new group of black bus execs will spend millions in midterms where african amer vote turnout key
A new group of black business executives said Monday that it will spend millions of dollars in the midterm elections backing candidates who champion economic causes benefiting African-Americans.
The group, Black Economic Alliance, is officially nonpartisan, but it is backing four Democrats in its first round of endorsements: Sen. Tim Kaine in Virginia and gubernatorial candidates Stacey Abrams in Georgia, Ben Jealous in Maryland and Richard Cordray in Ohio.
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Organizers said the group will invest in competitive midterm elections in states and districts with large African-American populations where turnout of black voters could prove decisive.
Citing economic disparities that have long disadvantaged black people in the United States, Coles, chairman and chief executive officer of Yumanity Therapeutics, said, “We don’t think that the stakes could be higher” for economic issues affecting black Americans.
“Obviously, as we support and advantage black Americans, all other low-income groups will benefit from this as well,” he said. “This is a pebble that we expect will have a ripple in a very big pond.”
https://www.politico.com/story/2018/08/13/black-economic-alliance-2018-midterms-774881
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