BlackPressUSA
PRESS ROOM: JPMorgan Chase Commits $30 Billion to Advance Racial Equity
NNPA NEWSWIRE — “All Americans deserve equitable access to affordable housing and the physical, emotional and financial security it represents,” said Lisa Rice, CEO, National Fair Housing Alliance. “JPMorgan Chase’s new commitments will help make owning or renting a reality for more Black and Latinx families, whose housing access has been impeded by decades of systemic racism and are now disproportionately affected by the impact of COVID-19. Addressing the affordability crisis, now overlaid with the pandemic, will require many players on many fronts, and these commitments are concrete, meaningful steps in the right direction.”
New commitments and public policy efforts will address key drivers of the racial wealth divide, reduce systemic racism against Black and Latinx people, and support employees
October 8, 2020 – Today, JPMorgan Chase announced new long-term commitments to advance racial equity. The firm will harness its expertise in business, policy and philanthropy and commit an additional $30 billion over the next five years to provide economic opportunity to underserved communities, especially the Black and Latinx communities.
Structural barriers in the U.S. have created profound racial inequalities that have been exacerbated by the COVID-19 pandemic. The existing racial wealth gap puts a strain on families’ economic mobility and restricts the U.S. economy. Building on the firm’s existing investments, this new commitment will drive an inclusive economic recovery, support employees and break down barriers of systemic racism.
“Systemic racism is a tragic part of America’s history,” said Jamie Dimon, Chairman and CEO, JPMorgan Chase & Co. “We can do more and do better to break down systems that have propagated racism and widespread economic inequality, especially for Black and Latinx people. It’s long past time that society addresses racial inequities in a more tangible, meaningful way.”
Over the next five years, the firm expects these new commitments, which include loans, equity and direct funding, to:
- Promote and Expand Affordable Housing and Homeownership for Underserved Communities
- Originate an additional 40,000 home purchase loans for Black and Latinx households. To do this, the firm is committing $8 billion in mortgages. Efforts include:
- Improving key home lending products and offerings, including substantially increasing the Chase Homebuyer Grant in underserved communities.
- Help an additional 20,000 Black and Latinx households achieve lower mortgage payments through refinancing loans. To do this, the firm is committing up to $4 billion in refinancing loans.
- Finance an additional 100,000 affordable rental units. To do this, the firm will provide $14 billion in new loans, equity investments and other efforts to expand affordable housing in underserved communities. Efforts include:
- Investing additional capital in vital community institutions and increasing funding for the construction and rehabilitation of affordable housing for low and moderate-income households nationwide.
- Grow Black- and Latinx-owned Businesses
- Provide an additional 15,000 loans to small businesses in majority-Black and -Latinx communities. To do this, the firm will deliver $2 billion in loans. Efforts include:
- Launching a new program designed to help entrepreneurs in historically underserved areas access coaching, technical assistance and capital.
- Accelerating a digital lending product to better support the needs of small Black- and Latinx-owned businesses seeking quick access to capital.
- Spend an additional $750 million with Black and Latinx suppliers.
- Improve Financial Health and Access to Banking in Black and Latinx Communities
- Help one million people open low-cost checking or savings accounts. To do this, the firm commits to hiring 150 new community managers, opening new Community Center branches in underserved communities and materially increasing marketing spend to reach more customers who are currently underserved, unbanked or underbanked. Other efforts include:
- Continuing to open 100 new branches in low-to-moderate income communities across the country as part of the firm’s market expansion initiative.
- Building awareness and trust in Chase Secure Banking to meet the needs of Black and Latinx unbanked and underbanked households and expand access to traditional banking.
- Invest up to $50 million in the form of capital and deposits in Black and Latinx-led Minority Depository Institutions (MDI) and Community Development Financial Institutions (CDFI), and continue to mentor and advise select MDIs and CDFIs to help them achieve future success.
- Accelerate Investment in our Employees and Build a More Diverse and Inclusive Workforce
- Continue to build a more equitable and representative workforce and hold executives accountable by incorporating priorities and progress into year-end performance evaluations and compensation decisions for members of the Operating Committee and their direct reports.
- Provide financial coaching services to the firm’s U.S. employees.
The firm will also provide $2 billion in philanthropic capital over the next five years to drive an inclusive economic recovery and support Black, Latinx and other underserved communities. This extends and increases the firm’s current five-year $1.75 billion philanthropic commitment made in 2018. It will also include an emphasis on supporting Black- and Latinx-led organizations.
A fact sheet detailing JPMorgan Chase’s new commitments is available here.
Holding Ourselves Accountable
Measuring impact and ensuring accountability is central to these new commitments. Progress will be tracked regularly and shared with senior leadership across the firm, as well as externally with the Chase Advisory Panel, to assess performance and hold the business accountable. These efforts will further allow for maximum impact and bring an enhanced equity lens to the firm’s business.
Comments on the Importance of Advancing Racial Equity
“We have a responsibility to intentionally drive economic inclusion for people that have been left behind,” said Brian Lamb, Global Head of Diversity and Inclusion, JPMorgan Chase. “The COVID-19 crisis has exacerbated long-standing inequities for Black and Latinx people around the world. We are using this catalytic moment to create change and economic opportunities that enhance racial equity for Black and Latinx communities.”
“To ensure the Latino community can thrive, we must work together to break down persistent obstacles to opportunity created by systemic racism,” said Janet Murguía, President and CEO, UnidosUS. “JPMorgan Chase’s new commitments will help ensure that the American dream is accessible to more Latinos today, create a multiplier effect through generations, and lead to a stronger country with greater shared prosperity.”
“America’s racial wealth gap has been a persistent injustice, and it can no longer be tolerated as business as usual,” said Marc Morial, President and CEO, National Urban League. “I am heartened to see JPMorgan’s specific, measurable commitments that we believe will address decades of systemic racism toward Black communities – and will bolster the wellbeing of families across the country, as well as our collective economy. We are proud to work alongside JPMorgan Chase to make these changes and help craft conditions for lasting racial equity.”
“All Americans deserve equitable access to affordable housing and the physical, emotional and financial security it represents,” said Lisa Rice, CEO, National Fair Housing Alliance. “JPMorgan Chase’s new commitments will help make owning or renting a reality for more Black and Latinx families, whose housing access has been impeded by decades of systemic racism and are now disproportionately affected by the impact of COVID-19. Addressing the affordability crisis, now overlaid with the pandemic, will require many players on many fronts, and these commitments are concrete, meaningful steps in the right direction.”
“This moment requires leaders and their institutions to shake off the husks of complacency and to stand in transformative solidarity with the more than 100 million in America who face the burdens of a democracy and economy that does not yet allow them to participate, prosper, and reach their full potential,” said Dr. Michael McAfee, President and CEO, PolicyLink. “JPMorgan Chase is beginning the journey to answer this call. Its targeted investments in Black and Brown communities and its leadership advancing public policy ensures all people in America participate in a just society, live in a healthy community of opportunity, and prosper in an equitable economy is the type of creative spark that will usher in America’s renewal.”
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.2 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
BlackPressUSA
Latinas Deserve Equal Pay. Unions Help Make It Happen.
By Fred Redmond
Everywhere you look, everything costs too much. Families are stretching every paycheck to cover soaring grocery bills. Too many are struggling to make rent. Child care, health care and gas bills continue to strain household budgets. Working people are doing everything right, yet too many are still falling behind.
For Latina workers, this crisis is compounded by a persistent and unjust pay gap. That’s why we observe Latina Equal Pay Day on Oct. 8 this year. It brings attention to the fact that among full-time, year-round workers, Latinas earned just 60 cents in 2025 for every dollar earned by white men. That wage gap isn’t just a statistic—it means smaller paychecks, fewer opportunities to build wealth, less financial security and harder choices about how to provide for their families.
Latinas deserve equal pay for equal work. Full stop. Anything less hurts working families and weakens our economy. A union contract can help level the playing field.
The evidence is clear. Hispanic workers overall receive a large wage boost from union membership, with a 16.4% wage premium compared with nonunion Latino workers. Latinas in a union earn about $15,288 more per year than Latinas who are not in a union. Most importantly, union contracts also help narrow the gender pay gap: Women working full time in union jobs earn 86.2 cents for every dollar earned by men who are union members—a significantly smaller gap than among nonunion workers.
Negotiated contracts replace arbitrary decisions with clear wage scales, transparent pay systems and enforceable workplace standards. Instead of leaving pay to bias or favoritism, union contracts establish fair standards that workers can enforce.
A report from the Economic Policy Institute finds that strengthening workers’ rights to organize and increasing union density would significantly reduce racial wage gaps while strengthening our economy and our democracy. Communities with higher union membership invest more in public education, are more likely to expand access to health care and provide stronger unemployment protections when people lose their jobs.
Our labor movement has always understood that civil rights and workers’ rights are inseparable. Dr. Martin Luther King Jr. recognized that truth when he stood with striking sanitation workers in Memphis, Tennessee. Today, we carry that legacy forward by fighting for workplaces where every worker is respected, protected and paid fairly.
Latina Equal Pay Day should not simply remind us how far we still have to go. It should remind us that we already know how to make progress. Progress happens when workers organize. It happens when we bargain together. And it happens when we stand in solidarity with one another. That’s why we must elect leaders who will fight to protect workers’ rights, strengthen unions and defend our democracy.
We must recommit ourselves to building an economy where every worker is valued, every paycheck reflects the dignity of work and every Latina receives the equal pay she has long deserved. Because when Latinas are paid fairly, every family can afford to build a better future.
Fred Redmond, the highest-ranking African American labor official in history, is the secretary-treasurer of the AFL-CIO, the nation’s largest labor federation representing 65 unions and nearly 15 million workers.
Art
Houston’s ‘call Me Mother’ Exhibit Opens Today, Spotlighting Black Maternal Health
AFRICAN-AMERICAN NEWS AND ISSUES – DALLAS — The Health Museum in Houston today opens “The Call Me Mother Experience,” an exhibition spotlighting Black maternal health through art and personal storytelling. Curated by Houston’s first Black poet laureate, Deborah D.E.E.P. Mouton, the project originated from her own poem written during a miscarriage.
HOUSTON — A new exhibition opening Sunday, Oct. 4, at The Health Museum is bringing Black maternal health into public view through art and personal storytelling.
The Call Me Mother Experience will be on display through Feb. 28, 2027. The museum lists a preview reception today from 3 to 5 p.m. at 1515 Hermann Drive, with tickets priced at $5 for members and $15 for nonmembers.
A personal story becomes a community conversation
According to the museum, founder, curator and lead artist Deborah D.E.E.P. Mouton developed the project from a poem she wrote during a miscarriage. The installation combines films, recorded interviews, visual artwork and contributions created with community members.
Mouton, Houston’s first Black poet laureate, discussed the exhibition and her connection to its subject in an Oct. 1 appearance on KPRC’s Houston Life. The station described the project as addressing the unequal burden of pregnancy-related illness and death faced by Black women in Harris County.
An announcement distributed by the Call Me Mother Experience says the initiative will also reach community locations and faith-based organizations across Greater Houston. Those additional settings are intended to extend the conversation beyond a museum visit.
What visitors can expect
The museum says reception guests can explore the exhibit, hear the curator and meet participating artists. Reception admission includes general museum entry; refreshments are available while supplies last.
The featured image accompanying this article is an original illustrative concept, not a photograph of the exhibition or its artwork.
Sources and visitor information:The Health Museum exhibition listing; preview reception details and tickets; KPRC Houston Life; organizer announcement.
The post Houston’s ‘Call Me Mother’ Exhibit Opens Today, Spotlighting Black Maternal Health appeared first on African American News and Issues.
Based on reporting by African-American News and Issues – Dallas.
Black Press
Should You Have to Pay to Hear the Gospel?
ST. LOUIS AMERICAN — Pastor Philip Anthony Mitchell of Atlanta’s 2819 CHURCH and Tim Timberlake of Celebration Church in Jacksonville, Florida, are at the center of a social media debate. The controversy stems from ticket prices for their “Street Preachers” podcast tour, with general admission tickets reportedly costing around $60 and VIP options up to $200.
For generations, the Black church has passed the offering plate to keep the lights on, pay the preacher, help the poor and carry the Gospel beyond its walls. But what happens when the preacher leaves the sanctuary, takes a popular Christian podcast on tour — and charges admission?
That question has placed Pastor Philip Anthony Mitchell, founder and lead pastor of Atlanta’s fast-growing 2819 CHURCH, at the center of a heated social media debate.
Mitchell and Tim Timberlake, senior pastor of Celebration Church in Jacksonville, Florida, host “Street Preachers,” which its official website describes as a “raw, unfiltered podcast” committed to spreading the Gospel.
‘A brood of vipers’
The controversy began after ticket prices for the podcast’s 2026 tour circulated online. General admission tickets reportedly cost about $60 before fees, with premium options, including a VIP meet-and-greet package, priced at $200. Critics questioned whether ministers should charge people to hear the Gospel.
Others defended the pastors, arguing that Christian events require venues, transportation, security, equipment and staff.
Mitchell answered critics from the pulpit last month, calling them “a brood of vipers.” He said the podcast is a separate, personal project and that neither his church nor Timberlake’s is bankrolling it.
“Now we have decided to go on a tour to take the gospel to cities, and because that’s not funded by 2819, and it’s not funded by Celebration Church, Tim and I gotta do that with our own pockets,” Mitchell said. “It’s why there is tickets. We have to pay for venues and security and productions and staff from our own pockets.”
Mitchell called some critics “ignorant” and said they did not know that a child was healed through faith during one of the events.
“And you want to complain about a 60 ticket?” he said. “So hate on!”
Worship service vs. media event
Mitchell maintains that “Street Preachers” is an independently produced podcast tour, not a worship service, and that ticket revenue helps cover production costs.
Yet the presence of pastors, Scripture and Gospel language makes the distinction less clear to some believers.
The official tour website lists all eight 2026 stops as sold out. Promotional material announcing additional dates promised, “Better ticket options. Same Gospel. Same move of God.”
Corporate prayer gathering
The language gets to the heart of the dispute. Some Christians argue that no one should be kept outside because they cannot afford a ticket. Others say the Gospel remains free even when people pay for the venue and experience surrounding its presentation.
The paid podcast tour, however, is not Mitchell’s only large-scale gathering. On Oct. 10, 2819 CHURCH will host “ACCESS — That Powerful Hour of Prayer” at AT&T Stadium in Arlington, Texas. Admission is free.
2819 CHURCH has said 80,000 free tickets were claimed before registration reopened.
The contrast raises another question: What makes one Gospel-centered event a ministry supported by donors and another a production supported by customers?
Unfiltered preaching, youth appeal
Mitchell’s congregation, composed largely of young Black adults, grew from fewer than 200 weekly worshippers in 2023 to about 6,000, according to the church. Some worshippers arrive before sunrise to secure a place inside.
His appeal rests partly in an intense, vulnerable and raw preaching style.
“I’m preaching without watering that down, without filtering out things that we think might be too controversial,” Mitchell told The Associated Press.
That visibility has also brought scrutiny of his theology, associations, travel, security and the businesses surrounding his ministry.
But the controversy reaches beyond Mitchell and Timberlake. Christian music concerts charge admission. Seminaries charge tuition. Religious publishers sell Bibles, books and devotionals. Churches pay musicians, media teams and guest preachers. Money becomes particularly uncomfortable, however, when an event is presented simultaneously as ministry and entertainment.
Ministry vs. entertainment
Supporters should not assume every dollar collected becomes personal profit. Critics, however, question whether lower-cost seats, sponsored tickets or free admission for people who cannot pay should be part of a Gospel-centered event.
The Black church always has required resources for ministry. It also has carried a sacred responsibility to make room for people with little or nothing to give.
The sold-out “Street Preachers” tour shows people are willing to pay to attend. The free ACCESS gathering offers a different model. The challenge is preserving that open door as Christian ministry increasingly adopts the machinery — and economics — of popular entertainment.
The post Should you have to pay to hear the Gospel? appeared first on St. Louis American.
Based on reporting by St. Louis American.
Black Press
NCCU Ramping up for the 89th Ultimate Homecoming Experience
NORTH CAROLINA CENTRAL UNIVERSITY – CAMPUS ECHO — N.C. Central University is preparing for its 89th Ultimate Homecoming Experience, a week-long celebration. Thousands of students, family, friends, and alumni are expected to gather on campus for festivities including the Homecoming Countdown, parade, Miss and Mister NCCU Coronation, concerts, and the football game.
This Saturday N.C. Central University will kick off its 89th Ultimate Homecoming Experience — a week-long celebration bringing thousands of students, family, friends and alumni to campus.
This year’s festivities include the Homecoming Countdown, parade, Miss and Mister NCCU Coronation, concerts and the football game.
The number of visitors to the football game on Saturday, Oct. 10 is expected to reach at least 10,000 — O’Kelly Riddick Stadium’s capacity, with NCCU’s recent enrollment increase of more than 10,000 students.
The Eagles will face William & Mary after playing against the Campbell University’s Fighting Camels on Oct 3.
Students are already expressing excitement for the upcoming festivities.
“I’m excited for homecoming because I can meet alumni and go outside and party with my fellow eagles,” Digital Filmmaking junior Rhese Gardner said. “I’m also really looking forward to the Greek Bowl because there’s a lot going on.”
He added that even though he’s disappointed this semester’s Oil Spill was canceled, he’s still excited for the other events like the parade and concerts.
Here is a list of the week’s on-campus events:
- Oct. 3 – Homecoming Countdown
- Oct. 4 – Gospel Concert
- Oct. 5 – Coronation of Miss and Mister NCCU
- Oct. 6 – 10:40 Break
- Oct. 6 – Homecoming Experience Showcase
- Oct. 7 – Fried Chicken Wednesday
- Oct. 7 – Festival Block Party
- Oct. 7 – Late Night Breakfast
- Oct. 8 – Back to the Nest Young Alumni Mixer
- Oct. 8 – Old School Greek Stroll Off
- Oct. 8 – Hip-Hop Concert
- Oct. 9 – Step Show
- Oct. 10 – Football Game
The post NCCU ramping up for the 89th Ultimate Homecoming Experience first appeared on Campus Echo Online.
Based on reporting by North Carolina Central University – Campus Echo.
Black Press
Botham Jean’s Killer Granted Parole 7 Years After His Murder
MICHIGAN CHRONICLE — Former Dallas police officer Amber Guyger has been granted parole, seven years after her conviction for murdering Botham Jean inside his Dallas apartment. The Texas Board of Pardons and Paroles approved her release on October 1, seven years to the day after her murder conviction. Guyger was convicted in 2019 and sentenced to 10 years in prison for Jean’s 2018 death.
Former Dallas police officerAmber Guyger has been granted parole seven years after she was convicted of murdering her neighbor,Botham Jean, inside his Dallas apartment.
The Texas Board of Pardons and Paroles approved Guyger’s release Thursday (October 1), seven years to the day after Guyger was convicted of Jean’s murder, according to NBC News.
In 2019, a jury convicted Guyger of murder and she was sentenced to 10 years in prison for Jean’s 2018 death. Her conviction and 10-year sentence were upheld on appeal in 2022.
Geyger’s first parole request was denied in 2024, NBC Dallas-Fort Worth reported.
The Dallas Police Department fired her after the shooting. During her trial, Guyger testified that she mistakenly entered Jean’s apartment after returning home from work, believing it was her own apartment one floor below.
She said she saw Jean inside and fired her weapon because she believed he was an intruder, according to NBC News.
Jean was a 26-year-old Black man from St. Lucia who worked as an accountant. He was inside his home eating ice cream when Guyger entered and shot him, NBC DFW reported.
The parole board cited Guyger’s prison record in approving her release. According to NBC DFW, officials said she did not have a documented pattern of violent or assaultive arrests or convictions, maintained a satisfactory adjustment while incarcerated, and completed programs intended to help her obtain and maintain employment.
Jean’s family opposed the parole decision and had asked that Guyger serve her full 10-year sentence, according to NBC DFW.
Civil rights attorney Lee Merritt, who represents the family, told NBC DFW that the decision was deeply disappointing.
“They stood up again and again to ask that the full sentence be served,” Merritt said.
The Dallas Police Department told NBC DFW that the parole decision was outside its authority and that the department had no role in determining whether Guyger would be released. The department said its thoughts remained with Jean’s family and others affected by his death.
Guyger’s conviction and 10-year sentence were upheld on appeal in 2022.
A civil jury ordered Guyger to pay Jean’s family $98.6 million in damages in 2024, according to NBC DFW.
Guyger’s release date has not been announced. NBC News reported that the Texas Department of Criminal Justice will determine when she is released.
The Black Information Network is your source for Black News! Get the latest news 24/7 on The Black Information Network. Listen now on the iHeartRadio app or click HEREto tune in live.
Based on reporting by Michigan Chronicle.
Black History
Morehouse School of Medicine Fall Convocation Has Strong Ties to Nashville
TENNESSEE TRIBUNE — Morehouse School of Medicine recently held its 42nd Fall Convocation and White Coat and Pinning Ceremony, which highlighted strong connections to Nashville. Dr. Valerie Montgomery Rice, in her 12th year as president and CEO, leads the institution, which welcomed 355 new students.
Morehouse School of Medicine held its 42nd Fall Convocation and White Coat and Pinning Ceremony on September 18, and it featured strong ties to Nashville. Dr. Valerie Montgomery Rice is completing her 12th year as president and CEO of Morehouse School of Medicine (MSM). The school boasts 355 students seeking degrees and certificates in the medical field.
“This entering class represents the future of medicine, science, public health and health care leadership,” said Valerie Montgomery Rice, MD, and FACOG. “As these students begin their journeys at Morehouse School of Medicine, they join a community grounded in excellence, service and our shared commitment to advancing health equity. We look forward to supporting their development as leaders who will transform the health and well-being of the communities they serve.”
Infectious diseases physician and scientist Dr. Barney S. Graham, MD, and PhD, served as the keynote speaker. He serves as the director of the David Satcher Global Health Equity Institute, professor of Medicine and Microbiology, Biochemistry and Immunology at Morehouse School of Medicine. He is an inventor of vaccines and monoclonal antibodies approved for human use to prevent or treat RSV, COVID-19 and Ebola. He joined MSM in 2022. He served in various positions at Vanderbilt University for 21 years.
Dr. Graham told the audience to “Embrace the Unseen” and focused on three points: Do the Best You can with what’s in front of you, Do what makes you come alive and Do the right thing even when no one is looking. He added, “Anything you do to improve mental and physical wellness and promote disease prevention will reduce health disparity by reducing the resources needed for treatment.”
His remarks commanded a roaring applause from the audience, which included his wife, Dr. Cynthia Turner Graham, and the former First Lady of Tennessee State University, Mrs. Edwina Hefner, a close friend to the family.
Based on reporting by Tennessee Tribune.
-
Black Press1 week agoOP-ED: Haiti TPS: Have We Lost Sense of Humanity?
-
Black History1 week agoCOMMENTARY: The Audacity of Joyce Beatty
-
Black History1 week agoRulings Leave Questions Lingering in Nolan Wells Case
-
Black History1 week agoBaptist Minister Says Black Church Champions for Civil Rights to Reign but Hesitates to Let Black Women Lead
-
Black History1 week agoWhy Black Artists Struggle to Sell Tours
-
Auto1 week agoConsumers and States Awarded $694 Million After Predatory Auto Lender Settles Lawsuit

