Politics
Rep. Maxine Waters Seeks to Protect Consumers with “Megabank” Bill
By Freddie Allen (Editor-In-Chief, NNPA Newswire)
In an effort to rein in financial institutions that have track records for harming consumers, Rep. Maxine Waters (D-Calif.) recently unveiled The Megabank Accountability and Consequences Act (H.R. 3937).
The new bill would require, “prudential banking regulators, such as the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Reserve Board, to fully utilize their authorities to shut down megabanks that repeatedly harm consumers.”
The original co-sponsors of the Megabank Accountability and Consequences Act are: Representatives Michael Capuano (D-Mass.), Al Green (D-Texas), Keith Ellison (D-Minn.), Marcy Kaptur (D-Ohio), John Sarbanes (D-Md.), Pramila Jayapal (D-Wash.), and Jamie Raskin (D-Md).
During a press conference to announce the bill, Waters called a report that detailed Wells Fargo’s egregious consumer abuses, “truly eye-opening.”
The report not only described how Wells Fargo defrauded millions of consumers by opening fake credit card and deposit accounts in their names, it also revealed illegal student loan servicing practices; unlawful mortgage lending practices, such as overcharging veterans for refinance loans; and how bank representatives sold customers auto insurance policies they didn’t need.
In prepared remarks, Waters said that Wells Fargo “made a routine practice of ripping off and preying on their customers, in a seemingly never-ending avalanche of scandals in which service members, minorities, homeowners, small business owners and many other consumers have been targeted and abused by the bank.”
The report also noted that fines imposed on the bank did little to deter the abusive practices.
Waters said that her bill would, “also enable the Consumer Bureau, states and local government authorities to petition the prudential regulators to hold a hearing on whether a megabank engaged in such consumer abuse.”
Waters continued: “The prudential regulators themselves will now be accountable to Congress and the American public, and have to regularly determine that the megabanks are doing what they are supposed to do—serving their customers and not ripping them off.”
The bill defines a megabank as “global systemically important bank or GSIB.”
Waters said that federal regulators will have 90 days to review the “megabanks” they supervise that operate in the United States. If the financial institutions have engaged in a pattern of law violations, Waters said that the federal regulators can, within 120 days of enactment, begin to “wind down the bank” and stop the offending executives from working at other banks.
“This process is subject to judicial review, and the federal prudential regulators must testify before Congress to discuss their findings,” said Waters.
The bill also requires that the Consumer Financial Protection Bureau issue regulations that more closely define the practices that violate federal consumer protection laws that should receive stricter penalties.
“It is time we truly hold megabanks that demonstrate a pattern of harming consumers accountable,” said Waters. “These institutions must no longer be allowed to abuse hardworking Americans.”
Black Press
Poll: Becerra Widens His Lead Over Hilton; Californians Split on Wealth Tax
A new Public Policy Institute of California poll shows Democrat Xavier Becerra leads Republican Steve Hilton by 22 points in California’s governor’s race, with 60% of likely voters supporting Becerra compared to 38% for Hilton. The September survey also reveals Californians are closely divided on a proposed one-time tax on billionaires, with 52% of likely voters in favor of Proposition 40. Affordability issues are a major factor for voters. Read more to learn about the poll’s additional findings on voter sentiment.
Democrat Xavier Becerra holds a 22-point lead over Republican Steve Hilton in California’s governor’s race, while voters remain closely divided over a proposed one-time tax on billionaires, according to a new Public Policy Institute of California poll.
The September PPIC survey found that 60% of likely voters support Becerra, compared with 38% for Hilton. His lead is actually narrower than it was in July, when he led Hilton 61% to 36%.
Becerra leads among independent voters, with 57% supporting him compared with 38% for Hilton. Party loyalty remains strong, with 93% of Democratic likely voters backing Becerra and 92% of Republicans supporting Hilton.
Hilton leads in the Central Valley, where 52% of likely voters support him compared with 46% for Becerra.
Affordability remains a major factor: 65% of likely voters say candidates’ plans to address cost-of-living issues are “very important” to their vote.
“Affordability continues to be top of mind for Californians when considering their choice for governor,” said Mark Baldassare, PPIC Statewide Survey director and Miller Chair in Public Policy.
The poll also found a narrow split over Proposition 40, a proposed one-time tax of up to 5% on taxpayers with assets exceeding $1 billion. Fifty-two percent of likely voters said they would vote yes, while 46% said they would vote no.
Support for the wealth tax varies sharply by party. Seventy-two percent of Democrats favor Proposition 40, compared with 46% of independents and 21% of Republicans.
Two competing measures also drew majority support. Fifty-one percent back Proposition 41, while 54% support Proposition 42, both of which could affect the wealth-tax proposal.
The findings come as Californians express broader frustration with the state’s political direction. Seventy-one percent of likely voters expect bad economic times in California over the next year.
“Californians are clearly grumpy and aren’t enamored with any particular political party or movement,” Baldassare said.
The survey interviewed 1,745 California adults, including 1,103 likely voters, from Sept. 4-10. The margin of error for likely voters is plus or minus 3.8 percentage points.
Black Press
LIVE FREE Sunday Dinner Brings Faith, Fellowship and Civic Conversation to Oakland
Approximately 50 members and guests gathered at Imani Community Church for a LIVE FREE Sunday Dinner, sharing a meal with Pastor Michael McBride. The event, hosted by Imani Community Church Pastor Jeremy McCants, focused on faith, community preparedness, and civic participation. Participants discussed “sacred resistance” and how communities can collectively respond to challenges, including practical suggestions for emergencies. The conversation also touched upon the importance of civic engagement and voting in the upcoming election. Read more to learn about the specific actions discussed.
Pastor Michael McBride joins Imani Community Church Members for Food, Faith and Conversation about Community Action
Approximately 50 members and guests of Imani Community Church gathered Sunday afternoon for a LIVE FREE Sunday Dinner, sharing a meal with Pastor Michael McBride while discussing faith, community preparedness and civic participation.
Hosted by Imani Community Church Pastor Jeremy McCants, the Sept. 20 gathering was part of LIVE FREE’s Sunday Dinner initiative, which draws upon the tradition of families, neighbors and faith communities gathering around the Sunday dinner table to break bread and discuss issues affecting their lives.
McBride is founder of LIVE FREE and lead pastor of The Way Christian Center on University Avenue in Berkeley. His Bay Area ministry has deep roots. The congregation traces its history to a church planted by McBride’s grandmother in 1969. McBride returned to the Bay Area in 2005 and became its fourth pastor.
His ministry later expanded into community organizing and national advocacy. McBride founded LIVE FREE in 2011 following organizing work in Oakland and has been involved in efforts addressing gun violence, mass incarceration and civic engagement.
At Imani, the Sunday dinner concept was simple: sit down together, eat together and talk.
McBride recalled a time when Sunday dinner provided families and neighbors an opportunity to discuss what was happening in their communities. LIVE FREE has adapted that tradition into gatherings where faith communities and neighbors can meet, communicate, and consider how to respond collectively to current challenges.
Much of Sunday’s conversation centered on what McBride described as “sacred resistance,” bringing faith into discussions about how communities respond during difficult and uncertain times.
Participants considered a fundamental question: How do we make sense of what is happening around us, and how do we move forward?
The conversation was grounded in faith and prayer, but participants also discussed action and preparation. Attendees talked about not assuming that institutions and everyday systems will always function as expected.
Practical suggestions included keeping basic food staples such as rice and beans available during emergencies. Participants cited the water crisis in Flint, Michigan, as an example as they discussed communities that have experienced disruptions to essential services.
The broader message was one of preparedness and connection: neighbors should know and support one another before a crisis occurs.
The conversation also turned to civic participation and the upcoming election.
McBride’s message was brief: “Vote. We must vote.”
Participants were encouraged to register to vote, verify that their registration is current, and learn what will appear on their ballots. The discussion included researching candidates and ballot measures, voting early, and making a voting plan.
An Oct. 3 workshop was announced as another opportunity for community members to learn more about candidates, volunteer phone banking, ballot measures, and issues before voters.
For Imani’s Social Justice Team, the gathering provided another opportunity to share information with the congregation and surrounding community regarding Imani member Zakiya Jendayi, fighting for her home, and how the community can support her by attending a vigil at her Oakland home every Tuesday from 6-7 p.m. at 3614 Randolph Ave. 94610.
Black History
Caribbean Nations Produce Action Plan Calling for UK Reparations Over Slavery
Caribbean nations are developing an action plan with legal options to press the United Kingdom for negotiations regarding slavery reparations. Officials at a recent conference indicated that regional leaders hope for targeted talks at upcoming Commonwealth and UN summits. However, if diplomatic efforts are resisted, the Caribbean nations are prepared to pursue international court action. A spokesperson for the British government recently reiterated its long-held position against paying reparations. Read more about the unified strategy being pursued.
Caribbean nations are producing an “action plan” with legal options to push the United Kingdom (UK) into negotiating a decades-long slavery reparations deal, according to officials at a reparations conference.
Leaders in the region are hoping the UK would agree to targeted and constructive negotiation talks at upcoming Commonwealth and UN summits, but they are ready to take the matter to international courts if Britain continues to resist diplomatic options, according to the Guardian.
Earlier this month, a spokesperson reiterated the British government’s long‑held position that “the UK does not and will not pay reparations”.
Ralph Gonsalves, the former prime minister of St. Vincent and the Grenadines, said the Caricom Regional Conference on Reparations, which was hosted last week by Barbados with the Caricom Reparations Commission (CRC), was key for agreeing to a unified strategy to bring Britain to the negotiating table. Gonsalves is now an elder and adviser for the Repair Campaign, a social movement for reparatory justice.
He said that slavery happened over centuries and reparations had to be realistic and set over decades. “We need a concrete, multigenerational plan,” he said.
On the legal options available to the Caribbean, Gonsalves challenged arguments that Britain did not violate historical laws during transatlantic slavery, adding that the UK’s signature on contemporary UN conventions had established a binding legal obligation for reparative justice.
“The fact is that the consequences of slavery fall squarely under the Committee on the Elimination of Racial Discrimination, which obliges states to help address the consequences of native genocide and slavery,” Gonsalves said.
Black Press
Statement from the President of the National Association of Black Journalists on Press Ban
TEXAS METRO NEWS — The National Association of Black Journalists (NABJ) condemned President Donald Trump’s decision to deny access to MS NOW journalists and his threats against CNN and Politico due to unfavorable coverage. The NABJ stated that journalists hold power accountable for the American people, and government officials cannot grant or withhold access based on reporting they like or dislike.
NABJ condemns President Donald Trump’s decision to deny access to MS NOW journalists and his threat to exclude CNN and Politico because of coverage he dislikes. The role of journalists is to hold power accountable on behalf of the American people. Government officials cannot reward reporting they find favorable with access, or withhold access as punishment for journalists who have scrutinized or criticized them. This retaliation is a threat not only to the news organizations being targeted, but to every journalist working to report independently and without fear of government reprisal. The White House belongs to the American people, and they have a right to know what their government is doing. Journalists must be free to ask difficult questions and report the answers. A free and independent press is not a privilege granted at the discretion of any president. It is a cornerstone to a healthy and functioning democracy. The First Amendment can never be optional.
Based on reporting by Texas Metro News.
Black Press
America’s Reading Crisis Demands More Than Concern. It Demands Action.
JACKSON ADVOCATE — A national literacy crisis is emerging as reading achievement continues to decline across the United States. Nearly 40% of fourth graders read below the basic level, and roughly one-third of eighth graders are below basic, marking the highest share ever recorded.
By Marc H. Morial
National Urban League President & CEO
New York City’s troubling decline in reading scores, despite one of the most ambitious literacy reform efforts in the nation, is a wakeup call for the entire nation.
Across the country, reading achievement continues to decline. Nearly 40 percent of fourth graders read below the basic level and roughly a third of eighth graders are reading below basic, the highest share ever recorded.
Taken together, these numbers reveal a national literacy crisis that threatens economic opportunity, educational equity, and our nation’s future competitiveness.
Reading is not merely another subject in school. Reading is the foundation upon which all learning rests. A child who struggles to read struggles to learn history, science, mathematics, and civics. A young person who cannot effectively read and analyze complex information faces barriers to college completion, workforce success, and informed participation in our democracy.
That is why the growing literacy crisis is fundamentally an opportunity crisis. Behind every percentage point is a child whose future opportunities hang in the balance. Persistent achievement gaps mean that Black and Latino students continue to bear a disproportionate share of the consequences when reading instruction falls short. If we are serious about economic mobility and educational justice, literacy must be at the center of the conversation.
For more than two decades, many schools embraced Balanced Literacy approaches that sought to cultivate a love of reading by putting books in students’ hands and encouraging independent reading. The approach was well-intentioned, but too often foundational skills instruction, particularly phonics and decoding, suffered.
The evidence is increasingly clear that explicit, systematic instruction helps more children become successful readers. States and school districts that are embracing these principles deserve credit for moving in the right direction. But millions of students are already in middle school, high school, and even college struggling to read complicated texts, analyze difficult arguments, and complete entire books.
What is our plan for them?
Too many students arrive in high school lacking the reading stamina necessary to engage deeply with literature, history, or complex informational texts. College professors increasingly describe students who struggle with lengthy assignments that previous generations navigated more comfortably.
To be clear, Balanced Literacy alone cannot explain these trends. Increased screen time, constant digital distractions, shortened attention spans, and the dominance of algorithm-driven content all influence students’ reading habits and learning experiences.
Yet recognizing these factors cannot become an excuse for inaction.
Instead, it should compel us to think more broadly about literacy.
The challenge before us is not simply helping children sound out words. It is helping them develop the capacity to wrestle with complex ideas, sustain attention, evaluate evidence, and build knowledge through reading. It is helping them become informed citizens and lifelong learners.
And that requires a comprehensive, systemic strategy.
We need high-quality literacy instruction beginning in early childhood settings and extending throughout elementary school. We need to strengthen early intervention so that struggling readers receive support before learning gaps become entrenched. We must carefully examine the quality and effectiveness of programs serving our youngest learners, including Head Start and other early childhood initiatives.
At the same time, we need a national commitment to literacy recovery for older students. Districts and states should be developing evidence-based strategies that help adolescents strengthen comprehension, vocabulary, knowledge-building, and engagement with complex texts. Students who fell behind during the pandemic and those who continue to struggle deserve intensive support, not lowered expectations.
We should also have serious conversations about the role of technology in children’s lives. Restricting unnecessary screen exposure, particularly in the early grades, should be part of a broader effort to rebuild reading habits and attention spans that support learning.
More concerning than the decline in reading scores is the absence of a clear, large-scale strategy to address the growing crisis. Every year that a struggling reader falls further behind increases the likelihood that they will face lifelong educational and economic disadvantages.
The recent reading results from New York City are a warning. The national NAEP results are an even louder one. Together, they tell us that incremental change is not enough.
We know more about how children learn to read than ever before. We know that literacy is the gateway to opportunity. What remains to be seen is whether we have the collective will to act with the urgency this moment demands.
Our children cannot afford for us to wait.
Based on reporting by Jackson Advocate.
Art
Peter Magubane: a Camera Against Apartheid
THE POSITIVE COMMUNITY — Peter Magubane, a pioneering South African photographer, dedicated his life to documenting the realities of apartheid. Born in 1932, Magubane began his career at Drum magazine in 1954, initially as a driver before becoming a photographer.
Peter Magubane was more than a photographer. He was a witness, storyteller, historian and courageous chronicler of one of the most turbulent periods in South African history. Born on January 18, 1932, in Vrededorp, Johannesburg, and raised in Sophiatown, Magubane discovered photography as a young boy after receiving a Kodak Brownie camera. That simple camera would eventually become his instrument for documenting the lives, struggles and determination of Black South Africans. He died on January 1, 2024, at the age of 91, leaving behind one of the most important photographic archives of South Africa’s apartheid era.
Magubane’s professional journey began at Drum magazine in 1954. He initially worked as a driver and messenger, but his ambition was to become a photographer. Under the mentorship of Drum’s legendary chief photographer Jürgen Schadeberg, Magubane developed his skills and began photographing major political and social events. His first significant assignment involved covering the 1955 African National Congress convention. From that point forward, photography became his way of documenting a country undergoing enormous change.
The South Africa that Magubane photographed was governed by apartheid, a system that legally enforced racial segregation and discrimination. For Black South Africans, everyday life was shaped by restrictions on where they could live, work and travel. Magubane did not limit himself to photographing politicians or famous leaders. He photographed ordinary people—children, workers, families and communities—giving the outside world a visual record of what apartheid meant in everyday life.
One of the defining moments of Magubane’s career came in 1960, when he photographed the aftermath of the Sharpeville Massacre. His photographs helped bring international attention to the violence surrounding resistance to apartheid. He also photographed the 1956 women’s anti-pass march, the Rivonia Trial involving Nelson Mandela and other activists, and numerous other events that became part of South Africa’s historical record.
Magubane paid an enormous personal price for his work. In 1969, he was arrested while photographing protesters outside Pretoria Central Prison. He was subsequently held in solitary confinement for 586 days. After his release, the apartheid government placed him under a banning order that severely restricted his ability to work and move freely. Yet the restrictions did not convince him to abandon photography. Instead, they demonstrated just how powerful the authorities believed his photographs could be.
In 1976, Magubane documented the Soweto Uprising, when thousands of Black students protested against the apartheid government’s education policies. His photographs captured young people confronting police violence and became some of the most internationally recognized images of the uprising. Despite the danger, Magubane continued photographing what was happening around him. His work transformed individual moments of protest into permanent historical evidence that could not easily be erased.
His creativity was matched by his determination to get the picture. Because authorities restricted photographers and attempted to prevent journalists from documenting certain events, Magubane sometimes concealed his camera in unusual places, including a hollowed-out Bible, bread and other objects. These methods allowed him to continue working when openly carrying a camera could attract police attention. His photographs demonstrated that documentary photography sometimes requires not only technical ability but extraordinary courage and resourcefulness.
After Nelson Mandela was released from prison in 1990, Magubane entered another important chapter of his career. He became Mandela’s official photographer and documented the transition toward democracy, including significant moments surrounding South Africa’s first democratic election and the Truth and Reconciliation Commission. The photographer who had spent decades documenting resistance now had the opportunity to photograph a country moving toward a new political era.
Magubane’s legacy extends far beyond the individual photographs he made. He published numerous books, exhibited internationally and received major honors, including an honorary Doctor of Literature from the University of Cape Town in 2010. His photographs remain part of the historical record because they show not only the brutality of apartheid but also the humanity, resilience and determination of the people who lived through it.
Peter Magubane ultimately demonstrated the extraordinary power of photography. He understood that a photograph can preserve a moment long after the people who witnessed it are gone. His camera recorded injustice, resistance, suffering, courage and eventually freedom. For photographers today, his life offers an enduring lesson: photography is not simply about making beautiful pictures—it can also be about seeing clearly, standing close to history and making sure that important stories are never forgotten. Magubane’s photographs gave South Africa a visual memory, and his life’s work reminds every photographer that sometimes the most important picture is the one that history needs someone brave enough to make.
Based on reporting by The Positive Community.
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