Congressman Danny K Davis Briefed on McDonald’s Corporate Systemic Racism – (Chicago, Illinois) – On Friday, August 20, the organizers of DON’T BE McFOOLED, Longtime Chicago Activist Wallace “Gator” Bradley “The Urban Translator” Founder & President United In Peace Inc. and Kahari S. Nash Co-Founder Equity For All, along with The Byrd Brothers, Darrell and James F. Byrd Jr, McDonald’s Franchisees, National Black McDonald’s Operators Association (NBMOA) Members & the Class Representatives for BYRD ET AL v McDONALD’S ET AL met with Congressman Danny K. Davis to push the DON’T BE McFOOLED Corporate Systemic Racism Hearing Request for McDonald’s and McDonald’s National & Regional Lenders to the Congressional Black Caucus (CBC), House Financial
Services Committee and Senate Subcommittee on Financial Institutions & Consumer Protections.
During the hour long meeting, Mr. Bradley, Mr. Nash and the Byrd Brothers educated Congressman Danny K. Davis on the disparities between the Black & White McDonald’s Franchisees, DON’T BE McFOOLED Peaceful Educational Protests at McDonald’s Corporate Headquarters – Atlanta Field Office – Nashville Field Office with plans for the other eight (8) McDonald’s Field Offices, DON’T BE McFOOLED Programmatic Changes Requested and Presented to McDonald’s, Tennessee State Representative Joe Towns’ Stock Divestment Request to Tennessee State Treasurer David H. Lillard Jr., NYC Comptroller Scott M. Stringer’s Acknowledgement of the Discrimination Lawsuits in their SEC Notice of Exemption Dated April 26, 2021 (May 20, 2021, McDonald’s Shareholders Vote), DON’T BE McFOOLED Public Awareness Campaigns (Black Elected Officials, Black Clergy, HBCUs), DON’T BE McFOOLED Movement Organizational Support (NAACP Atlanta, Urban League of Greater Atlanta, NAACP Nashville), DON’T BE McFOOLED Public Pension Fund Stock Divestment Campaign, Equity For All $1 Billion Black Franchise Fund, Senate Banking – Housing – Urban Affairs Committee Member Catherine Cortez Masto’s Franchise Report April 2021, Strategies to Improve the Franchise Model: Preventing Unfair and Deceptive
Franchise Practices; Mr. Bradley’s & Mr. Nash’s meeting with John W. Rogers Jr. (Founder, Chair, CoCEO & CIO Ariel Investments) McDonald’s Board Member on July 9, 2021, with a 2nd meeting scheduled for October 1, 2021; and Mr. Nash’s initial discussions with CITIGROUP about Equity For All’s $1 Billion Black Franchise Fund.
Congressman Danny K. Davis was compelled by McDonald’s acknowledgments (i.e. rent reduction solution, close underperforming low volume/low cash flow restaurants with operators buy-in, identify high volume/high cash flow opportunities for new African-American operators, etc.) and data (i.e. sales gap, cash flow gap, decline of the African-American operators 2010-2020, etc.) provided by McDonald’s to NBMOA Chairman Larry Tripplett in the NBMOA 2020 2nd Quarter Board Meeting (June 11, 2020)
On Monday, August 23, 2021, Congressman Danny K. Davis will be speaking with CBC Chair Joyce Beatty, Congressman Gregory Meeks, Congressman Bennie G. Thompson and Congresswoman Maxine Waters to push to get DON’T BE McFOOLED on the CBC ALC50 Agenda (September 13 – 17, 2021) along with the hearing requests to the House Financial Services Committee and Senate Subcommittee on Financial Institutions & Consumer Protections.
Congressman Danny K Davis Briefed on McDonald’s Corporate Systemic Racism