Press "Enter" to skip to content

Posts tagged as “Congress”

Blacks Win in Congress With Five New Members

By goodblacknews on November 7, 2012

Last night was an extraordinary election for the black community.  President Barack Obama was able to reaffirm his success as a leader for the majority of voting Americans, and now blacks have a stronger foot-hold in congress.

Yesterday five new African Americans were sworn into Congress. Some of these new members beat out Republican candidates in key states, while others are occupying new seats in states like Nevada.  This election keeps the number of black members of congress at 44.

politic365.com lists the 5 new Black members as follows:

 

1. Joyce Beatty – Former Democratic state representative Joyce Beatty has been elected to a new Ohio congressional district in Columbus. She beat Republican Chris Long.

2. Steve Horsford – Horsford, Nevada’s first Black Senate majority leader, won a new seat created in Nevada.

3. Marc Veasey – Texas State Rep. Marc Veasey will serve in a new House district in North Texas after defeating Republican Chuck Bradley.

4. Hakeem Jeffries – Jeffries, a New York State Assemblyman, was easily victorious in Brooklyn’s 8th congressional district. Rep. Ed Towns held the seat for 29 years before announcing his retirement this year.

5. Donald Payne, Jr. – Payne will serve in New Jersey’s 10th congressional district after the death of his father in March.

article via yourblackworld.net

Wall Street Preparing For Obama Victory As Romney Falls Behind In Polls

By goodblacknews on October 1, 2012

wall street barack obama
NEW YORK — As President Barack Obama widened his lead over Mitt Romney in polls this month, traders at hedge funds and investment firms began shooting emails to clients with a similar theme: It’s time to start preparing for an Obama victory.
What many in the market worry about isn’t that high earners may pay more in taxes if Obama wins. They worry that federal spending cuts and tax hikes scheduled for 2013 will kick in on Jan. 1 and start pulling the country into another recession. The higher taxes and lower spending would total $600 billion. They take effect automatically unless Congress and the White House reach a deal before then.

Congresswoman Maxine Waters Will Not Be Charged With Ethics Violations

By goodblacknews on September 22, 2012
maxine-waters-16x9.jpg
WASHINGTON (AP) — California Democratic congresswoman Maxine Waters will not be charged with ethics violations.
At a meeting Friday, House Ethics Committee members said they found no violations in their investigation of allegations she steered a $12 million federal bailout to a bank where her husband owns stock. Waters is a senior Democrat on the Financial Services Committee.

Jada Pinkett Smith Speaks Against Human Trafficking To Congress

By goodblacknews on July 18, 2012


WASHINGTON (AP) — Actress and activist Jada Pinkett Smith urged Congress on Tuesday to step up the fight against human trafficking in the U.S. and abroad.  The actress testified during a Senate Foreign Relations Committee hearing that she plans to launch a campaign to raise awareness and spur action against human trafficking and slavery. She said the “old monster” of slavery “is still with us,” almost 150 years after President Abraham Lincoln issued the Emancipation Proclamation that freed slaves in the U.S.
“Fighting slavery doesn’t cost a lot of money. The costs of allowing it to exist in our nation and abroad are much higher,” the actress said. “It robs us of the thing we value most, our freedom.”  She said the issue was brought to her attention by her daughter Willow, 11, who sat nearby with actor Will Smith, Pinkett Smith’s husband and Willow’s father. The Smiths all wore blazers over T-shirts that read, “Free Slaves.” The hearing room was filled mostly with young people, some trying to take photos of the famous family.
With her father’s arm around her, Willow remained attentive to her mother’s testimony and often whispered to her father. At least 30 minutes into the hearing, Will wrapped his gray blazer around Willow.  The actress called for an extension of the Trafficking Victims Protection Act, which provides funding to combat trafficking and help trafficking victims. The act also created a task force, chaired by Secretary of State Hillary Rodham Clinton, which coordinates among federal agencies to implement policies against human trafficking.
Sen. John Kerry, D-Mass., pledged to try to gather bipartisan congressional support to further fund the act.
The State Department estimates that at least 14,500 people are trafficked to the U.S. annually.
Copyright 2012 The Associated Press.