Temporary injunction blocks $4 billion debt relief in Section 1005 of the American Rescue Plan East Point, GA — The Lawyers’ Committee for Civil Rights Under Law, Public Counsel, and pro bono counsel Winston & Strawn LLP, filed an intervention motion on behalf of the Federation of Southern Cooperatives/Land Assistance Fund (the Federation). The...
New Orleans, Baton Rouge Rank in Top Five of Cities Across Nation with Pay Day Lending Problem
As many Americans suffer financially through the lingering COVID-19 pandemic, it’s a good time to be a payday lender, particularly in the South, where cities have the highest numbers of payday loan storefronts in the U.S., and residents are doing a lot of complaining to the Consumer Financial Protection Bureau....
Urban League of Louisiana, Foundation for Louisiana Launch Statewide Black Business Works Fund to Support Black-owned Businesses Impacted by Hurricane Ida
The Urban League of Louisiana, in partnership with the Foundation for Louisiana, today announced the launch of the Black Business Works Fund, an initiative to assist Black-owned businesses impacted by Hurricane Ida. Urban League of Louisiana President & CEO Judy Reese Morse was joined by Marc H. Morial, president & CEO of...
U.S. Rep. Troy Carter Announces Bill to Forgive up to $50K in Student Loan Debt
WASHINGTON,DC - Today (Wednesday, Aug. 11), U.S. Rep Tro Carter announced his bill to forgive up to $50,000 in federal student loans for any and all federal borrowers. “It’s Congress’ job to improve the lives of the American people,” said Congressman Troy A. Carter Sr. “While some tragedies are out of...
Three Black Companies with Stylish Hair Bonnets that Would Make Mo’Nique Proud
Many women agreed with her while others did not. One of Mo’Nique’s supportive fans chimed in: ‘I get what you’re saying. This was a big thing in my family. From my Great-great-grandmother to my mother, they always made sure that they were presentable when they went outside. And they told...
Louisiana Economic Development is Looking for Small Business Owners to Participate in Program
Successful SEBD Roundtables provide peer learning for small businesses seeking next level Recruitment has opened for Louisiana Economic Development’s SEBD Roundtables for small business owners participating in Louisiana’s Small and Emerging Business Development Program. Beginning in July and August, the innovative peer-to-peer learning program will convene groups of 12 to...
Liberty Bank Receives A Major Investment From JPMorgan Chase
Liberty Bank recently received a $10 million investment from JPMorgan Chase & Co., as part of the firm's recently announced commitment to advancing racial equity. The investment will strengthen the independent, Black-owned bank, increase local lending and promote market expansion. "This infusion of capital will allow us to scale up...