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President Biden’s Full Howard University Commencement Address
NNPA NEWSWIRE — “You’re the scientists, the doctors, the advocates who will bring — do big things like ending cancer as we know it and even curing some cancers, which we’re on our way of doing. You’re the diplomats and global citizens making democracy work for people around the world. Lawyers defending our rights. Artists shaping our culture. Fearless journalists. This is real, though. You’re – this is what you’re doing. Fearless journalists and intellectuals pursuing the truth and challenging convention.
The post President Biden’s Full Howard University Commencement Address first appeared on BlackPressUSA.
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You are here with your heart and through the heartache, through blood, sweat, and tears of everything that’s came before, for everything yet to come. You are here at a new moment of hope and possibilities.
But, graduates, before we begin, as mentioned many times, tomorrow is Mother’s Day. Stand for your mothers and grandmothers. Stand and thank them.
Where I come from, moms rule.
To my friend – and he is my friend – Congressman Jim Clyburn, the thing that I admire most about you, Jim, is your absolute integrity in everything you do – in everything you do. This is a man of honor.
I attended South Carolina State University’s commencement as Jim received his degree, he earned 60 years ago but never got a chance to receive it in person.
Jim, it’s an honor to join you here today and receive an honorary degree from this great university.
And it’s truly special – special to join fellow honorees. Prime Minister Rowley, I didn’t know you were so talented. I just thought you were foreign policies – you know, Latin American guy. I – you know, I – we got to talk.
All kidding aside, thank you for being a strong partner in the Caribbean and for addressing climate change and supporting democracies across the Western Hemisphere.
I’m also honored that – there’s a person here today, Dr. Tony Allen. He is President of my home state [H]BCU, Delaware State University, where I got politically started.
I was fortunate to have Tony as a Senate staffer for a long time. Then he got his PhD, had a distinguished career in business, and became president of an HBCU.
Now Tony chairs my White House Board of Advisors on HBCUs, which is designed to support and advance HBCU excellence with a lot more money.
I’m also proud to say that we’re the first White House to formally convene where the real power is: The Divine Nine. Oh, you all – you all think I’m kidding? Not a joke.
The Divine Nine not only has a seat at the table, we definitely hear you at the table. And there, first time ever, at the White House permanently.
So, folks, in 2023, I’m truly honored to be here at Howard.
Chartered 156 years ago by an act of Congress just after Emancipation and the Civil War. Founded – founded on a hilltop in Washington, D.C. The Mecca. The Mecca.
Always promoting, excellence, leadership, and truth and service. It really has. And a proving ground for future leaders of science, medicine, education, business, faith, arts, entertainment, and public service.
Trailblazing intellectuals, lawyers, doctors. The first Black – I might say – Vice President of the United States of America. You can say that again.
Kamala sends her love. And she sent a clear message that today I have the privilege, as she points out, of speaking at the real H-U.
Now you realize that’s going to cost me at home.
This – there’s enormous pride in this university founded in the verses of the Howard anthem. And I quote, “Reared against the eastern sky, proudly there on hilltop high… There she stands for truth and right, sending forth her rays of light.” It matters. It matters. It matters.
We’re living through one of the most consequential moments in our history with fundamental questions at stake for our nation.
Who are we? What do we stand for? What do we believe? Who will we be? You’re going to help answer those questions.
Let me take you back to January of 2009. I stood in Wilmington, Delaware, on the train station of Amtrak, carrying my folder waiting to be picked up by a guy named Barack Obama.
The first Black man elected President of the United States.
I was there to join him as Vice President on the way to the historic inauguration in Washington. A moment of extraordinary hope, but also, as I stood there – and this is the God’s truth – I couldn’t help think about another day I stood there.
I wasn’t much more than your age. I’d just got out of law school.
I was a public – I had gone to work for a big firm, but my state – because when Dr. King was assassinated, parts of it were – my city – parts were burned to the ground. We had a very conservative governor.
He stationed the National Guard on every corner with drawn bayonets for 10 months. I quit and became a public defender.
And I used to have to introduce my clients – no, that’s not so noble – I had to interview my clients down at the Wilmington train station when they were arrested.
On the east side – that’s where they’d be taken in the aftermath of the riots that burned Wilmington following his assassination.
In 2009, while waiting for Barack, I was both living history at the same time I was reliving it. A vivid demonstration: When it comes to race in America, hope doesn’t travel alone.
It’s shadowed by fear, by violence, and by hate.
But after the election and the re-election of the first Black American President, I had hoped that the fear of violence and hate was significantly losing ground.
After being – no longer being Vice President, I became a professor at the University of Pennsylvania for four years.
But in 2017, in Charlottesville, Virginia, crazed neo-Nazis with angry faces came out of the fields with – literally with torches, carrying Nazi banners from the woods and the fields chanting the same antisemitic bile heard across Europe in the ‘30s.
Something that I never thought I would ever see in America.
Accompanied by Klansmen and white supremacists, emerging from dark rooms and remote fields and the anonymity of the Internet, confronting decent Americans of all backgrounds standing in their way, into the bright light of day.
And a young woman objecting to their presence was killed.
And what did you hear? That famous quote. When asked about what happened, that famous quote. “There are very fine people on both sides.”
That’s when I knew – and I’m not joking – that’s when I knew I had to stay engaged and get back into public life. No, I – I don’t say it for that reason. I say it for the journey.
I don’t have to tell you that fearless progress towards justice often meets ferocious pushback from the oldest and most sinister of forces. That’s because hate never goes away.
I thought, when I graduated, we could defeat hate. But it never goes away. It only hides under the rocks. And when it’s given oxygen, it comes out from under that rock.
And that’s why we know this truth as well: Silence is complicity.
It cannot remain silent. We are living through this battle for the soul of the nation. And it is still a battle for the soul of the nation.
What is the soul of a nation? Well, I believe the soul is the breath, the life, the essence of who we are. The soul makes us, “us.”
The soul of America is what makes us unique among all nations. We’re the only country founded on an idea – not geography, not religion, not ethnicity, but an idea.
The sacred proposition rooted in Scripture and enshrined in the Declaration of Independence that we’re all created equal in the image of God and deserve to be treated equally throughout our lives.
While we’ve never fully lived up to that promise, we never before fully walked away from it.
We know that American history has not always been a fairytale.
From the start, it’s been a constant push and pull for more than 240 years between the best of us, the American ideal that we’re all create equal – and the worst of us, the harsh reality that racism has long torn us apart.
It’s a battle that’s never really over.
But on the best days, enough of us have the guts and the hearts to st- – to stand up for the best in us.
To choose love over hate, unity over disunion, progress over retreat. To stand up against the poison of white supremacy, as I did in my Inaugural Address – to single it out as the most dangerous terrorist threat to our homeland is white supremacy.
And I’m not saying this because I’m at a Black HBCU. I say it wherever I go.
To stand up for truth over lies – lies told for power and profit.
To confront the ongoing assault to subvert our elections and suppress our right to vote. That assault came just as you cast your first ballots in ‘20 and ‘22.
Record turnouts. You delivered historic progress.
I made it clear that America – Americans of all backgrounds have an obligation to call out political violence that has been unleashed and emboldened.
As was mentioned already, bomb threats to this very university and HBCUs across the country.
To put democracy on the ballot.
To reject political extremism and reject political violence.
Protect fundamental rights and freedoms for women to choose and for transgender children to be free.
For affordable healthcare and housing.
For the right to raise your family and retire with dignity.
To stand with leaders of your generation who give voice to the people, demanding action on gun violence only to be expelled from state legislative bodies.
To stand against books being banned and Black history being erased.
I’m serious. Think about it.
To stand up for the best in us.
And today, I come here to Howard to continue the work to redeem the soul of this nation, because it’s here where I see the future.
And I’m not – that’s not hyperbole.
We can finally resolve those ongoing questions about who we are as a nation. That puts strength of our diversity at the center of American life.
A future that celebrates and learns from history.
A future for all Americans. A future I see you leading. And I’m not, again, exaggerating. You are going to be leading it.
Again, let’s be clear: There are those who don’t see you and don’t want this future.
There are those who demonize and pit people against one another. And there are those who do anything and everything, no matter how desperate or immoral, to hold onto power. And that’s never going to be an easy battle.
But I know this: The oldest, most sinister forces may believe they’ll determine America’s future, but they are wrong.
We will determine America’s future. You will determine America’s future. And that’s not hyperbole.
No graduating class gets to choose the world into which they graduate. Every class enters the history of a nation up to the point it has been written by others.
But few classes, once in every several generations, enter at a point in our history where it actually has a chance to change the trajectory of the country.
You face that inflection point today, and I know you will meet the moment. I – just think about the many ways you already have.
With your voices and votes, I was able to fill my commitment to put the first Black woman on the Supreme Court of the United States of America.
And, by the way, she’s brighter than the rest.
She is one bright woman.
Because of you, more Black women have been appointed to the federal appellate courts under – than under every other President in American history combined.
And, by the way, I mean it. I mean it. Because of you. Because of you.
You turned out. You spoke up. You knew. You showed up, and the votes counted. And you made people say, “Whoa, wait a minute.
What price will I pay if I don’t do the following?”
You feel the promise and the peril of climate change. Because of you, we’re making the biggest investment ever in the history of the world in climate change.
Don’t ever think your voice doesn’t matter.
I’m keeping my promise that no one should be in jail merely because of using or possessing marijuana. Their records should be expunged – just expunged.
My student debt relief plan would help – tens of millions of people, especially those on Pell Grants.
Seventy percent of Black college students receive Pell Grants. Many of you, the savings would be significant and even wiping out student debt completely for some.
But – this new Republican Party is dead set against it, suing my administration to stop you from getting student debt relief.
The same opposition who received relief loans, I might add, to keep their businesses afloat during the pandemic – members of the Congress – worth thousands, even millions of dollars – most of which didn’t have to be paid back. Yet, they say it’s okay for them but not for you. I find it outrageous.
To reduce your debt service payments when you graduate, we’re also ensuring that no one – no one with an undergraduate loan today or in the future will have to pay more than 5 percent of their discretionary income to repay their loans, down from 10. And in 20 years, it’s gone.
Republican officials are fighting that as well. But I will always keep fighting for you. And many others will – and many in the Republican Party as well will fight for you.
But we also know there is more to do. Because of your power, we took the most significant law on gun violence – we passed it – the most significant law in 30 years.
But we will not give up. I got the Assault Weapons Ban passed 30 years ago, and we’re going to pass it again.
We must pass it.
And there’s more to do on police reform and public safety.
During the State of the Union, I asked the rest of the country to imagine having to talk to their children and their families like your families had to talk to you.
It’s about your security. It’s about your dignity.
It’s demeaning and degrading and deadly when you just have to stand there and say, “When you’re stopped, turn the interior light on, put both hands on the wheel, don’t reach for your license.” What in the hell is going on in America?
No, think about it.
I ask all the parents of non-minority children to ask what they would say, what they would do.
I know you’re frustrated that there are so many elected officials who refuse to pass a law that will do something.
Kamala and I stood next to the family of George Floyd and civil rights leaders and law enforcement officials to sign the executive order I came up with requiring the key elements of the George Floyd bill be applied to federal law enforcement: banning chokeholds, restricting no-knock warrants, establishing a database for police misconduct, advancing effective and accountable community policing that builds public trust.
And we’ll keep fighting to pass the reforms nationwide.
Equal justice is a covenant we have with each other. It must not just be an ideal; it has to be a reality.
You’re leading the way on this and so much more.
That’s why Kamala and I are so committed to investing in you and HBCUs. HBCUs help produce 40 percent of Black engineers; 50 percent of Black lawyers; 70 percent of Black doctors and dentists; 80 percent of Black judges.
Look, we see HBCU excellence in every day, with staff at every level of the White House and the administration, because I decided when I was elected, I promised I was going to have my administration would look like America.
But we all know that HBCUs don’t have the same endowments and funding as other major colleges and universities.
For example, denying the opportunity to build and fund research labs that will lead to new technologies and good-paying jobs.
That’s why I asked, and we’ve invested $6 billion and counting in HBCUs, including to create new research and development labs that prepare students for jobs of the future in high-income fields, from cybersecurity, engineering, biochemistry, healthcare.
Standing here, I think the last time I came to Howard with President Frederick and others was in my final year as Vice President to host the Cancer Moonshot on campus, because you are leading the way.
You’re the scientists, the doctors, the advocates who will bring — do big things like ending cancer as we know it and even curing some cancers, which we’re on our way of doing.
You’re the diplomats and global citizens making democracy work for people around the world. Lawyers defending our rights. Artists shaping our culture.
Fearless journalists. This is real, though. You’re – this is what you’re doing. Fearless journalists and intellectuals pursuing the truth and challenging convention.
You’re the leaders of tomorrow, but it’s coming on you really quickly.
Because of you, I see a future we can finally move away from the narrowed and cramped view that the promise of America is a zero-sum game: “If you succeed, I fail.” “If you get ahead, I fall behind.”
And maybe worst of all, “If I can’t hold you down, I can’t lift myself up.”
Instead of what it should be, “If you do well, we all do well.”
That’s what I see in you. That’s what I see in America. And more Americans are – a future of possibilities for all Americans.
Look, no matter – that future – what it holds, my sincere hope is that each of you find a sweet spot between happiness, success, and ambition.
That – a good life. A life of purpose.
Because here’s the thing: You don’t know where or what fate will bring you or when. You just have to keep going.
You have to just keep the faith. You have to just get up.
And you can find the balance between ambition and happiness and success – that good life of purpose, of family, and, as you know here at Howard, of excellence, leadership, and truth and service.
There is no quit in you. There is no quit in America.
So, let me close with this. In our lives and in the life of the nation, we know that fear can shadow hope. But it’s also true that hope can defeat fear.
In January of 2021, I stood at the U.S. Capitol to be inaugurated as President of the United States. Just days before, on that very spot, a violent insurrection took place.
A dagger at the throat of democracy. For the first time in our history, an attempt to stop the peaceful transfer of power in this country.
And they failed. Our democracy held. Again, hope prevailed.
And this time, I was standing with a Black woman about to take a two-mile procession down Pennsylvania Avenue as President and Vice President of the United States of America.
And who was marching alongside her? The Howard University Marching Band in lockstep and solidarity. You were.
I give you my word as a Biden: Class of 2023, you’re the reason I’m so optimistic about the future.
And I give you my word, I really mean it. You’re part of the most gifted, tolerant, talented, best-educated generation in American history.
That’s a fact.
And it’s your generation, more than anyone else’s, who will answer the questions for America: Who are we? What do we stand for? What do you believe? What do we believe? What do we want to be?
I’m not saying you have to share this burden all on your own.
The task at hand ahead is the work of all of us.
But what I am saying is: You represent the best of us. And that’s the God’s truth. You represent the best of us.
Your generation will not be ignored, will not be shunned, will not be silenced.
So, on the hilltop high, keep standing for truth and right, and send your rays of light.
Congratulations to you all. We need you.
God bless you. And may God protect our troops.
The post President Biden’s Full Howard University Commencement Address first appeared on BlackPressUSA.
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Reading and Moving: Great Ways to Help Children Grow
NNPA NEWSWIRE — In these formative years, your little one will learn to walk, learn how to grab and hold items, begin building their muscle strength, and more. Here are some ways to facilitate positive motor development at home:
Council for Professional Recognition
Before a child even steps into a classroom or childcare center, their first life lessons occur within the walls of their home. During their formative years, from birth to age five, children undergo significant cognitive, motor, and behavioral development. As their primary guides and first teachers, parents, and guardians play a pivotal role in fostering these crucial aspects of growth.
The Council for Professional Recognition, a nonprofit, is dedicated to supporting parents and families in navigating questions about childcare and education training. In keeping with its goal of meeting the growing need for qualified early childcare and education staff, the Council administers the Child Development Associate (CDA). The CDA program is designed to assess and credential early childhood education professionals. This work gives the Council great insights into child development.
Cognitive Development: Building the Foundation of Learning
Cognitive development lays the groundwork for a child’s ability to learn, think, reason, and solve problems.
- Read Together: One of the most powerful tools for cognitive development is reading. It introduces children to language, expands their vocabulary, and sparks imagination. Make reading a daily ritual by choosing age-appropriate books that capture their interest.
- Play Together: Play is a child’s entry to the physical, social, and affective worlds. It’s a critical and necessary tool in the positive cognitive development of young children and is directly linked to long-term academic success.
- Dance and Sing Together: These types of activities help young children develop spatial awareness and lead to improved communication skills. As a bonus, it’s also helpful for improving gross motor skills.
- Invite your Child to Help you in the Kitchen: It’s a fun activity to do together and helps establish a basic understanding of math and lifelong healthy eating practices.
- Encourage Questions: As children find their voice, they also find their curiosity for the world around them; persuade them to ask questions and then patiently provide answers.
Motor Development: Mastering Movement Skills
Motor development involves the refinement of both gross and fine motor skills, which are essential for physical coordination and independence. In these formative years, your little one will learn to walk, learn how to grab and hold items, begin building their muscle strength, and more. Here are some ways to facilitate positive motor development at home:
- Tummy Time: Starting from infancy, incorporate daily tummy time sessions to strengthen neck and upper body muscles, promoting eventual crawling and walking. You can elevate the tummy time experience by:
- Giving children lots of open-ended toys to explore like nesting bowls, a pail and shovel, building blocks, wooden animals, and people figures.
- Hanging artwork on the wall that appeals to infants, including bold colors, clear designs, and art from various cultures.
- Providing mobiles that children can move safely and observe shapes and colors.
- Outdoor Play: Provide opportunities for outdoor play, whether it’s at a park, playground, or in a backyard. Activities such as running, jumping, climbing, and swinging enhance gross motor skills while allowing children to connect with nature. Also, try gardening together! Not only does gardening promote motor skill development, but it offers many other benefits for young children including stress management, cognitive and emotional development, sensory development, and increased interest in math, sciences, and healthy eating.
- Fine Motor Activities: Fine motor skills relate to movement of the hands and upper body, as well as vision. Activities that encourage hand-eye coordination and fine motor skill development include:
- Drawing and coloring
- Doing puzzles, with size and piece amounts dependent on the age of the child
- Dropping items or threading age-appropriate beads on strings
- Stacking toys
- Shaking maracas
- Using age-appropriate, blunt scissors
- Playing with puppets or playdough
This is the type of knowledge that early childhood educators who’ve earned a Child Development Associate credential exhibit as they foster the social, emotional, physical, and cognitive growth of young children.
Supporting Early Childhood Educators
Recently, a decision in Delaware has helped early childhood professionals further their efforts to apply this type of knowledge. Delaware State University, Delaware Technical Community College, and Wilmington University have signed agreements to award 12 credits for current and incoming students who hold the Child Development Associate credential.
Delaware Governor John Carney said, “I applaud the Department of Education and our higher education partners for this agreement, which will support our early childhood educators. Research shows how important early childhood education is to a child’s future success. This new agreement will help individuals earn their degrees and more quickly get into classrooms to do the important work of teaching our youngest learners in Delaware.”
Council for Professional Recognition CEO Calvin E. Moore, Jr., said his organization is honored to be a part of this partnership.
“Delaware and the work of these institutions is a model that other states should look to. This initiative strengthens the early childhood education workforce by accelerating the graduation of more credentialed educators, addressing the critical need for qualified educators in early childhood education. We have already seen the impact the work of the Early Childhood Innovation Center has brought to the children of Delaware.”
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Student Loan Debt Drops $10 Billion Due to Biden Administration Forgiveness
NNPA NEWSWIRE — The Center for American Progress estimates the interest waiver provisions would deliver relief to roughly 6 million Black borrowers, or 23 percent of the estimated number of borrowers receiving relief, as well as 4 million Hispanic or Latino borrowers (16 percent) and 13.5 million white borrowers (53 percent).
New Education Department Rules hold hope for 30 million more borrowers
By Charlene Crowell, The Center for Responsible Lending
As consumers struggle to cope with mounting debt, a new economic report from the Federal Reserve Bank of New York includes an unprecedented glimmer of hope. Although debt for mortgages, credit cards, auto loans and more increased by billions of dollars in the second quarter of 2024, student loan debt decreased by $10 billion.
According to the New York Fed, borrowers ages 40-49 and ages 18-29 benefitted the most from the reduction in student loan debt.
In a separate and recent independent finding, 57 percent of Black Americans hold more than $25,000 in student loan debt compared to 47 percent of Americans overall, according to The Motley Fool’s analysis of student debt by geography, age and race. Black women have an average of $41,466 in undergraduate student loan debt one year after graduation, more than any other group and $10,000 more than men.
This same analysis found that Washington, DC residents carried the highest average federal student loan debt balance, with $54,146 outstanding per borrower. Americans holding high levels of student debt lived in many of the nation’s most populous states – including California, Texas, and Florida.
The Fed’s recent finding may be connected to actions taken by the Biden administration to rein in unsustainable debt held by people who sought higher education as a way to secure a better quality of life. This decline is even more noteworthy in light of a series of legal roadblocks to loan forgiveness. In response to these legal challenges, the Education Department on August 1 began emailing all borrowers of an approaching August 30 deadline to contact their loan servicer to decline future financial relief. Borrowers preferring to be considered for future relief proposed by pending departmental regulations should not respond.
If approved as drafted, the new rules would benefit over 30 million borrowers, including those who have already been approved for debt cancellation over the past three years.
“These latest steps will mark the next milestone in our efforts to help millions of borrowers who’ve been buried under a mountain of student loan interest, or who took on debt to pay for college programs that left them worse off financially, those who have been paying their loans for twenty or more years, and many others,” said U.S. Secretary of Education Miguel Cardona.
The draft rules would benefit borrowers with either partial or full forgiveness in the following categories:
- Borrowers who owe more now than they did at the start of repayment. This category is expected to largely benefit nearly 23 million borrowers, the majority of whom are Pell Grant recipients.
- Borrowers who have been in repayment for decades. Borrowers of both undergraduate and graduate loans who began repayment on or before July 1, 2000 would qualify for relief in this category.
- Borrowers who are otherwise eligible for loan forgiveness but have not yet applied. If a borrower hasn’t successfully enrolled in an income-driven repayment (IDR) plan but would be eligible for immediate forgiveness, they would be eligible for relief. Borrowers who would be eligible for closed school discharge or other types of forgiveness opportunities but haven’t successfully applied would also be eligible for this relief.
- Borrowers who enrolled in low-financial value programs. If a borrower attended an institution that failed to provide sufficient financial value, or that failed one of the Department’s accountability standards for institutions, those borrowers would also be eligible for debt relief.
Most importantly, if the rules become approved as drafted, no related application or actions would be required from eligible borrowers — so long as they did not opt out of the relief by the August 30 deadline.
“The regulations would deliver on unfulfilled promises made by the federal government to student loan borrowers over decades and offer remedies for a dysfunctional system that has often created a financial burden, rather than economic mobility, for student borrowers pursuing a better future,” stated the Center for American Progress in an August 7 web article. “Meanwhile, the Biden-Harris administration also introduced income limits and caps on relief to ensure the borrowers who can afford to pay the full amount of their debts do so.”
“The Center for American Progress estimates the interest waiver provisions would deliver relief to roughly 6 million Black borrowers, or 23 percent of the estimated number of borrowers receiving relief, as well as 4 million Hispanic or Latino borrowers (16 percent) and 13.5 million white borrowers (53 percent).”
These pending regulations would further expand the $168.5 billion in financial relief that the Biden Administration has already provided to borrowers:
- $69.2 billion for 946,000 borrowers through fixes to Public Service Loan Forgiveness (PSLF).
- $51 billion for more than 1 million borrowers through administrative adjustments to IDR payment counts. These adjustments have brought borrowers closer to forgiveness and addressed longstanding concerns with the misuse of forbearance by loan servicers.
- $28.7 billion for more than 1.6 million borrowers who were cheated by their schools, saw their institutions precipitously close, or are covered by related court settlements.
- $14.1 billion for more than 548,000 borrowers with a total and permanent disability.
- $5.5 billion for 414,000 borrowers through the SAVE Plan.
More information for borrowers about this debt relief is available at StudentAid.gov/debt-relief.
Charlene Crowell is a senior fellow with the Center for Responsible Lending. She can be reached at Charlene.crowell@responsiblelending.org.
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Congressional Black Caucus Releases Groundbreaking Corporate Accountability Report on DEI
NNPA NEWSWIRE — Most Fortune 500 companies participating in the CBC’s survey demonstrated their commitment to DEI even after the Supreme Court’s ruling. CBC members said this is crucial because conservative organizations, such as Stephen Miller-led America First Legal, are increasingly waging legal and political attacks against corporations’ diversity initiatives. These groups argue that DEI initiatives violate federal law, threatening legal action against companies that continue to promote workplace diversity.
By Stacy M. Brown, NNPA Newswire Senior National Correspondent
@StacyBrownMedia
Congressional Black Caucus (CBC) Chairman Steven Horsford (NV-04) and CBC members have released a first-of-its-kind report titled “What Good Looks Like: A Corporate Accountability Report on Diversity, Equity, and Inclusion.” The report aims to hold Fortune 500 companies accountable for their commitments to diversity, equity, and inclusion (DEI) in the wake of George Floyd’s murder and the racial justice movement that followed. This initiative comes as corporate America faces renewed scrutiny following the Supreme Court’s decision to overturn affirmative action in the Students for Fair Admissions v. Harvard case.
The CBC’s report highlights which corporations are making tangible progress in advancing DEI and offers a roadmap for other companies to follow. Despite efforts from right-wing groups to dismantle diversity initiatives, the report finds that many Fortune 500 companies are standing firm in their commitments. The report also examines DEI practices in manufacturing, finance, insurance, and technology sectors, providing industry-specific insights.
Most Fortune 500 companies participating in the CBC’s survey demonstrated their commitment to DEI even after the Supreme Court’s ruling. CBC members said this is crucial because conservative organizations, such as Stephen Miller-led America First Legal, are increasingly waging legal and political attacks against corporations’ diversity initiatives. These groups argue that DEI initiatives violate federal law, threatening legal action against companies that continue to promote workplace diversity.
The Findings
The CBC’s report offers a detailed analysis of diversity efforts across various industries, using data from the Global Industry Classification Standard (GICS) and the North American Industry Classification System (NAICS). Key findings include:
- Sector Representation: The bulk of the responses came from companies in manufacturing (31%), finance and insurance (25%), and information (16%).
- Best Practices: The report identifies 12 best practices, including leadership accountability, data disaggregation, talent retention, and pay equity. These examples provide a model for other companies to implement DEI strategies effectively.
- Progress and Challenges: While many companies have made significant strides, persistent gaps remain, particularly in leadership diversity and retention rates. The report encourages corporations to move beyond public statements and implement measurable DEI outcomes.
The CBC hopes the report will serve as a tool for corporations to benchmark their progress and adopt more robust DEI measures. “What Good Looks Like” outlines not only where companies are succeeding but also where opportunities for improvement lie, urging corporate leaders to align their actions with their stated DEI values.
Conservative Backlash and the Fight for DEI
Officials said the CBC’s efforts to hold corporations accountable come amid heightened political tensions. Since the Supreme Court’s ruling, Donald Trump and his supporters have escalated their attacks on DEI programs. Right-wing legal campaigns have targeted not only corporate diversity efforts but also federal programs aimed at leveling the playing field for Black and minority-owned businesses.
Conservative attorneys general from over a dozen states have warned Fortune 500 companies, threatening legal action over their diversity programs. Additionally, anti-DEI bills have been introduced in more than 30 states, aiming to restrict diversity efforts in college admissions and the workplace.
Despite the attacks, the CBC said it remains steadfast in its commitment to advancing racial and economic equity. In December 2023, the CBC sent Fortune 500 companies an accountability letter urging them to uphold their DEI commitments in the face of political pressure, which catalyzed the report.
Corporate America’s response has been overwhelmingly positive. Since the CBC’s letter, companies have held over 50 meetings with CBC representatives, affirming their dedication to diversity. The CBC has also convened discussions with industry trade associations and hosted a briefing with more than 300 Fortune 500 company representatives to strengthen collaboration on DEI efforts.
Moving Forward
The CBC’s report is not just a reflection on past efforts but a call to action for the future. It highlights the importance of cross-industry learning, encouraging companies to share best practices and build upon one another’s successes. The CBC also recommends that corporations adopt consistent performance metrics to track progress and foster accountability.
Looking ahead, the CBC plans to push for more economic opportunities for Black Americans, focusing on closing the racial wealth gap. Horsford emphasized that DEI is not only a moral imperative but also an economic one. Research from McKinsey & Company shows that racially diverse companies outperform their peers by 39% in profitability, further underscoring the business case for diversity.
The CBC’s report offers a roadmap for companies committed to fostering a more inclusive and equitable future despite political and legal challenges.
“Following the murder of George Floyd on May 25, 2020, we witnessed a nationwide response calling for long-overdue justice and accountability,” Horsford wrote in the report. “Millions of Americans flooded the streets in protest to advocate for an end to the cycles of violence against Black Americans that are perpetuated by systemic racism ingrained deeply in the United States.
“Now, in order to move forward and achieve the goals of these commitments, we must evaluate where we are and stay the course. We cannot allow a handful of right-wing agitators to bully corporations away from their promises.”
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