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Wednesday, January 29, 2025
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Politics

Bill that Requires Lenders to Disclose Interest Rates to Small Businesses Blocked in House Committee

Silence DoGood -
The bill would apply to loans made by “nonbank lenders,” lenders that almost exclusively reside on the internet. #loans #business
National

OpEd: The United States Is Abdicating Responsibility on Digital Trade

Jonathan McHale -
The United States enjoyed a $256 billion surplus in digitally-enabled services trade in 2022. #digitaltrade
Politics

OpEd: New Illinois Bill Would Harm Small Businesses

Dr. Cornel Darden Jr. -
This bill will also make it more difficult for small businesses to provide affordable health insurance for employees, which is one of the biggest financial challenges small business owners face. #aca #prescription
Community

State’s Black Mayors and Elected Officials Convene in Springfield for Inaugural ‘Advocacy in Action’ Meeting

Silence DoGood -
IBC-LEO launched in September of 2023 during the annual Illinois Municipal League conference in Chicago, IL. #ibcleo #blackcaucus
Community

OpEd: More Minority Credit Opportunities with Capital One – Discover Merger

Dr. Cornel Darden Jr. -
Both Discover and Capital One have shown their commitment to ensuring all people have access to credit, regardless of income level, background or credit history. #credit
Community

Black business groups blast college board over sputtering minority business participation

Glenn Minnis | The Center Square -
Darden added that the reasons he’s heard for noncompliance are vast, ranging from some not believing in the law to others insisting that the targeted goals are merely aspirational. #minorityparticipation
Community

Coalition of Black Businesses to Call for Defunding of Illinois Community College Board

Silence DoGood -
At the Subject Matter Hearing, several universities took the defensive and blamed the system for preventing them from having the ability to reach the goals. #communitycollege
Community

Black Business Organizations Say State-Funded Colleges and Universities Have ‘Abysmal’ Record of Minority Participation

Silence DoGood -
"Currently black businesses have lost over $1 billion dollars from these colleges and universities discouraging us from participating..." #colleges #universities #illinois #minority
Community

Chicago Southland Black Chamber Joins Other Area Business Organizations to Successfully Push BIDS Legislation

Silence DoGood -
These are self-initiated assessments by business owners themselves and thus are not taxes. Properties within the district are assessed at a customized level by the business community. #bids
Community

Illinois House Appropriations-Higher Education Committee Calls for Subject Matter Hearing to Discuss Procurement at Public Colleges and Universities

Silence DoGood -
Currently, all public colleges and universities in Illinois are subject to meet a 30% goal in contracting with disadvantaged businesses. #smh #subjectmatterhearing #publichearing #communitycollege #university
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