NC Targets DEI. Trump Blocks Housing Bill. Minority Banks Face New Rules. Kohen Wiley Protests
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Summary
Takeaways
- ❖The Trump administration's redefinition of 'Minority Depository Institutions' (MDI) allows non-minorities to qualify, diluting the status and making it harder for actual Black-owned banks to grow and access capital.
- ❖Senator Ted Cruz's proposed NCAA bill is seen as an attempt to roll back Name, Image, and Likeness (NIL) rights for college athletes, particularly impacting Black athletes who are finally gaining economic leverage.
- ❖The term 'student-athlete' was originally coined by the NCAA's lawyer to deny workers' compensation to a deceased player's family, highlighting a history of exploitation.
- ❖The Trump administration is refusing to spend billions in congressionally allocated foreign aid, impacting critical programs like PEPFAR and leading to starvation and disease in vulnerable global communities.
- ❖The Postmaster General's proposal to withhold mail-in ballots from states not sharing voter lists is viewed as a federal attempt to control state elections and suppress votes.
- ❖Trump blocked a bipartisan housing bill to pressure Congress into passing his 'Save Act,' a voter suppression bill that critics label as a modern Jim Crow law.
Insights
1Dilution of Minority-Owned Bank Status
The Trump administration changed the definition of a Minority Depository Institution (MDI) to allow banks to qualify if 51% or more of ownership is held by someone from a 'socially or economically disadvantaged group,' rather than specifically by racial minorities. The National Bankers Association argues this dilutes the MDI status, making it harder for genuinely minority-owned banks to qualify and access crucial support, thereby attacking Black economic infrastructure and access to capital.
Nicole Elim, President/CEO of the National Bankers Association, states this replaces a 30-year-old clear standard and opens 'floodgates' for non-minorities, creating a 'chilling effect' on new and existing Black banks. Roland Martin cites a decrease in federal contracts and SBA lending to Black businesses under Trump, contrasting it with growth under Biden-Harris.
2NCAA NIL Reforms as an Attack on Athlete Rights
Senator Ted Cruz's proposed bill to regulate Name, Image, and Likeness (NIL) deals for college athletes is framed as a direct attempt to curb player paydays and leverage. The bill seeks to reduce the share of athletic revenue going to athletes from 50% to 20% and grants the NCAA antitrust liability exemptions without guaranteeing employee status or union rights for athletes. This is seen as bailing out the NCAA for decades of exploitation.
Demar Smith, former Executive Director of the NFL Players Association, explains the Cruz-Cantwell Act revives parts of the defunct SCORE Act. He highlights that the bill gives the NCAA more power than professional leagues without corresponding player protections, and criticizes the continued use of 'student-athlete,' a term originally created to deny workers' compensation.
3Trump Administration Defying Congress on Foreign Aid
The Trump administration is refusing to spend billions of dollars in foreign aid that Congress has already allocated and authorized. This action is described as a 'huge grab of power' and a 'remarkable infringement on Congress's authority over federal spending,' effectively undermining the constitutional 'power of the purse.'
ProPublica reporter Anna Maria Barry-Jester details how the administration, particularly through OMB Director Russell Vought, has labeled funds 'unallocated' or is spending them very slowly. This has directly impacted programs like PEPFAR (HIV/AIDS relief in Africa), leading to reduced rations in refugee camps in Kenya and a resurgence of cholera in South Sudan, causing thousands of deaths.
4Weaponization of Mail-in Voting and Housing Bill
The Postmaster General, David Steiner, proposed that the Postal Service would not deliver mail-in ballots to states that refuse to share their voter lists with the federal government. This is seen as a coercive tactic by the Trump administration to gain control over state-level voter information and suppress voting. Concurrently, Trump blocked a widely supported bipartisan housing bill to force Congress to pass his 'Save Act,' a voter suppression bill.
A clip of Postmaster General David Steiner confirms the proposal, stating, 'Under our proposed regulation, no. We would tell the state that we need the manifest.' Robert Patillo and Jalanda Jones argue the 'Save Act' is a 'Jim Crow law' designed to suppress votes, particularly impacting women, military, disabled, senior citizens, and college students due to stringent ID and name-matching requirements.
5Protests and Boycotts for Justice in Mississippi
Following the death of one-year-old Kohen Wiley, who was shot and killed in Centopia, Mississippi, community activists are organizing protests and a boycott of Walmart. The protests demand accountability from the Centopia Police Department, which has a history of brutalizing Black residents, and from Walmart, which called the police leading to the incident.
Markeel Bridges, founder of Building Bridges Coalition, details the police's history of brutality, including tasing an elderly Black woman and arresting Black children for minor infractions. He states the boycott has successfully shut down the Walmart three times, costing the store $200,000-$300,000 per shutdown, and calls for creating Black-owned store chains to reduce dependence on hostile businesses.
Lessons
- Actively participate in state and local elections to prevent Republican supermajorities, which enable the passage of anti-Black legislation and policies.
- Support Black-owned media and community organizations to counter misinformation and ensure vital stories and perspectives are amplified.
- Pressure Democratic candidates and parties to invest directly in Black communities and prioritize policies that address Black issues, rather than assuming their vote.
Quotes
"When you attack people's ability to have access to capital, you attack their ability to build wealth. And when you come after black banks, you are coming after communities access to capital."
"Those organizations, the FBA organizations are almost all co-intelpro. If you look at where their money comes from, they do not come from black organizations and black people."
"It took 25 years to allow a person to be compensated for their name, image, or likeness. Let that sink in just for a second. 20 years of litigation over whether someone can use the innate characteristics of a human and not allow you to make money off of it."
"That term [student-athlete] came from a man named Ray Dennison and his family who Ry died on a football field. His wife gets death benefits under workers comp. The precursor of the NCAA rides in they sue the wife. They sue the three kids. Why? Because paying for benefits and paying for health care is not the NCAA model."
"The Save America Act is a Jim Crow law. The reason we know it's a Jim Crow law is I have a stack of Jim Crow laws I keep next to my desk just so I have literacy test and uh and those sorts of things to know what it is. So if you support the Save America Act, you support Jim Crow."
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