Barbara Lee

Rep. Barbara Lee Inquiring About Barriers to Capital for Minority Cannabis Businesses

“As momentum for marijuana decriminalization continues, FinCEN data could help shed light on the state of minority-owned and small cannabis businesses (which constitute businesses with revenues under $40 million) seeking financial services,” the lawmakers wrote. “Existing disparities in access to capital and financial services for individuals and businesses increase financial barriers and exacerbate the racial wealth gap, further harming those most harmed by the failed War on Drugs.

Published

2 years ago

November 20, 2022

Oakland Post

Rep. Barbara Lee and Oregon Rep. Earl Blumenauer. (Congress.gov photos)

By Sean Ryan

Representatives Barbara Lee (CA-13) and Earl Blumenauer (OR-03) sent a letter on Wednesday to the Financial Crimes Enforcement Network (FinCEN) requesting recent data on the financial services offered to minority cannabis businesses in an effort to better understand the barriers faced by minority cannabis businesses owners.

Minority cannabis entrepreneurs often cite a lack of access to capital and financial services as a major barrier to entering the legal cannabis industry. A 2021 Brookings Institution report revealed that Black-owned businesses faced more disparities in access to banking services and deposits, mortgage credit, and small business loans than their white counterparts.

These alarming findings were further substantiated by a 2021 Federal Reserve report that found that Black and Latino-owned businesses were less than half as likely as their white counterparts to be fully approved for loan applications.

They continued, “Given the increasing momentum of cannabis legalization and much-needed clarity from the federal government, Congress must devise a federal solution to equitably end the cannabis prohibition and encourage industry growth.

As we work to invest in the communities disproportionately harmed in the failed War on Drugs, FinCEN data on access to financial services could help promote equitable access to financial services for small and minority-owned cannabis businesses.

“We welcome the opportunity to work with FinCEN to ensure Congress is equipped with the critical data needed to effectively address equity concerns when crafting solutions to end the federal cannabis prohibition.”

Representatives Lee and Blumenauer serve as the Democratic co-chairs of the Congressional Cannabis Caucus.

Sean Ryan is the communications director in the media relations office of Rep. Barbara Lee.

Oakland Post

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Rep. Barbara Lee Hosts Roundtable on Public Safety, Congratulates AASEG on Oakland Coliseum Deal

Congresswoman Lee’s roundtable united community leaders across her district and strengthened relationships while fostering collaborative solutions to their common challenges. Attendees were city leaders from Alameda, Communities United Restorative Youth Justice (CURYJ), the Peralta Community College District, Kingmakers of Oakland (KOO), Live Free USA, and numerous Oakland community and nonprofit leaders.

Published

2 months ago

August 17, 2024

Oakland Post

Congresswoman Barbara Lee (CA-12), left, and Jonathan Paul Jones, African American Sport & Entertainment Group (AASEG). Photo by Conway Jones.

By Post Staff

On Wednesday, Congresswoman Barbara Lee (CA-12) hosted a transformative community roundtable at the Oakland Asian Cultural Center on Ninth street. The gathering brought together leaders from various sectors to unite around a shared mission: to address public safety, gun violence prevention, and social justice in the East Bay.

By connecting leaders from across the East Bay, the roundtable facilitated meaningful dialogue on combating crime and promoting public safety. The event underscored a collective commitment to addressing violence and fostering social justice in the region. The event was hosted by Francis Lan, president of the Oakland Chinatown Chamber of Commerce (OCCC) and Carl Chan, president of Oakland Chinatown Chamber Foundation.

After the roundtable, Congresswoman Lee set up some time to talk to Jonathan Paul Jones from AASEG to congratulate them on the Coliseum deal and express her excitement saying “It’s a major deal and I am excited to see African Americans leading this deal. It’s been long overdue!”

The AASEG Coliseum purchase and development initiative has garnered support from leaders including OCCC and has inspired optimism about the potential for homegrown entrepreneurs and businesspeople to create opportunities and restore the community.

As the momentum for change builds, Oakland stands on the brink of a new era of community empowerment and revitalization. The city’s leaders and citizens are coming together, exemplified by initiatives like Congresswoman Lee’s roundtable and the efforts of AASEG.

It’s time for Oakland to rise above its challenges, embrace its potential, and become a beacon of hope and progress. With unity and determination, Oakland can transform its future and inspire communities everywhere.

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Barbara Lee

Congresswoman Barbara Lee Statement on 80th Anniversary of D-Day

Representative Barbara Lee (CA-12) released the following statement on the 80th anniversary of D-Day. “80 years ago, one of the largest invasions in historical warfare—and the start to the end of World War II—took place. Today, we look back to the over 2,400 American lives lost on the beaches of Normandy, remember their stories, and honor their immense bravery.

Published

4 months ago

June 13, 2024

Oakland Post

“D-Day will forever live on in history. May we honor their lives and all who have served by investing in veterans’ health care, economic security, and opportunity when they return home.”

Washington, D.C. – Representative Barbara Lee (CA-12) released the following statement on the 80^th anniversary of D-Day.

“80 years ago, one of the largest invasions in historical warfare—and the start to the end of World War II—took place. Today, we look back to the over 2,400 American lives lost on the beaches of Normandy, remember their stories, and honor their immense bravery.

“My father, Lt. Col. Garvin A. Tutt, was a Buffalo soldier in the 92^nd infantry, a racially segregated and Black-only division that was instrumental in the success of Normandy and the Allied advance. Today and every day, I think of him and all of the brave servicemembers who sacrificed for our country, even when our country didn’t love them back.

“D-Day will forever live on in history. May we honor their lives and all who have served by investing in veterans’ health care, economic security, and opportunity when they return home.”

Oakland Post

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Barbara Lee

Congresswoman Barbara Lee Issues Statement on Deaths of Humanitarian Aid Volunteers in Gaza 

On April 2, a day after an Israeli airstrike erroneously killed seven employees of World Central Kitchen (WCK), a humanitarian organization delivering aid in the Gaza Strip, a statement was release by Rep. Barbara Lee (D-CA-12). “This is a devastating and avoidable tragedy. My prayers go to the families and loved ones of the selfless members of the World Central Kitchen team whose lives were lost,” said Lee.

Published

6 months ago

April 17, 2024

Oakland Post

Congresswoman Barbara Lee

By California Black Media

“This is a devastating and avoidable tragedy. My prayers go to the families and loved ones of the selfless members of the World Central Kitchen team whose lives were lost,” said Lee.

The same day, it was confirmed by the organization that the humanitarian aid volunteers were killed in a strike carried out by Israel Defense Forces (IDF). Prior to the incident, members of the team had been travelling in two armored vehicles marked with the WCF logo and they had been coordinating their movements with the IDF. The group had successfully delivered 10 tons of humanitarian food in a deconflicted zone when its convoy was struck.

“This is not only an attack against WCK. This is an attack on humanitarian organizations showing up in the direst situations where food is being used as a weapon of war. This is unforgivable,” said Erin Gore, chief executive officer of World Central Kitchen.

The seven victims included a U.S. citizen as well as others from Australia, Poland, the United Kingdom, Canada, and Palestine.

Lee has been a vocal advocate for a ceasefire in Gaza and has supported actions by President Joe Biden to airdrop humanitarian aid in the area.

“Far too many civilians have lost their lives as a result of Benjamin Netanyahu’s reprehensible military offensive. The U.S. must join with our allies and demand an immediate, permanent ceasefire – it’s long overdue,” Lee said.