Trump-Xi summit will not happen in March: Mnuchin

A summit to seal a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping will not happen at the end of March as previously discussed because more work is needed in U.S.-China negotiations, Treasury Secretary Steven Mnuchin said on Thursday.


Reuters: Business News

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Kamala Harris Addresses Criticism, Black Girl Magic, And More at Women of Power Summit

In a room packed with nearly 1,500 black women, Sen. Kamala Harris took the stage at the 2019 Women of Power Summit, opening up about her multicultural upbringing, run for president, and black girl magic during a fireside chat with media personality Star Jones. The Democratic senator walked out with a wide radiant smile and was greeted by a warm and excited audience as Shanice’s 1991 hit “I Love Your your Smile” befittingly played in the background.

Harris was one of several high profile speakers that headlined the BLACK ENTERPRISE Women of Power Summit, an annual three-day leadership conference designed for professional women of color. Others included Stacey Abrams, Valerie Jarret, Dallas Maverick CEO Cynt Marshall, Bishop Vashti Murphy McKenzie, and Chaka Khan, who was honored at the summit’s legacy awards gala.

During her session, which took place Friday morning at The Mirage in Las Vegas, Harris described herself as a “joyful warrior” and talked about her plan to reform the country should she win the White House next year. The underlying tone of her message was optimistic, yet realistic about the harsh realities the country faces. The two-term senator also kept it real about what it means to be a black woman.

Here are nine sistergirl moments Harris shared at the conference.

Kamala Harris

Sen. Kamala Harris and Star Jones at the Women of Power Summit (Black Enterprise)

An Ode To Howard University

Harris, who launched her presidential campaign on Dr. Martin Luther King Day, credited her success to two things: her family and education at Howard University.

“You’re in an environment that … tells you that you can be great and you will be given the resources and the expectation to achieve that, and the only thing standing in the way of your success will be you,” she said of her alma mater. “It teaches you as a young black woman or man that you don’t have to be limited by other people’s perceptions of who you are, that you come from great people, [and] stand on shoulders of those who came before us.”

The Power of Sisterhood

The California official talked about the support she gets as a member of Alpha Kappa Alpha Sorority, Inc. and recently seeing so many of her sorors during her visit to Howard University last week. That prompted the sorors in the room to erupt with skee-wees and raise their pinkies high.

“There is great power that comes with the sisterhood,” said Harris. “The word support undervalues the significance of it, but it is the thing that keeps you going. I would not have been able to accomplish what I have in my career and in my life without my actual sister and my chosen sisters. There is no way I’d be where I am today.”

Defying Expectation

Like many black women, Harris has been underrated and her competence has been questioned. “There have been moments where throughout my career people underestimated my ability to get something done,” she said.

Harris, who became the first black woman to serve as Attorney General in California and the second black woman to be elected as a U.S. Senator, added that people have also doubted her ability to win an elected office. “I’ve had the setback of attempting to run for office that nobody thought that we could win and all that comes with that.”

However, she used negative perceptions of herself as a source of motivation. “Good, underestimate me. I can work with that,” she said with defiance.

“Kamala Was POPO”

When asked about the criticism she has received about her record as a prosecutor in California, Harris said, “it’s a matter of mischaracterizing the purpose and the goal and the role.”

The former Attorney General was also candid about the scrutiny she faced from her family when she first decided to become a prosecutor. “My family looked at me like I was crazy,” she admitted. “With some of them, I had to defend the decision like one would a thesis.”

Nevertheless, she says she purposely ran for the position so she could reform the system from the inside. “I said ‘there has to be a role for us in the inside of the room where the decisions are made.’” For example, she pointed to the reentry program she created in 2004 as a District Attorney to help young men arrested for drug sales. Through the initiative, first-time non-violent offenders could have their records cleared if they obtained a GED, steady employment, took parenting classes, and passed drug tests.

Despite her intentions, Harris says she expects people to continue to slam her record. “People are going to say, ‘Kamala was popo,’” she laughed. “Somebody gotta be popo because there are some victims, and we do need to advocate for the victims,” added Jones — a former prosecutor, herself.

Being Misunderstood as a Black Woman

Harris knows firsthand how it feels to be misunderstood. A lot needs to be done so the world can understand “who black women are and understand the breadth and depth of who we are,” she said. She added, “there are so many who are unclear about it because they have not chosen to inform themselves.” However, to overcome the stigmas and stereotypes attached to black womanhood, Harris encouraged black women to not let other people’s expectation define them.

Black Girl Magic

When asked when she first recognized her own ‘Black Girl Magic,’ Harris said she feels it most when it’s reflected in other black women around her.

“When I see you, I feel it,” Harris told Jones. “When we see it in each other, I think that that’s when we see it. It’s not about one as an individual; it’s about us as a collective.”

Jones followed up asking Harris who would she use her ‘Black Girl Magic’ to make disappear. After a long pause, Harris finally answered, saying she would use it to eradicate poverty.

‘Isms’ Are Real

Black women know best the impact that “isms” have on disenfranchised communities. They are a constant and dreadful reminder of the systemic obstacles they face every single day. However, for far too long, society has tried to hide and downplay these institutionalized barriers.

“If Charlottesville didn’t make it clear, if the Tree of Life Synagogue [massacre] didn’t make it clear, racism, sexism, anti-Semitism, homophobia, [and] transphobia are real,” said Harris. “Let’s speak those truths so we can deal with it.”

Opening The Door

Harris announced that she hired a black woman to be the state director for her campaign in Iowa where the black population is a mere 3.2%. Nonetheless, Harris has confidence in her state director’s ability to organize residents on her behalf. “If you look at her skill set, and her experience, and her talent, and all that she contributes, she is one of the strongest state directors anyone will ever have in Iowa,” said Harris.

Praising Shirley Chisholm

Harris talked about standing on the shoulders of Shirley Chisholm, who became the first black woman to run for president in a major party in 1972: “I am inspired by her every day,” she said.

Watch Sen. Harris’s full fireside chat with Star Jones below.



The post Kamala Harris Addresses Criticism, Black Girl Magic, And More at Women of Power Summit appeared first on Black Enterprise.

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Rev. Jesse Jackson and Black Leaders Discuss The Wealth Gap at the Wall Street Project Economic Summit

The Rainbow PUSH Coalition and Citizenship Education Fund’s 22nd Annual Wall Street Project Economic Summit kicked off with a bang on Wednesday, with moving speeches and remarks from a host of dynamic leaders. Rev. Jesse Jackson Sr., the founder of the Rainbow PUSH Wall Street Project, opened the three-day conference by addressing this year’s conference theme, “400 Years Later: Closing the Wealth Gap, Expanding Opportunity.” Although slavery was abolished 150 years ago, a stark disparity in wealth between black and white households continues to persist.

“African Americans have journeyed through four stages of a 400-year struggle,” said the civil rights leader. “Stage one – ending slavery after 246 years in bondage; Stage two – ending the Jim Crow era with its mass lynchings and terror campaigns; Stage three – securing the right to vote; and currently, Stage four – securing access to capital, industry, technology and deal flow in the U.S. economy.”

Closing The Gap

Day one of the summit commenced with the “400 Year Journey Roundtable” discussion, where Jackson was joined by Dr. Johnnetta Betsch Coles, Ph.D., the president of the National Council of Negro Women, and Dr. Ron Daniels, Ph.D., the president of the Institute of the Black World 21st Century, for a conversation on the progress of black Americans since Africans were first brought to the country as slaves.

racial wealth gap

Eugene Mitchell, Marc Morial, and Rev. Jesse Jackson (Photo credit: Gerald Peart)

After that session, Marc H. Morial, the president and CEO of the National Urban League, opened the “Wealth Gap Panel” with a brief history lesson on the origins of the wealth gap, which is rooted in U.S. laws and policies that created systemic barriers that prevented people of color from accumulating wealth. Morial went on to address the controversy around the #ADOS movement, a fringe group that stands for American Descendants of Slaves and advocates for reparations and reform policies that solely benefit African Americans. Some critics reportedly believe that Russian trolls have infiltrated the group and are using their philosophy to cause division among black voters.

“The internet is being used as a tool of manipulation,” Morial cautioned. “Our ability to impact the racial wealth gap depends on our ability to exercise and maximize our political power. We need to maximize our political power if we are going to address the racial gap.”

Wall Street Project Economic Summit

Alfred Edmond, Jr., SVP, Executive Editor-At-Large at Black Enterprise (Photo credit: Gerald Peart)

Morial’s comments were followed by a panel discussion between BLACK ENTERPRISE’s SVP/ Executive Editor-at-Large Alfred A. Edmond Jr. and Eugene Mitchell, the founder of the E. Mitchell Consulting Group and the author of The 7 Untold Rules for Creating Black Wealth: Let’s Come Together and Close the Wealth Gap!, moderated by Janice L. Mathis, the executive director of the National Council of Negro Women. Each panelist discussed tangible solutions to close the gap.

“Spend less than you make—whatever you make—and bank the difference,” said Edmond. “We must get into a situation where we are incrementally and steadily accumulating assets in the form of savings. And right now, when we make more money, we spend more money.”

Edmond, the host of the “Your Money, Your Life” personal finance podcast, also stressed the importance of using debt with the purpose of driving wealth. “We need to create wealth out of any career. Your net worth is what you own minus what you owe. Debt is only good if you are going to take that resource to make more money.”

Mitchell, a former corporate vice president at New York Life Insurance Co., discussed the importance of life insurance and estate planning as vehicles to create generational wealth in the black community. “We’re not doing what it takes to create wealth, to keep wealth, and to sustain wealth in the way of having proper estate planning,” he said.

Mathis also emphasized the intersection between political power and economic strength in the black community. “If we’re going to defeat these wealth gaps, we will do it by using the power of our votes because these systems are entrenched like barnacles onto capitalism that needs to be moderated by democratic principles and ideals.”

Other notable speakers scheduled to appear at the conference include Rep. Maxine Waters, Susan L. Taylor, Rev. Al Sharpton, hip-hop mogul Percy “Master P” Miller, and John W. Rogers Jr., CEO of Ariel Investments.

The post Rev. Jesse Jackson and Black Leaders Discuss The Wealth Gap at the Wall Street Project Economic Summit appeared first on Black Enterprise.

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Reuters: Politics

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http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News

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