07-14-2020  10:13 am   •   PDX and SEA Weather
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NORTHWEST NEWS

Seattle Mayor, City Council at Odds Over 50% Police Cut

Seattle Mayor Jenny Durkan says the City Council has failed to speak with the police chief or conduct sufficient research

OSU, UO Among 20 Universities Filing Federal Lawsuit in Oregon Over International Student Order

The lawsuit, filed today, seeks to protect the educational status of nearly 3,500 students attending OSU

Governor Kate Brown Announces New Requirements for Face Coverings, Limits on Social Get-Togethers

Effective Wednesday, July 15, face coverings to be required outdoors, social get-togethers indoors over 10 prohibited

Oregon Reports 332 New Coronavirus Cases, 2 Deaths

Multnomah County Chair Deborah Kafoury, confirmed that Multnomah County is not ready to apply for Phase 2 of reopening

NEWS BRIEFS

NNPA Livestreams With Congresswomen Alexandria Ocasio Cortez and Val Demings

The audience has an opportunity to be an interactive part of the interview ...

Black Women Often Ignored By Social Justice Movements

‘Intersectional invisibility’ may lead to Black women’s exclusion, study finds ...

Deadline is July 15 to Pay Portland's $35 Arts Tax

The tax, approved by voters in 2012, supports arts education and grants ...

Oregon National Guard Completes Wildland Firefighter Training

The training was conducted using funds that were allocated to the Department of Defense by Congress to enable the National Guard to...

OSU Science Pub Focuses on Influence of Black Lives Matter

The influence of the Black Lives Matter movement will be the focus of a virtual Oregon State University Science Pub on July 13 ...

Wedge wolf pack attacks 7 cattle in northeast Washington

SALEM, Ore. (AP) — The Wedge wolf pack in northeast Washington has attacked seven more cattle, bringing the number of depredations by the pack to nearly a dozen since May 11.The Washington Department of Fish and Wildlife investigated and confirmed the depredations on Saturday at a private...

Seattle mayor, City Council at odds over 50% police cut

SEATTLE (AP) — Seattle Mayor Jenny Durkan on Monday blasted the City Council's plan to cut the police department's budget by 50% and instead proposed transferring a list of functions like the 911 call center and parking enforcement out of the agency's budget.“We need to invest in...

Iowa defensive back Jack Koerner hurt in jet ski accident

IOWA CITY, Iowa (AP) — Iowa defensive back Jack Koerner sustained serious injuries when he and a passenger on a jet ski collided with a boat on the Lake of the Ozarks in Missouri.According to a police report, Koerner and Cole Coffin were hurt at about 6:30 p.m. Friday when their watercraft...

Missouri football program pushes again for racial justice

COLUMBIA, Mo. (AP) — Ryan Walters had just arrived at the University of Missouri to coach safeties for the football program when a series of protests related to racial injustice led to the resignations of the system president and the chancellor of its flagship campus.The student-led movement...

OPINION

COMMENTARY: Real Table Talk

Chaplain Debbie Walker provides helpful insight for self-preservation, and care tips for your family, your neighbors, and your community circles ...

Commissioner Hardesty Responds To Federal Troop Actions Towards Protesters

This protester is still fighting for their life and I want to be clear: this should never have happened. ...

Recent Protests Show Need For More Government Collective Bargaining Transparency

Since taxpayers are ultimately responsible for funding government union contract agreements, they should be allowed to monitor the negotiation process ...

The Language of Vote Suppression

A specific kind of narrative framing is used to justify voter suppression methods and to cover up the racism that motivates their use. ...

AFRICAN AMERICANS IN THE NEWS

Ethiopia enters 3rd week of internet shutdown after unrest

JOHANNESBURG (AP) — Ethiopia is entering its third week without internet service for almost everyone after days of deadly unrest, as the government in Africa’s diplomatic and aviation hub says it’s trying to prevent speech that could further inflame ethnic tensions.The internet...

Philadelphia protesters sue city over tear gas, use of force

PHILADELPHIA (AP) — Three class-action lawsuits filed in Philadelphia on Tuesday accuse the city of using military-level force that injured protesters and bystanders alike during peaceful protests against racial inequality and police brutality. One lawsuit accuses Philadelphia police of...

Video shows man vandalizing NYC 'Black Lives Matter' mural

NEW YORK (AP) — Surveillance photos and video of a man who was seen splashing red paint on the “Black Lives Matter” street mural in front of Trump Tower was released Tuesday by New York City police.The video shows a man in black shorts and a dark blue T-shirt pouring red paint...

ENTERTAINMENT

Sheriff: 'Glee’ star Naya Rivera saved son before drowning

LOS ANGELES (AP) — “Glee” star Naya Rivera ’s 4-year-old son told investigators that his mother, whose body was found in a Southern California lake Monday, boosted him back on to the deck of their rented boat before he looked back and saw her disappearing under the...

Tom Bergeron, Erin Andrews exit 'Dancing With the Stars'

NEW YORK (AP) — The dance has ended for “Dancing With the Stars” hosts Tom Bergeron and Erin Andrews.ABC said in a statement that the show is looking to “embark on a new creative direction” and host Bergeron “departs the show with our sincerest thanks and...

Back to the '80s: Andrew McCarthy writing 'Brat Pack' book

NEW YORK (AP) — Actor-writer-director Andrew McCarthy, a 57-year-old father of three, keeps getting asked about his “Brat Pack” years in the 1980s. He is now ready to answer. Grand Central Publishing announced Tuesday that McCarthy's “Brat: An '80s Story” will...

U.S. & WORLD NEWS

Tom Bergeron, Erin Andrews exit 'Dancing With the Stars'

NEW YORK (AP) — The dance has ended for “Dancing With the Stars” hosts Tom Bergeron and Erin...

Biden proposes overhauling nation's energy sector by 2035

WILMINGTON, Del. (AP) — Joe Biden released a plan Tuesday aimed at combating climate change and spurring...

White House campaign to help jobless 'find something new'

WASHINGTON (AP) — A new White House-backed ad campaign aims to encourage people who are unemployed or...

Catalan leader demands investigation into Spain spying claim

MADRID (AP) — The speaker of the Catalan regional parliament demanded Tuesday that the Spanish government...

Armenia-Azerbaijan border fighting escalates; 16 killed

YEREVAN, Armenia (AP) — Armenia and Azerbaijan forces fought Tuesday with heavy artillery and drones,...

Russia seeks prison terms for 3 youth group members

MOSCOW (AP) — Russian authorities on Tuesday demanded prison terms for three members of a youth group...

McMenamins
Nisa Islam Muhammad Special to the NNPA from the Final Call

WASHINGTON (FinalCall.com) - "I started in banking as a kid," said B. Doyle Mitchell, chair of the National Banking Association and president of the Industrial Bank of Washington at a press conference during the Congressional Black Caucus Annual Legislative Conference.

"I rode with my dad and then started working at 16. I realized then how banks helped everyday people with loans, technical assistance and more," he said. "I've watched the Industrial Bank of Washington send kids to college, buy homes, start and save businesses. We've helped people over generations."

Five banks around the country will be able to give more help to the Black community thanks to a $5 million investment by the Congressional Black Caucus Foundation, Inc. The move is aimed at increasing loan availability for businesses and individuals.

"Historically, and still today, minority and women-owned banks remain an important source of credit and accessible financial services, filling a necessary gap in communities that might not otherwise have them," said Rep. Chaka Fattah (D-Pa), chair of CBCF's board on Sept. 17.

"CBCF has invested in this partnership because we want—and need—these institutions to grow and thrive, so that their success in supporting the broader economic health of communities across the country can continue."

Banks in four regions of the country—North, South, East and Midwest—will receive $1 million. The initiative includes the Industrial Bank in Washington, D.C.; Liberty Bank & Trust Company in New Orleans; Mechanics & Farmers Bank in Durham, N.C.; Seaway Bank & Trust Company in Chicago; and City National Bank of New Jersey in Newark.

"We hope that this investment will spur much-needed economic development, provide critical support to small businesses and inspire others to invest in minority banks, a critical lifeline for comprehensive economic recovery in Black communities," said A. Shuanise Washington, CBCF president and chief executive officer.

CBCF is purchasing FCIC-insured certificates of deposit and placing the certificates with the banks.

"The greatest challenge facing African American leaders today is increasing the collective wealth of African Americans. The $5 million deposit in these banks will stimulate more lending to small businesses that can, in turn, create more jobs," said Michael Grant, president of the 86-year-old National Bankers Association.

Can much be done with $1 million? "Every $20,000, $50,000 and $150,000 loan will make a big impact. A lot can be done. We concentrate on small business loans, commercial property, churches and sensible home mortgage loans," said Mr. Grant.

There has been a steady decline in the number of Black banks since the 1960s. As of March 2011, the FDIC counted 28 Black-owned banks in the United States, down from 54 in 1994.

"After integration, one of the most toxic side effects is that we started to run and spend our money elsewhere," Mr. Grant told reporters. "We're the only group in America that refuses to spend money in our community and we're paying a high price for it."

Other factors in the decline include an economic recession that has taken a particularly tough toll on Black families, competition from larger banks and regulatory requirements that are especially hard on small financial institutions.

"It is critical that we, as a collective, remain ardent in our support of Black enterprises," said Ronald Busby of the U.S. Black Chambers, Inc. "If we can grow businesses to just hire one new employee, we can attack the unemployment problem."

 

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