Free Republic

More than 100 young people in Louisiana will receive $3,500 next year under a financial literacy program from the City of New Orleans. City officials said Thursday that 125 residents between the ages of 16 and 24 will receive 10 payments of $350 starting next spring. The money will be loaded onto an ATM card provided by Black-owned online bank Mobility Capital Finance. New Orleans Mayor LaToya Cantrell said.. The goal, city officials said, is to address the "unbanked" problem plaguing the Big Easy. The "unbanked" is a term the financial services industry has adopted to describe adults who earn...

(CNN)In honor of Veterans Day, congressional Democrats reintroduced legislation Thursday that would provide GI Bill benefits to descendants of Black World War II veterans. The GI Bill Restoration Act was introduced in the House by Majority Whip Jim Clyburn of South Carolina and Democratic Rep. Seth Moulton of Massachusetts. Democratic Sen. Raphael Warnock of Georgia is set to introduce the legislation in the Senate, according to a news release on Clyburn's website. ...If passed, the bill would extend to descendants and surviving spouses of Black WWII veterans access to the VA Loan Guaranty Program, which provides assistance for buying and...