Tag: Launch (boat)

Washington (CNN)A new political group called the Black Economic Alliance publicly launched Monday with $3.5 million raised for this year's midterm elections and plans to back 10 to 15 candidates. The group, which seeks to marshal black business leaders behind an economics-focused political push, announced four initial endorsements of Democratic candidates: Stacey Abrams for Georgia governor, Ben Jealous for Maryland governor, Richard Cordray for Ohio governor and Virginia Sen. Tim Kaine in his re-election bid. Cook said the group will both contribute to candidates and back get-out-the-vote efforts. "We're evaluating on a case-by-case basis ... what it will take to win" each race, Cook said. Coles pointed to unfair lending practices, educational inequities and a disproportionate lack of progress in home ownership and wages for black Americans. We are an organization seeking political and policy solutions to these problems." "I've had to make choices based on economic issues that face everyone but have had an acute effect on me," she said. Abrams said that since 2016, young black people who might have sat the previous election out are "very much woke and conscious" of the political environment. He also said Ohio has an infant mortality crisis that is "especially pronounced in the African-American community" and said he'd protect the state's Medicaid expansion. Cordray also said the fallout of the housing crisis in the late 2000s diminished many homeowners' wealth.