Low-Income Areas Focus Of Summit
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Jesse Jackson opened his 10th annual Rainbow/PUSH Wall Street Project Summit yesterday calling on the Democratic-controlled Congress to make America’s low-income urban areas a top economic priority. Dozens of the nation’s black leaders, including members of the Congressional Black Caucus and several mayors, attended the opening session of the three-day summit, whose goal is lobby Wall Street’s business leaders to invest in the country’s blighted urban communities.
“We need to green line red-lined America,” Mr. Jackson said, pointing to tax credit restoration and ending predatory lending as methods to even a playing field that he said still values inheritance and access over hard work.
“We elected a Democratic Congress,” Rep. Jerrold Nadler said. “How much that means remains to be seen.” Senator Clinton will speak at the Summit this morning.
