Black Press
OP-ED: Congress Is Right: Federal Reserve’s Reg II Will Hurt Minority Communities in America
NNPA NEWSWIRE — The Fed is taking every effort to promote income equality and workplace diversity and inclusion, but Regulation II would undercut its great work in this respect and cause potential harm to millions of minority families. Now that a congressional coalition has drawn the Fed’s attention to this concern, the central bank should respond by taking a closer, harder look at its Regulation II proposal. It is the only right and just thing to do.
By Dr. Benjamin F. Chavis, Jr., National Newspaper Publishers Association President and CEO
I am pleased to congratulate Rep. Nikema Williams (D-Ga.) who led a coalition of lawmakers who wrote to the Federal Reserve urging the central bank to withdraw Regulation II — its new proposal to reduce the cap on the debit card swipe fees merchants must pay to debit card processors — out of concern that it will hurt minority communities’ credit access.
I sympathize with the feelings of these congressional members. Having dedicated my life to advancing civil rights and promoting economic advancement for African Americans, I fear that this proposal, while well-intentioned, will create regressive outcomes that will ultimately hurt the very people it is intended to help.
While lowering the current cap on debit card swipe fees may appear like a reasonable measure to take in what has proven to be a lackluster economy for many merchants, my experiences — from coordinating youth activities with Rev. Martin Luther King to serving on the national board of directors for the NAACP — have underscored the importance of scrutinizing policies for their broader implications. When doing so with Regulation II, I — like the congressional coalition — concluded that lowering the swipe fees would hurt the same small financial institutions that minority communities depend on for credit access, which would thus widen the nationwide racial wealth gap and banking disparities.
Economic history tells this story well.
While reluctant to do so at the time, the Federal Reserve first limited swipe fees on debit card transactions on 2011. Studies, including one from the Richmond Federal Reserve, indicate that most retailers did not pass their savings onto consumers — a significant portion even raised prices. Meanwhile, as Main Street continues to struggle with the policy, Federal Reserve studies have found that large corporations have reaped nearly $8 billion annually since this rule was enacted.
Although large corporations benefited from not having to pay as much in swipe fees, this price control hit the small financial institutions that had to subsidize this giveaway for them hard. It gave many of them no choice but to reduce fee-free checking from 75 percent to 40 percent.
The Federal Reserve now estimates that six million Americans are “unbanked,” and many more are “underbanked ” — meaning they must use alternative financial products like check cashing services instead of traditional checking and savings accounts to make ends meet. The debit card cap has contributed significantly to this crisis.
Many financial institutions have also raised customer fees in response to interchange fee caps, with Rule II poised to intensify these challenges. Regulation II will increase them even further. According to Nick Bourke, former Director of Consumer Finance at The Pew Charitable Trusts, it may bring up to $2 billion in additional consumer costs. This escalation of fees threatens to sideline even more minority communities from the banking system, impeding their access to essential credit services required for entrepreneurship and homeownership.
The Board of Governors at the Federal Reserve are committed to advancing racial equity. By proposing Regulation II — are not intentionally doing the bidding of large corporations; however, they may be being misled by these companies’ advocacy efforts.
The Fed is taking every effort to promote income equality and workplace diversity and inclusion, but Regulation II would undercut its great work in this respect and cause potential harm to millions of minority families. Now that a congressional coalition has drawn the Fed’s attention to this concern, the central bank should respond by taking a closer, harder look at its Regulation II proposal. It is the only right and just thing to do.
Benjamin F. Chavis, Jr., an African American civil rights leader, is the President and CEO of the National Newspaper Publishers Association (NNPA). He is a former Executive Director and CEO of the National Association for the Advancement of Colored People (NAACP) and a former NC statewide youth assistant to Martin Luther King, Jr. and the Southern Christian Leadership Conference (SCLC).
Black Press
Former Trustee Alena Maunder Seeks Reelection to Sausalito Marin City School District Board
Alena Maunder, a third-generation Marin City resident and registered nurse with over 20 years of healthcare experience, is seeking reelection to the Sausalito Marin City School District Board. Having previously served as a trustee from 2020 to 2024, Maunder highlights her background in governance, fiscal oversight, and community advocacy as key qualifications for the role. Her platform focuses on academic excellence, mental health supports, and special education. She remains committed to fostering stronger relationships between families and educators to ensure student success. Read more about her campaign priorities.
Alena Maunder is a third-generation Marin City resident, parent, community advocate, and former Sausalito Marin City School District Trustee who served from 2020 to 2024.
Professionally, Alena is a registered nurse with more than 20 years of healthcare experience and nine years in leadership. She holds degrees in Psychology and Nursing, as well as a Master of Science in Nursing.
With school board experience, she brings a strong understanding of governance, fiscal oversight, accountability, and the importance of stable district leadership.
Alena has also remained actively involved in Marin City through community service, youth programs, and initiatives focused on strengthening opportunities and resources for children and families.
Maunder is seeking to return to the Board to continue advocating for academic excellence, fiscal responsibility, strong special education and mental-health supports, and meaningful community engagement. She is committed to strengthening relationships among students, educators, families, and the Marin City and Sausalito communities while ensuring every student has the opportunity to succeed.
Her campaign reflects her commitment to “Experienced Leadership. Students First.”
Learn more at www.electalenasmcsd.com.
Black Press
Becerra Urges Black Leaders to Turn Out the Vote in Record Numbers
Former U.S. Secretary of Health Xavier Becerra recently visited Oakland to meet with prominent Black leaders just one week before the upcoming November election. Joined by Oakland Mayor Barbara Lee and Sacramento Observer Publisher Larry Lee, Becerra emphasized the importance of high voter turnout at Oakstop, a local Black-owned business. The meeting focused on community protection and collective efforts to support California’s diverse populations as the campaign for the governorship enters its final days. Visit our website to read more.
Becerra Urges Black Leaders to Turn Out the Vote in Record Numbers
A week before the Nov. 3 election where he hopes to succeed Gov. Gavin Newsom as the next democratic governor, former U.S. Secretary of Health Xavier Becerra (center) stopped in Oakland to meet with Black leaders. Welcomed by Oakland Mayor Barbara Lee (center right), who is seeking reelection herself, Becerra said he was proud to stand with Black leaders in Oakland as Election Day grows closer. “Thank you to the elected officials, faith leaders, civic and community leaders who joined us at Oakstop, a Black-owned business that supports local entrepreneurs, artists, and community organizations. This election is about protecting all of California’s communities,” he said. “Let’s finish together.” They were joined by constituents Paul and Gay Cobb (left) and Sacramento Observer Publisher Larry Lee (right). Photo by Jonathan ‘Fitness’ Jones.
Black Press
20 Years of California Climate Law: Gov. Newsom and Former Gov. Schwarzenegger Lead Milestone Celebration
Gov. Gavin Newsom and former Gov. Arnold Schwarzenegger recently gathered at the California Economic Summit to mark the 20th anniversary of the Global Warming Solutions Act. The bipartisan celebration highlighted how the landmark law established a framework for reducing greenhouse gas emissions through the state’s cap-and-invest program. While the governors credited these policies with fostering clean-energy innovation and driving economic growth, critics continue to raise concerns regarding the impact of environmental regulations on energy affordability for residents. Read more to learn about the state’s climate milestones.
California Gov. Gavin Newsom and former Gov. Arnold Schwarzenegger celebrated two decades of the state’s landmark climate law on Wednesday, Oct. 14, highlighting California’s efforts to reduce greenhouse gas emissions while growing its economy and expanding clean-energy investment.
The Democratic governor and Republican former governor appeared together at the 15th annual California Economic Summit in Long Beach to mark the 20th anniversary of Assembly Bill 32, the Global Warming Solutions Act, which Schwarzenegger signed in September 2006. The law established a framework for reducing California’s greenhouse gas emissions and helped lay the groundwork for the state’s cap-and-invest program.
“We’ve shown the world what a state can accomplish,” Schwarzenegger said, highlighting California’s climate leadership.
Newsom credited Schwarzenegger’s decision to sign AB 32 with helping create the state’s cap-and-invest program, which requires companies to reduce their emissions, purchase allowances, or fund projects that offset pollution. Revenue from the program supports climate initiatives, affordable housing and transportation projects, as well as electricity bill credits for residents.
Newsom said California has reinvested $16 billion to offset residents’ electricity costs since the program began and expects to receive another $8 billion over the next four years.
He also argued that predictable climate policies encourage businesses to invest in California’s clean-energy economy, pointing to Tesla as an example of the opportunities the state’s regulatory framework created.
“There’s no Elon Musk without what Gov. Schwarzenegger did because there would be no Tesla,” Newsom said.
Schwarzenegger agreed that long-term policy certainty helps attract investment, arguing that California’s climate initiatives demonstrate that environmental protections and economic development can advance together.
The state extended its cap-and-invest program through 2045 last year, giving businesses a longer-term framework for planning investments and meeting emissions requirements.
However, California’s approach continues to face criticism over energy affordability and regulatory costs. Wayne Winegarden, a senior fellow at the Pacific Research Institute, argued that assessments of the state’s climate policies should better account for the high energy costs Californians face. Critics have also questioned how much of the state’s economic growth can be directly attributed to its environmental regulations.
The governors’ joint appearance underscored their shared support for climate action despite their political differences. Schwarzenegger has criticized Newsom’s support for Proposition 50, the 2025 redistricting measure that temporarily allowed California lawmakers to redraw congressional districts.
The anniversary comes as California continues to pursue emissions reductions and clean-energy investment while facing questions about the cost of its climate policies for households and businesses.
Black Press
Becerra Hosts Meet-and-Greet With Black Leaders in L.A.
Democratic gubernatorial candidate Xavier Becerra recently met with Black elected officials and community leaders in South Los Angeles to outline his platform for California’s future. Introduced by L.A. County Supervisor Holly Mitchell, Becerra detailed his priorities for expanding affordable housing, protecting healthcare access, and defending diversity and inclusion initiatives. The discussion addressed immediate challenges such as homelessness accountability, the impact of federal funding cuts, and the rising role of artificial intelligence in public life. Read more to learn how Becerra plans to address these issues.
Democratic gubernatorial candidate Xavier Becerra outlined his priorities for housing, health care, education and civil rights during an Oct. 15 meeting with Black elected officials and community leaders in South Los Angeles.
Los Angeles County Supervisor Holly Mitchell introduced Becerra, citing his experience in the Legislature, Congress and federal government.
“We need people who have walked where we have walked and understand the communities that we all live in, come from, and represent,” Mitchell said.
Becerra pledged to defend diversity, equity and inclusion programs against federal opposition and criticized voter identification requirements as barriers to voting.
“If there’s a fight for that diversity, that strength, that inclusion, that equity, count me in, and let me use the governor’s office to make it clear,” he said.
Identifying housing and health care as immediate priorities, Becerra said more than 40,000 housing units are awaiting financing. He cited Proposition 1, a housing bond measure on November’s ballot, as a potential funding source.
“Prop 1 would give us the money to help start getting those moving,” he said. “And the more you build, the more you relieve the pressure, the demand for housing, which means you can probably see the price stabilize as well.”
On homelessness, he demanded measurable results from cities and counties receiving state funding.
“We will demand accountability when it comes to homelessness,” he said. “I’m not willing to let $1 from the state, from taxpayers, go to a city or a county unless they can show me how they’re going to use the dollar and what the results will be.”
He advocated temporary shelter, mental health and substance use treatment, and intervention before families lose their homes.
Becerra warned that federal Medicaid cuts could leave millions without coverage and threaten hospitals and clinics.
“If these families lose their insurance and still go in for care, now the doctors and the hospitals won’t get paid,” he said. “I want to make sure neither the patients nor the providers feel like Trump’s cuts are going to undermine our health care system.”
He said he is consulting providers and insurers but offered no financing plan.
Addressing surveillance and artificial intelligence, Becerra urged safeguards against discriminatory tracking and dangerous technology, including possible government authority to shut down unsafe AI systems.
“Once you give up your privacy, you can’t get it back,” he said.
He also criticized federal immigration enforcement and advocated comprehensive immigration reform, citing uncertainty for families and employers dependent on immigrant labor.
On education, Becerra supported expanded early childhood learning, tutoring, stronger academic standards and experienced teachers in underperforming schools. He opposed directing public education funding toward for-profit private schools.
“Keep your taxpayer dollars in our public community schools,” he said. “Don’t let those tax dollars go to for-profit private schools first, because it’s already tough enough as it is.”
He said schools must address learning gaps early rather than advancing students without grade-level skills.
“Too many of our kids are starting even kindergarten, and they’re not ready to learn,” he said. “And is it surprising that by the third grade they’re not reading or doing math at grade level?”
He also urged districts to assign skilled teachers to schools with the greatest needs, working with unions to address compensation.
Black Press
Early Childhood Nonprofit Celebrates a Century of Success
BLACKPRESSUSA NEWSWIRE — “Our work has never been more urgent,” said NAEYC CEO Michelle Kang. “We need systems that truly value children and the people who care for and educate them. Early childhood educators are the workforce behind the workforce—skilled, dedicated professionals whose impact reaches children, families, businesses, and communities nationwide. By recognizing these educators’ expertise, investing in their compensation, and elevating their contributions, we invest in our collectiv
The National Association for the Education of Young Children (NAEYC) commemorates its 100th anniversary this year, marking a century of advocacy, innovation, and leadership in early childhood education (ECE).
Founded in 1926 as the National Association for Nursery Education, NAEYC began with a simple but powerful belief: young children deserve better, and the people who care for them deserve a voice. Today, NAEYC stands as the nation’s largest early childhood education association, with tens of thousands of members, 50 affiliates in nearly every state, more than 5,800 accredited early learning programs serving over half a million children and nearly half a million families, and nearly 180 accredited higher education programs teaching the next generation of early childhood educators.
“Our work has never been more urgent,” said NAEYC CEO Michelle Kang. “We need systems that truly value children and the people who care for and educate them. Early childhood educators are the workforce behind the workforce—skilled, dedicated professionals whose impact reaches children, families, businesses, and communities nationwide. By recognizing these educators’ expertise, investing in their compensation, and elevating their contributions, we invest in our collective future.”
A Century of Progress
Over the past 100 years, NAEYC has created the foundational infrastructure of the early childhood education field. Key milestones include:
- Publishing the first professional standards in 1929
- Collaborating to develop the Child Development Associate (CDA) credential in the 1970s
- Launching the first voluntary national accreditation system in 1985
- Establishing Developmentally Appropriate Practice guidelines in 1987 to promote each child’s optimal development and learning
- Creating the field’s first Code of Ethics in 1989
More recently, NAEYC convened Power to the Profession (2017–2020), a national collaboration of 15 organizations and 11,000+ educators that developed the “Unifying Framework,” which defines shared career pathways, qualifications, and compensation recommendations for the early childhood workforce.
A Crisis of Today
While the science is clear that high-quality early childhood education changes trajectories for children, families, and communities, today’s early childhood educators remain undervalued and under-supported. Early childhood educators currently earn a median wage of $15.41 per hour, even as families pay an average of $13,128 per year for child care.
“Families can’t afford to pay more, educators can’t afford to earn less,” said Kang. “Our entire nation suffers as parents can’t find or afford the high-quality care they need, pulling themselves out of the workforce in the process.”
A Year of Reflections and Events
As the centerpiece of its centennial commemoration, NAEYC has launched A Year of Reflections, a storytelling initiative inviting educators, families, and advocates to share the moments, mentors, and milestones that have shaped their journeys in early childhood education. Monthly themes throughout 2026—from beginnings to workforce advocacy to a vision for the future—aim to not only surface important stories and storytellers in the field but will help inform NAEYC’s next chapter.
Black History
Together Building Back Better
AFRICAN-AMERICAN NEWS AND ISSUES – DALLAS — For more than 57 years, the SHAPE Community Center has served as a cornerstone of Houston’s Third Ward, providing essential programs based on principles of unity and collective responsibility. Known as “The United Nations of The ‘Hood,” the center recently faced its most difficult challenge following a devastating electrical fire at the Nia Becnel Family Center.
I’m going through the most challenging experience of my life with SHAPE,” said Deloyd Parker. He has served as the executive director of the historic SHAPE Community Center for over 57 years and is still energetic and driven by the love of serving the people. Known as “The United Nations of The ‘Hood,” SHAPE is a precious cornerstone of Houston’s Third Ward, serving generations of families through programs and activities, with emphasis on Unity, Self-Determination, Collective Work & Responsibility, Cooperative Economics, Purpose, Creativity, and Faith.
January 2027 will mark two years since a devastating electrical fire took place at SHAPE’s Nia Becnel Family Center, located at 3815 Live Oak. The building and priceless historical items were significantly damaged and lost. That included the “Wall of Fame” photo collection that adorned the interior walls. Nedzra Ward, President of the Board of Directors, shared how the fi rst few days aft er the fire were very trying for everyone who loved SHAPE and those who visited the sacred grounds were in shock and silence. “We knew we had to start working to get things back up,” said Ms. Ward who has been apart of SHAPE’s staff and board for decades. In the aftermath, Ms. Ward called the insurance company and then reached out to Charles Cave to be the lead project manager. They also reached out to engineers Brian Smith, Barbara Smith and Frank Brown, and other experts to formulate the group known as Together Building Back Better (TBBB).
The team met weekly at the Harambee Admin Building located at 3903 Almeda Rd. And to continue serving the people, Mr. Parker and team worked to get that building certified and operational, especially for the children. “Deloyd never stopped. He was the driving force for everything. He made sure that someone was taking care of licenses and that this place was being refigured. His whole goal was to have these kids back and in a safe environment,” said Ms. Ward. “We have served the people for 57 years and as a result of serving the people, the people are coming through,” said Mr. Parker. “It’s going to take more than a fi re to put us out.
Volunteers from the community stepped up to help at Harambee Admin Building. Many programs, events and activities have resumed including the weekly Elders Institute of Wisdom and enrollment is now open for the 2026-2027 After School Enrichment Program. Soft opening scheduled for November The desire was to reopen the gutted Live Oak location within a year but Ms. Ward and Mr. Cave described the many challenges SHAPE has faced in this rebuilding effort. The insurance did not cover everything that’s needed and tariffs
The post TOGETHER BUILDING BACK BETTER appeared first on African American News and Issues.
Based on reporting by African-American News and Issues – Dallas.
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