory Booker dropped out of the presidential race Monday, ending a campaign whose message of unity and love failed to resonate in a political era marked by chaos and anxiety. ... read more »
Kipp SoCal Alumna Selected For National Leadership Accelerator
January 2, 2020
Simone Edwards, a graduate of KIPP SoCal school was selected to participate in KIPP’s national Alumni Leadership Accelerator program, a year-long fellowship for KIPP alumni leaders in their 20s and 30s. Simone is among 23 KIPP alumni nationwide who were selected as fellows this year, chosen from a competitive pool of over 100 applicants nominated by their KIPP regions. KIPP partners with Management Leadership for Tomorrow to deliver the program.   ... read more »
Senator Harris Speaks at SC Candidate Forum After Organizers Nixed
November 1, 2019
Democratic presidential candidate Kamala Harris spoke at a criminal justice forum at a historically Black college on Saturday after a group that honored President Donald Trump with an award was removed as the event sponsor. ... read more »
Importance of Educators of Color for Black and Brown Students
October 31, 2019
This month, my organization, the National Alliance of Public Charter Schools released its highly-anticipated report, “Identity and Charter School Leadership: Profiles of Leaders of Color Building an Effective Staff” which examined the ways that school leaders of color’s experiences and perspectives influence how they build school culture, parent and community relationships, and effective staff. ... read more »
Singer Jackie Wilson Posthumously Receives Walk of Fame Star
September 6, 2019
Singer Jackie Wilson, who helped usher in the emergence of soul and rhythm-and-blues music in the 1960s, was posthumously honored with a star on the Hollywood Walk of Fame. ... read more »
102 House Members Rebuke Delay of Payday Loan Rule Waters Led Effort Supported by Many CBC Members
September 5, 2019
Anyone who struggles with the rising costs of living knows all too well how hard it is to try stretching dollars when there’s more month than money in the household. Predatory lending, like payday and car-title loans, worsen financial stress with triple-digit interest rates that deepen the debt owed with each renewal.    ... read more »
America’s Racial Wealth Gap Could Cost Economy $1.5 Trillion
August 29, 2019
America’s nagging racial wealth gap has been the focus of many research reports and economic policy debates. Now new research analyzes the strong connection between disproportionate wealth and financial services and products that are either shared or denied with consumers of color. ... read more »
Another 100 million consumers at Risk from Capital One Bank Data Breach
August 8, 2019
A second major disclosure of major consumer data breach was announced on July 29 by Capital One Bank. That same day, the FBI arrested a suspect was charged with stealing the personal information on March 22 and 23. The apparent focus of the financial theft was credit card applications filed with the bank between 2005-2019. ... read more »
David Mack Builds Community Bridges Through the Arts
July 11, 2019
The executive director of Invertigo Dance Theatre seeks to unite communities, give inspiration and shape the forefront of the arts in Los Angeles. ... read more »
Nate Holden Celebrates 90th Birthday-Still Going Strong
June 27, 2019
At 90 years young Nate Holden looks as fit as a fiddle.  On Saturday evening June 15 at the Luxe Hotel - Sunset, family, friends and colleagues all came together to honor one of Los Angeles first and most influential political leaders. ... read more »
Major Prostate Cancer Research Targeting African Americans Set to Begin
March 21, 2019
a national network of prostate cancer researchers and experts who have joined forces to study prostate cancer in African American men has received a $26 million grant as part of former Vice President Joe Biden’s Cancer Moonshot Initiative to conduct the largest study ever to look at the underlying factors and reasons that put African American men at higher risk for developing and dying from prostate cancer. ... read more »
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