Business

PRESS ROOM: Rev. Jesse Jackson’s 22nd Annual Rainbow PUSH Wall Street Project Economic Summit

NNPA NEWSWIRE — The Wall Street Project’s Economic Summit will bring entrepreneurs, corporate executives and the nation’s leading policymakers together to increase business and employment opportunities for African Americans, women, and all people of color.

Published

5 years ago

February 12, 2019

Oakland Post

Join National Urban League President & CEO Marc H. Morial, Rev. Al Sharpton, Congresswoman Maxine Waters, Congressman Gregory W. Meeks, President & CEO CVS Health, Larry J. Merlo, Susan L. Taylor, CEO & COO Ariel Investments John W. Rogers and more ….

New York, NY– The Rainbow PUSH Coalition and Citizenship Education Fund will host its 22nd Annual Wall Street Project Economic Summit, February 20 – February 22, 2019 at The Sheraton New York Times Square Hotel, 811 7^th Ave., 3^rd Floor in New York City. The Wall Street Project Economic Summit is themed, “400 Years Later: Closing the Wealth Gap, Expanding Opportunity.” It will feature sessions on closing the wealth gap, consumer protection, the state of telecom, the tech industries, diversity, investing globally and in Africa, a fireside chat with Larry J. Merlo, president and CEO of CVS Health, and much more.

“We’re looking to expand upon the progress and discuss ways to increase opportunities for minorities and women,” says Rev. Jesse L. Jackson, Sr. founder and president of the Rainbow PUSH Coalition, and organizer of the Wall Street Project. “After 400 years, there is still much more work to be done in terms of our freedom, equity, diversity and inclusion, particularly in today’s political climate if we want to close the wealth gap and expand opportunity.”

The Wall Street Project’s Economic Summit will bring entrepreneurs, corporate executives and the nation’s leading policymakers together to increase business and employment opportunities for African Americans, women, and all people of color.

“History is an unbroken continuity that cannot be denied. Americans should not hide from the past nor engage in an extended exercise of rehashing 400 tragic years. However, we do need to continue to push to close the wealth gap and expand opportunities for African Americans,” adds Rev. Jackson. “This year’s Wall Street Project Economic Summit plans to address where and what African Americans should and can do – since setting foot 400 years ago on U.S. soil.”

Day One: The Summit will consist of discussions on the State of Black America since Blacks were brought to America, closing the wealth gap, with panelists Alfred A. Edmond, Jr. SVP/ Executive Editor-at-large, Black Enterprise and Marc H. Morial, President and CEO, National Urban League and a fireside chat with Toni Townes-Whitley, President, U.S. Regulated Industries Colleges and Universities; and end with an opening reception where members of the Congressional Black Caucus will be in attendance.

Day Two: Kicks off with a fireside chat with Rev. Jackson and Larry J. Merlo, President & Chief Executive Officer, CVS Health; a session on the racial wealth gap and its ties to Wall Street, including diversity on corporate boards, C-suites, consumer protection, the state of Historically Black Colleges and University, the annual Ministers & Labor Luncheon where the keynote speaker will be the Honorable Emanuel Cleaver II, U.S. Representative Missouri’s 5th congressional district. The day continues with a sports session and a session on the ‘Business of Hip Hop.’ On the evening of Day Two, the Wall Street Summit will end with “Rainbow PUSH Coalition and Citizenship Education Fund 22^st Annual Wall Street Project Scholarship Gala,” which will include distinguished honorees and musical entertainment by singer, songwriter Lalah Hathaway.

Day Three: The Summit ends with the Wall Street Project Economic Project Annual Business Luncheon where the keynote speaker will be Congresswoman Maxine Waters and David L Casey, Vice President, Workforce Strategies & Chief Diversity Officer, CVS Health will be honored.

Confirmed speakers to date include: Reverend Jesse L. Jackson, Sr.; Congressman Emanuel Cleaver; Dr. Darrick Hamilton, executive director of the Kirwan Institute for the Study of Race and Ethnicity at Ohio State, Reverend Al Sharpton, president and CEO, National Action Network, Janice Mathis, executive director of the National Council of Negro Women; Congressman Gregory W. Meeks – Senior Member- House Committee on Financial Services and Senior Member- House Foreign Affairs Committee; Larry J. Merlo, President & CEO of CVS Health; John W. Rogers, Jr., CEO and CIO, Ariel Investments; Gala CO-Chair Susan L. Taylor, Founder & CEO, National CARES Mentoring Movement and Editor-in-Chief Emerita, Essence Magazine; Congresswoman Maxine Waters, Chairwoman of the House Financial Services Committee.

CLICK HERE FOR FULL AGENDA

TO REGISTER, Visit: http://www.rainbowpushwallstreetproject.org/registration.html or call (646) 569-5889

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Oakland Post: Week of April 17 – 23, 2024

The printed Weekly Edition of the Oakland Post: Week of April 17 – 23, 2024

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6 hours ago

April 19, 2024

Oakland Post

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V.P. Kamala Harris: Americans With Criminal Records Will Soon Be Eligible for SBA Loans

Speaking in Las Vegas on Jan. 27, Vice President Kamala Harris announced a forthcoming federal rule that will extend access to Small Business Administration (SBA) loans to Americans who have been convicted of felonies but have served their time. Small business owners typically apply for the SBA loans to start or sustain their businesses.

Published

3 days ago

April 16, 2024

Oakland Post

On her daylong trip, Harris was joined by Horford, SBA Administrator Isabella Guzman, Interim Under Secretary of Commerce for Minority Business Development Agency (MBDA) Eric Morrissette, and Sen. Catherine Cortez Masto (D-Nev).

By California Black Media

Small business owners typically apply for the SBA loans to start or sustain their businesses.

Harris thanked U.S. Rep. Steven Horsford (D-NV-04), the chair of the Congressional Black Caucus, for the work he has done in Washington to support small businesses and to invest in people.

“He and I spent some time this afternoon with business leaders and small business leaders here in Nevada. The work you have been doing to invest in community and to invest in the ambition and natural capacity of communities has been exceptional,” Harris said, speaking to a crowd of a few hundred people at the Brotherhood of Electrical Workers Hall in East Las Vegas.

“Formerly incarcerated individuals face significant barriers to economic opportunity once they leave prison and return to the community, with an unemployment rate among the population of more than 27%,” the White House press release continued. “Today’s announcement builds on the Vice President’s work to increase access to capital. Research finds that entrepreneurship can reduce recidivism for unemployed formerly incarcerated individuals by as much as 30%.”

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G.O.P. Lawmakers: Repeal AB 5 and Resist Nationalization of “Disastrous” Contractor Law

Published

3 days ago

April 16, 2024

Oakland Post

File Photo: Assembly Republican Leader James Gallagher (R-Yuba City)

By California Black Media

Republican lawmakers gathered outside of the Employee Development Department in Sacramento on Jan. 23 to call for the repeal of AB5, the five-year old California law that reclassified gig workers and other independent contractors as W-2 employees under the state’s labor code.
Organizers said they also held the rally to push back against current efforts in Washington to pass a similar federal law.

“We are here to talk about this very important issue – a battle we have fought for many years – to stop this disastrous AB 5 policy,” said Assembly Republican Leader James Gallagher (R-Yuba City).
Now, that threat has gone national as we have seen this new rule being pushed out of the Biden administration,” Gallagher continued.

On Jan. 10, the U.S. Department of Labor issued a new rule providing guidance on “on how to analyze who is an employee or independent contractor under the Fair Labor Standards Act (FLSA).”
“This final rule rescinds the Independent Contractor Status Under the Fair Labor Standards Act rule (2021 IC Rule), that was published on January 7, 2021, and replaces it with an analysis for determining employee or independent contractor status that is more consistent with the FLSA as interpreted by longstanding judicial precedent,” a Department of Labor statement reads.
U.S. Congressmember Kevin Kiley (R-CA-3), who is a former California Assemblymember, spoke at the rally.

“We are here today to warn against the nationalization of one of the worst laws that has ever been passed in California, which has devastated the livelihoods of folks in over 600 professions,” said Kiley, adding that the law has led to a 10.5% decline in self-employment in California.

Kiley blamed U.S Acting Secretary of Labor, July Su, who was the former secretary of the California Labor and Workforce Development Agency, for leading the effort to redefine “contract workers” at the federal level.
Kiley said two separate lawsuits have been filed against Su’s Rule – its constitutionality and the way it was enacted, respectively. He said he is also working on legislation in Congress that puts restrictions on the creation and implementation of executive branch decisions like Su’s.
Assemblymember Kate Sanchez (R-Rancho Santa Margarita) announced that she plans to introduce legislation to repeal AB 5 during the current legislative session.

“So many working moms like myself, who are also raising kids, managing households, were devastated by the effects of AB 5 because they lost access to hundreds of flexible professions,” Sanchez continued. “I’ve been told by many of these women that they have lost their livelihoods as bookkeepers, artists, family caregivers, designers, and hairstylists because of this destructive law.”