Why a group of Commerce City teachers spent a day asking parents how they could do their jobs better
Why a group of Commerce City teachers spent a day asking parents how they could do their jobs better
COMMERCE CITY — On a recent Saturday morning, about a dozen teachers from the Adams 14 School District walked through a trailer park asking parents how they could do their jobs better.
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COMMERCE CITY — On a recent Saturday morning, about a dozen teachers from the Adams 14 School District walked through a trailer park asking parents how they could do their jobs better.
Christina Zavala, a parent of three students, had a list. At the top: stop the rampant bullying and pay more attention to her son, who has a learning disability.
“In my experience,” she said, “it doesn’t really feel like the teachers care.”
The cadre of teachers hope what they heard — good or bad — can help reshape their schools to better meet the needs of the mostly poor and Latino families that call Commerce City home. The teachers are advocating for a “community school model,” which in part calls for more partnerships with nonprofit groups to help curb the effects of poverty on the classroom.
“The only way we can make a difference with the families in our district is if we get involved,” said Barb McDowell, the Adams 14 teachers union president. “There are a lot of disenfranchised people. We’re not talking to the community.”
Relations between the Commerce City community and the 7,000-student school district have long been strained. Voters consistently have rejected pleas to increase local taxes to repair or replace aging schools and support educational programs. And in 2014, the U.S. Department of Education found the district had discriminated against Hispanic students and teachers.
The district’s response included more culturally responsive training for teachers and the creation of a committee of students to regularly talk about race issues.
Facing state sanctions for chronic poor performance on state English and math tests, the Adams 14 school district, just north of Denver, is overhauling many of its schools. The teachers union believes this provides an opening to put into practice some of the elements of the community school model. Schools are still finalizing their innovation plans, which are expected to be made public later this fall.
Teachers across Colorado are engaged in similar work. It’s all part of a statewide campaign organized by the Colorado Education Association, the state’s largest teachers union, called “The Schools Our Kids Deserve.”
The community school model can be traced back to the 1880s. Modern-day community schools have popped up in Chicago, Baltimore and Lincoln, Neb. Perhaps the most famous community school model is the Harlem Children’s Zone in New York City.
In Colorado, the Edgewater Collective in Jefferson County and Blocks of Hope in neighboring Westminster Public Schools are two efforts to create something like a community school.
While supporters of the community schools model have long said that no two community schools should look the same because the needs of communities vary, there is a growing effort to identify common themes that apply everywhere, said Reuben Jacobson, deputy director for the Coalition of Community Schools.
The Colorado teachers union, working with the Alliance to Reclaim our Schools and the Center For Popular Democracy, has created its own list which includes strong and proven curriculum, community support services, and positive discipline practices.
Community engagement, like the work the teachers in Adams 14 are doing, is also a must.
Trish Ramsey, a teacher at Adams City Middle School, put it simply: “This is the first step to rebuild trust.”
By Nicholas Garcia
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Another retailer pulls plug on on-call scheduling
"Following discussions with my office, L Brands' (LB) subsidiary Bath & Body Works has agreed to end on-call shifts for...
"Following discussions with my office, L Brands' (LB) subsidiary Bath & Body Works has agreed to end on-call shifts for employees in all U.S. stores next month," New York Attorney General Eric Schneiderman said Wednesday in a statement.
The agreement comes after the Columbus, Ohio-based retailer made the same moves at youth-focused retailer Abercrombie & Fitch (ANF) and underwear purveyor Victoria's Secret.
L Brands, which operates nearly 1,600 Bath & Body Works stores in the United States, declined to comment. A company source, however, said the company is phasing out on-call scheduling.
The company's move drew limited praise from one group advocating for workers, which said the change, while positive, still leaves troublesome policies in place.
"Since July, they have been relying on shift extensions at Victoria's Secret, which are on-call shifts by another name," Erin Hurley, an organizer for Rise Up Georgia in Atlanta, a partner of the Fair Workweek Initiative at the Center for Popular Democracy. "While we celebrate the step forward, we call on L Brands to take a definitive step toward a fair workweek by giving workers shifts with definite start and end times, and enough hours to support their families," added Hurley, a former Bath & Body Works employee.
Schneiderman in August said Gap (GPS) would this month end its policy of requiring workers to remain on-call for short-notice shifts after his office launched an inquiry, requesting information about scheduling practices from 13 retailers, including Gap, Abercrombie & Fitch and Bath & Body Works.
At the time, the attorney general said his office had received reports of more employers setting shifts the night before or even just a few hours in advance. The practice left workers with little time to arrange for childcare or work other jobs.
In New York, if workers shows up for a shift that they end up not being needed for, they're legally entitled to four hours of pay. Schneiderman's investigation delved into possible violations of that law.
"Employees deserve stable and reliable work schedules to adequately plan for childcare, transportation and other basic needs," Schneiderman said, adding that his inquiry had yielded "positive results for tens of thousands of workers."
Roughly a dozen states and a few municipalities have passed legislation addressing on-call scheduling, and a bill, the Schedules That Work Act, was reintroduced on Capitol Hill in July, with Sen. Elizabeth Warren, D-Massachusetts, among the sponsors.
"You can't win what you don't fight for," Warren told a news conference in acknowledging that the bill stood little chance of being enacted by the Republican-led Congress.
Source: CBS News
Gillibrand Has Received Big Campaign Donations from Puerto Rico Bondholders
Gillibrand Has Received Big Campaign Donations from Puerto Rico Bondholders
“Politicians that receive money from hedge fund managers like Seth Klarman and Dan Loeb should understand that their money is coming from people who have pushed austerity and privatization as the...
“Politicians that receive money from hedge fund managers like Seth Klarman and Dan Loeb should understand that their money is coming from people who have pushed austerity and privatization as the solution to Puerto Rico’s humanitarian crisis,” Julio Lopez Varona, co-director of the Community Dignity Campaign with the Center for Popular Democracy, told Sludge. “This solution has proven to help the rich get richer and the poor get poorer while pushing hundreds of thousands to leave the island.”
Read the full article here.
Advocates Rally to Eliminate ‘Sub-Minimum Wage'
Brooklyn Daily Eagle - October 23, 2014, by Matthew Taub - Hundreds of tipped and low-wage workers and advocates, including fast food, car wash and other low-wage workers, rallied...
Brooklyn Daily Eagle - October 23, 2014, by Matthew Taub - Hundreds of tipped and low-wage workers and advocates, including fast food, car wash and other low-wage workers, rallied outside a Domino’s Pizza location in Harlem before marching to the second public hearing of Gov. Andrew Cuomo’s Wage Board, where they testified and called on the Wage Board to eliminate the sub-minimum wage for the 229,000 tipped workers in New York state.
“In an increasingly unaffordable city, tipped workers remain among the lowest-paid hourly workers,” said New York City Public Advocate Letitia James, who joined the workers at the rally and wage board hearing. “An hourly wage of $5 an hour is simply not sustainable for an individual or a family. Now is the time to ensure that low-wage workers receive a fair and sustainable income. I join the many voices today calling on Gov. Cuomo to help bring fair wages to these industries.”
Employers in New York are allowed to pay less than the minimum wage — just $5 an hour — to restaurant servers, delivery workers and other service workers. Employers are legally required to “top off” a tipped worker’s pay when it falls short of the regular minimum wage, but lax enforcement enables employers to routinely violate minimum wage, overtime and other wage and hour laws with minimal repercussion.
“We work very hard and deserve a raise, just like other minimum wage workers in this state,” said Juana Tenesaca, a tipped worker and member of Make the Road New York. “I have worked as a waitress for years, earning the tipped minimum wage, and it’s impossible to raise my children never knowing how much money I’ll bring home at the end of the day. My daughter had to get a job while she was still in high school to help support our family and that breaks my heart.”
A July report by the National Employment Law Project finds that eliminating the sub-minimum wage would benefit an estimated 229,000 tipped workers in New York.
“Tipped workers are employed in industries like hospitality that are among the fastest growing in today’s economy,” said Tsedeye Gebreselassie, senior staff attorney at the National Employment Law Project. “If we want to stimulate consumer spending and boost our local economies, we need to make sure that the growing number of New Yorkers relying on these jobs actually have money to spend on basic necessities at their neighborhood stores.”
“Having to live entirely off tips means the customer is always right, which means I’ve had to put up with unwanted advances and uncomfortable situations from guests,” said Ashley Ogogor, a tipped worker and member of Restaurant Opportunities Center-United. “The guest shouldn’t have to feel pressured at the end of the night to pay me a decent wage. If seven other states can require restaurant owners to pay their employees a full minimum wage, so can New York.”
As part of last year’s legislative deal to increase New York’s minimum wage to $9 an hour by Dec. 31, 2015, the sub-minimum wage for tipped workers was set to automatically rise in proportion to the full minimum wage whenever the latter is raised with one exception: workers in the hospitality industry. The final deal froze these workers’ wages at $5 an hour and instructed Gov. Cuomo’s Department of Labor to convene a “wage board” to determine whether these workers will get a raise, and if so, by how much.
“We call on Gov. Cuomo and the wage board to do whatever it takes to lift up working families in the Empire State,” said Tony Perlstein, campaigns co-director for the Center for Popular Democracy. “Wealthy restaurant employers shouldn’t receive special treatment that allows them to pay poverty wages to working New Yorkers, including the women who make up more than two-thirds of the tipped wage workforce. Seven states have already eliminated their sub-minimum wages, and more are seriously considering it. Their restaurant sectors are not suffering for it, and in fact are thriving.”
The wage board, consisting of Timothy Grippen, Retired Broome county executive; Heather C. Briccetti, president and CEO of the Business Council; and Peter Ward, president of the New York Hotel Trade Council, heard hours of testimony detailing how New York’s tipped subminimum wage fuels unstable paychecks and poverty for thousands of workers, particularly women, across the state.
“People want to work hard at a place where they feel valued,” said Amado Rosa, a tipped worker at a Thai restaurant and a member of Make the Road New York. “Being paid $4 or $5 an hour does not make a worker feel validated and does not generate enough income to support a single person or a family. I have faced many hardships over the years, and my anxiety stemmed from not knowing what my take-home pay would be in a given week.”
The poverty rate among New York’s tipped workers is more than double that of the regular workforce. Seven states across the country have adopted policies requiring employers to pay tipped workers the full minimum wage and have shown that eliminating the sub-minimum wage reduces poverty without slowing job growth. In fact, according to projections by the National Restaurant Association in their 2014 Industry Forecast, all of the states that require employers to directly pay the full minimum wage to tipped workers are expected to have greater restaurant job growth than New York in the next decade — in most cases, much greater. Tipped workers are already being paid $9 or more in California, Washington and Oregon, and will soon be getting raises to over $9 in Minnesota, Hawaii and Alaska.
“More than 3 million New Yorkers work low-wage jobs, and they need our state government officials on their side,” said Michael Kink of the Strong Economy for All Coalition. “New York needs a one-two punch for good jobs: a big increase in the minimum wage, and elimination of the second-class sub-minimum wage for tipped workers. This combination could boost the paychecks of millions of workers and help revive the New York economy from the ground up — the Wage Board should take direct action to provide one fair wage to a quarter-million tipped workers to get us moving now.”
Advocates who testified at today’s hearing are members of Raise Up NY, fighting for #1FairWage, a coalition comprised of tipped workers, the National Employment Law Project, Make the Road New York, the Center for Popular Democracy, Fast Food Forward, New York Labor-Religion Coalition, New York Communities for Change, ROC-NY, ROC-NY affiliate of Restaurant Opportunities Centers (ROC) United, Strong for All, United New York, Citizen Action New York, Tompkins County Workers Center, Worker Center of Central New York, Metro Justice, Coalition for Economic Justice, Alliance of Communities Transforming Syracuse (ACTS) and other community groups and advocates around New York State calling for the elimination of New York’s sub-minimum wage for tipped workers.
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Bushwick Residents Rally at City Hall to Decry Deadlock on Immigration Reform
Bushwick Residents Rally at City Hall to Decry Deadlock on Immigration Reform
“Today we suffer, in November we vote,” dozens of protesters chanted in front of City Hall this afternoon. Some 40 people gathered to express dismay over yesterday’s Supreme Court deadlock over...
“Today we suffer, in November we vote,” dozens of protesters chanted in front of City Hall this afternoon. Some 40 people gathered to express dismay over yesterday’s Supreme Court deadlock over President Obama’s immigration plan, which would have given undocumented immigrants protection from deportation and the possibility to work in the United States. The rally was organized by the Bushwick chapter of Make the Road New York, a non-profit dedicated to representing the city’s Latino and immigrant communities.
President Obama’s executive action would have shielded over 5 million from deportation by introducing The Deferred Action for Parents of Americans and Lawful Permanent Residents (DAPA), which would have allowed the undocumented parents of American-born children to apply for work permits, and expanding the Deferred Action for Childhood Arrivals (DACA), which would have protected those who arrived in the U.S. before the age of 16 and stayed at least five years. For many participating in today’s rally, these measures would have been key to achieving a more secure legal status in the country. Many of those protesting were beneficiaries of DACA, and had hoped for the passing of DAPA to reunite families or keep them together.
Catalina Benitez, an immigrant from Mexico and a member of Make the Road, has been in the United States for over 20 years. She was attending the rally with her two-year-old son, Daniel, and said the Supreme Court’s deadlock came as a “great disappointment” to many.
“We were hoping that we’d be given more options.” Benitez said in Spanish of Obama’s plan, and the limbo that’s left in the wake of the Supreme Court’s 4-4 tie. Benitez’s son, as well as her five-year-old daughter, have benefitted from DACA, but the aborted expansion of the plan has many families worried about their future.
Benitez, who lives in Williamsburg, isn’t eligible to vote in the upcoming presidential election, but she hopes that the rally will raise awareness and encourage people who can vote to support immigrant rights. “The citizens who can vote should vote for Hillary Clinton,” she said.
Petra Luna, a Bushwick volunteer who helps Make the Road with press statements, event organizations, and community outreach, expressed a similar disappointment in the SCOTUS deadlock. “Immigrants are a significant community in this country,” she said in Spanish. “We’ve helped raise the economy, and we have a life here.”
Luna said that Make the Road organized this rally to show U.S. politicians that they want their voice to be heard. “We want the deportations to stop, and we want to incentivize people to vote in November,” she emphasized. “We are all hoping for an opportunity, and we want to encourage those people who do have the vote to represent us.”
Other organizations present at the rally were the New York Civil Liberties Union, the Minkwon Center for Community Action, the New York Working Families Party, United We Dream, and the Center for Popular Democracy, to name a few. Individuals would periodically get in front of the crowd with a megaphone and speak of their frustrations with the gridlocked immigration reform.
“I’m angry, I’m fed up with the system,” Jung Rae Jang, a DACA beneficiary with the Minkwon Center, told the crowd. “We need to get the immigrant community to come together against this.”
Daniel Altschuler, the press representative for Make the Road, said that the majority of those in attendance at the rally today were from Bushwick, but immigrants living in Staten Island and Jackson Heights, Queens, were also well-represented. According to the organization’s website, over 35 percent of households in Bushwick are made up of foreign-born immigrants, three quarters of whom are from Latin America. A significant number of those immigrants are undocumented.
Luna expressed hope that, come November, people will decide to vote in favor of supporting immigrant communities. “We’re all going to the same heaven,” she reflected. But in the meantime, she said she’ll keep fighting to represent immigrant rights, and hopes people with electoral power in this country will do the same.
“I’m willing to give this everything I’ve got,” she said resolutely.
By LUISA ROLLENHAGEN
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At Least 32 Arrested During May Day Rally in New York City
At Least 32 Arrested During May Day Rally in New York City
To the wide range of advocates for an ever widening group of causes, this May Day was instead about unified resistance.
Read full article here.
Poor Immigrants Get Free Legal Defense in New York City Program
NBC News - June 25, 2014, by Kat Aaron and Seth Freed Wessler - Leroy Samuels walked into the Varick Street immigration court in lower Manhattan, his wrists handcuffed and attached to a chain...
NBC News - June 25, 2014, by Kat Aaron and Seth Freed Wessler - Leroy Samuels walked into the Varick Street immigration court in lower Manhattan, his wrists handcuffed and attached to a chain around his waist. “My heart is beating,” Samuels’ older sister Anneisha said from a courtroom bench as her father beside her, his head in his hands to hide tears. Samuels, dressed in an orange jumpsuit, nodded at his family and lowered his eyes.
Three days earlier, the 24-year-old had been in a New Jersey detention center preparing to appear at his first hearing alone. Immigrants facing deportation, like Samuels, aren’t eligible for court-appointed attorneys. And like most immigrants in his position, he couldn’t afford one on his own
“I found some lawyers online, but they asked for $4,000,” Anneisha said. “I just hung up.”
Without legal defense, Samuels was sure he’d be deported to Jamaica, the country where he was born but has not been for nearly 15 years since his father brought him to the U.S.
But Samuels arrived in court that December morning with an attorney anyway. He is one of 190 people facing deportation from New York City who have been provided a free lawyer through the Family Unity Program, a city council-funded pilot initiative that provides for two public defenders’ offices to hire lawyers to represent poor immigrants in detention. It's the first program of its kind in the country. Now city lawmakers are poised to expand it almost ten-fold, making New York City the first municipality to provide legal defense to all detained indigent residents facing deportation.
“Justice shouldn't depend on the income level of anyone,” says Judge Robert Katzmann, Chief Judge of the U.S. Court of Appeals for the Second Circuit, who convened a multi-year study group from which the pilot emerged. “I think that the project will create momentum for greater support for providing counsel for people facing deportation.”
A number of other cities, including Boston and Chicago, are exploring similar programs. And this year, Alameda County, California, which includes the cities of Oakland, Fremont and Berkeley, started a program that approaches New York’s.
“This is part of a trend,” says Raha Jorjani, the immigration attorney hired by Alameda County. “Public defenders are saying that until Congress acts to provide legal defense for immigrants in deportation proceedings, we at the county level have to do our part to mitigate harm to clients.
In recent years, more immigrants have found themselves in court as the U.S. government has deported and detained nearly 400,000 each year. Though not all people facing deportation are detained, those who get locked up, either because they were previously charged with a crime or entered the country without papers, are less likely to have an attorney to represent them and more likely to be deported. The two biggest factors in successfully resolving a case are having a lawyer and being free during the trial, according to a report by Katzmann’s group.
Preliminary data on the New York City pilot, which comes to a close on June 30th, shows that of 190 detainees, almost half have been released or have a legal case to argue for release. Some may still be deported but can now fight from outside prison.
Providing these immigrants with legal defense, Katzmann says, creates both fairness and efficiency, saving county and federal governments money they’d otherwise spend locking people up. “It's a benefit to the judge, it’s a benefit to the government and to the non-citizen. It's really an example of how the government process can be made better.”
For Samuels, the road to immigration court started with legal trouble in 2010. He’d been without a place to stay and was sleeping on a friend’s couch. The friend, Samuels says, asked him to hold onto a package of drugs. Samuels says police officers arrived at the apartment and arrested him. He pleaded guilty and was convicted of criminal possession of a controlled substance and sentenced to time-served, six days in jail.
Samuels and his family say he quickly straightened his life. He found a steady job at a pharmacy, stopped hanging with friends who sold drugs and made sure to see his son, who lived with his ex-girlfriend, at least twice a week. A year passed and then two. He thought the criminal case was behind him.
Then at around 8:30 one morning last December, as he walked home to his Brooklyn apartment after working the night shift, he was stopped on the street and arrested by federal immigration agents. He was placed in detention in New Jersey, facing deportation. Immigration attorneys say it’s not uncommon for officials to detain immigrants long after an arrest.
“I never really thought about being deported,” Samuels said this winter from behind glass in the visitation room at the Hudson County, New Jersey, detention center. “I had a good job. I had visits with my son. I was on my way,” Samuels said. He’d hoped to enroll in culinary school, but from detention, he saw his plans evaporating. And his live-in girlfriend was pregnant and due in May. “What if I’m not there?” he said.
“The first time that I visited my brother at Hudson,” Anneisha Samuels says, “I didn’t know what to do. It’s not like when people are arrested, regular arrested, and they get a lawyer.”
Anneisha had recently lost her job as a home health aide. Their father was between jobs, too.
The next day, Anneisha received a call from Talia Peleg of Brooklyn Defenders Services, one of three attorneys from her office working on the immigrant defense pilot program. (The Bronx Defenders office employs three others.) Peleg bore good news: She would represent Leroy in court free of charge.
“An attorney knows how to talk the talk and walk the walk,” Peleg explained recently. “And to translate these complex immigration issues into a narrative that makes sense to the court,” without a lawyer, “I don’t know if that would be possible.”
The program attorneys say their representation by no means guarantees that their clients will stay in the U.S. For people with many criminal convictions, there’s no viable legal argument to stay. Many of these people are subject to what's known as mandatory detention. For them, fighting to remain in America can mean months or even years in detention while their case winds through the system. Some opt to leave.
Diego Garcia, originally from Guerrero, Mexico, picked up several misdemeanor and disorderly conduct charges in New York. He was fired from a catering job and was drinking heavily.
Eventually, those arrests led to deportation proceedings. He landed in the Hudson County detention center, and then at the Varick Street Immigration Court, where he, too, met Peleg. He was so eager to get out of prison that he told her he just wanted to be deported, but she encouraged him to sit through a 35-minute intake questionnaire to see what his options might be.
It turned out Garcia was eligible for a U visa, a special visa for victims of crime–in his case, witness tampering. The catering company he’d worked for had paid him and others far less than minimum wage, according to the Department of Labor. Garcia’s lawyers say his employer then pressured him to lie to federal investigators who were at the time looking into workplace violations.
Garcia was thrilled to hear there was a possible path to staying in America.
Peleg explained that the visa—if it came through—would take months, and he'd have to stay at Hudson while they fought. Rather than wait in jail, Garcia accepted the removal order, and went back to Mexico. “I wanted to be free,” he said recently by phone from Mexico City, “and fight from there.”
“It's very hard to be incarcerated, waiting,” Garcia said “When you're there, you feel confused, fearful.”
Peleg and Garcia are in regular contact as she pursues his U visa. And he has some money to help him get through the wait. When Peleg contacted the Department of Labor, which had repeatedly fined the catering company, officials said they had more than $3,000 in back wages for Garcia.
According to New York City Councilwoman Julissa Ferreras, who represents several heavily immigrant communities in Queens, before the pilot project, she heard from families who spent thousands of dollars on immigration lawyers. “Often times it was money that these families didn't have,” she said. But no one was beating down her door demanding publicly-funded lawyers, she said. “My constituency didn't even know that that's what they needed to cry out for.”
Now, that’s changed. The families she talks to are getting help from attorneys whose sole focus is on immigration defense. “We're raising the level of justice,” Ferreras said.
The final draft of the budget, released by the city council Tuesday night, allocates $4.9 million to expand the program. Now, all poor New Yorkers facing deportation, both at Varick Street and nearby immigration courts in New Jersey, will be appointed an attorney.
Ultimately, the goal of the project’s advocates is to provide counsel for all migrants facing deportation in New York State, which would cost $7.4 million, said Peter Markowitz, who runs the immigration legal clinic at Cardozo School of Law, which has helped lead advocacy for the pilot program.
That price tag would be offset by savings for the state, which would spend less on health care and foster care for children whose parents are deported, according to a study by the Center for Popular Democracy, another group supporting the program. The private sector would benefit, too; New York State employers now lose an estimated $9.1 million dollars in turnover costs to replace detained and deported workers, the study found.
Nationally, it would cost just over $200 million to give a lawyer to every indigent immigrant facing deportation, according to one recent study. The federal government would save close to $175 million in detention costs, the study found.
In April, Leroy Samuels appeared in in the Varick Street court again. He walked through the doors in cuffs, and his sister and father sat in the same spot. His attorney had already made a deal with the federal government’s lawyer: Samuels would be granted release. After a short hearing, the judge warned Leroy not to get into any more trouble, and then told the now-25-year old that he could leave. In the courthouse cafeteria Samuels embraced his father and sister and thanked his attorneys.
Samuels’ return has been difficult. He says that he hasn’t been able to get his job back—his former boss told him the company isn’t hiring.
But weeks ago, his girlfriend gave birth to their son. The day he was released, Samuels said, “I feel like I got a fresh start because of these lawyers.”
Source.
Toys ‘R’ Us Promotes Nostalgic Selfies While Employee Unrest Boils
Toys ‘R’ Us Promotes Nostalgic Selfies While Employee Unrest Boils
“There are thousands and thousands of retail employees now working at companies owned by Wall Street and private equity firms, and this kind of financial instability in the sector makes it hard...
“There are thousands and thousands of retail employees now working at companies owned by Wall Street and private equity firms, and this kind of financial instability in the sector makes it hard for workers to have sustainable careers,’’ said Carrie Gleason, a director at the Center for Popular Democracy, which is working on the campaign along with Organization United for Respect. “We’re organizing to ensure there’s some accountability for owners who aren’t necessarily running the businesses in good faith."
Read the full article here.
Dream Come True
Dream Come True
Alyssa Milano and Ady Barkan attend the Los Angeles Supports a Dream Act Now! protest on Wednesday.
Alyssa Milano and Ady Barkan attend the Los Angeles Supports a Dream Act Now! protest on Wednesday.
See the photo here.
Democratic Lawmakers Say Fed Should Increase Its Diversity
Democratic Lawmakers Say Fed Should Increase Its Diversity
The predominantly white male composition of Federal Reserve leadership is facing criticism from Democratic elected officials who believe the institution doesn’t adequately reflect the demographics...
The predominantly white male composition of Federal Reserve leadership is facing criticism from Democratic elected officials who believe the institution doesn’t adequately reflect the demographics of the nation it is meant to serve.
The legislators said in a letter to Federal Reserve Chairwoman Janet Yellen on Thursday that central bank leaders also are drawn too frequently from business and financial backgrounds. The letter to Ms. Yellen received support from the leading Democratic candidate for the White House, Hillary Clinton.
Eleven senators and 116 members of the House of Representatives signed the letter, which was organized by Sen. Elizabeth Warren of Massachusetts and Rep. John Conyers Jr. of Michigan. No Republicans participated, although they were given the opportunity to do so.
“Given the critical linkage between monetary policy and the experiences of hardworking Americans, the importance of ensuring that such positions are filled by persons that reflect and represent the interests of our diverse country, cannot be understated,” the letter said. “When the voices of women, African-Americans, Latinos, and representatives of consumers and labor are excluded from key discussions, their interests are too often neglected.”
While the Fed has made “some progress” on diversity issues, the central bank has “considerable work to do” to comply with its legal mandate to represent the interests and diversity of the American people, the letter said.
The Fed said in a statement that it “is committed to fostering diversity—by race, ethnicity, gender, and professional background—within its leadership ranks.” It added that when it comes to the members of the regional boards, “by law, we consider the interests of agriculture, commerce, industry, services, labor, and consumers. We also are aiming to increase ethnic and gender diversity.”
The Fed also cited a rise in both racial and gender diversity on the regional Fed boards, with 46% of all directors now meeting the label of “diverse.”
In February, Ms. Yellen also addressed the issue in testimony to Congress, saying officials in Washington are “constantly attentive in its oversight of the reserve banks to the issue of diversity of representation on those boards. And it has improved considerably.”
The legislators’ letter follows a report earlier in the year from the Center for Popular Democracy’s left-leaning Fed Up Coalition, which took a look at the Washington-based Fed governors, regional bank presidents and boards of directors overseeing the 12 regional banks. That report flagged the fact that even as the Fed is now led by a woman, three of five current governors are men, and all are white. Of the 12 regional Fed bank presidents, 11 are white, two are women, and one is Indian-American. The last black person to hold a top leadership role at the Fed was Roger Ferguson, a vice chairman who left in 2006.
Fed governors are nominated by the president and are subject to Senate approval. Regional Fed bank presidents are nominated by their local boards by members representing firms not regulated by the central bank, subject to the approval of the Fed board in Washington.
The Clinton campaign said the central bank is indeed ripe for change. “The Fed needs to be more representative of America as a whole,” it said in a statement, adding that “commonsense reforms—like getting bankers off the boards of regional Federal Reserve banks—are long overdue.”
Much of the criticism over Fed diversity centers on the make-up of the regional bank boards of directors, which are populated by members of the private sector and oversee the operations of the Fed banks.
The makeup of Fed bank president ranks has been criticized for other reasons as well. The leaders of the New York, Philadelphia, Dallas and Minneapolis branches have all worked for investment bank Goldman Sachs in some capacity.
The Federal Reserve in recent years has faced criticism from both sides of the political spectrum. Many on the right have been angered by the central bank’s aggressive stimulus actions and its role in bailouts of the financial system, and some have wanted to audit the central bank’s process for making monetary policy and force the Fed to set policy based on an explicit and simple rule.
On the left, some have said the Fed has pursued policies that have promoted income inequality and the interests of the financial sector. The low level of diversity has become a more prominent concern in recent months in part because of the report from the Fed Up Coalition.
Meanwhile, former Minneapolis Fed President Narayana Kocherlakota said in a blog post in January that a lack of black representation at the Fed appears to have left central bankers insufficiently attuned to the economic troubles of the African-American community.
The Fed has become an issue in the presidential campaign. Last week, presumptive Republican nominee Donald Trump said he likely would replace Ms. Yellen if he were president. On the Democratic side, Sen. Bernie Sanders of Vermont has long been a critic of the Fed.
By MICHAEL S. DERBY
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2 months ago
2 months ago