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J3392Senate2017-2018 SessionResolution

Honor Wall Street Project

Official title

“Commemorating the 21st Anniversary of the Wall Street Project”

Sponsor Jesse HamiltonSD-20
Status
Adopted
Impact
1/10
Minimal
Outcome
Adopted

What's happening

This resolution commemorates the 21st anniversary of the Wall Street Project, recognizing its efforts to promote diversity and economic opportunity.

Why it matters

  1. Highlights ongoing disparities in corporate America. by specifically referencing the multibillion-dollar trade deficit with minority vendors and the need for more equal opportunities for diverse employees, entrepreneurs, and consumers.

  2. Draws a direct connection to Civil Rights history. , aligning the Wall Street Project’s mission with the legacy of Dr. Martin Luther King Jr. and Operation Breadbasket, emphasizing both the moral and economic dimensions of inclusion.

  3. Underscores the importance of systemic change. , advocating not just for hiring, but also for retention, promotion, board representation, and increased business opportunities for minority and women-owned companies in the financial sector.

  4. Links economic opportunity with broader community development. , noting efforts to increase educational scholarships, financial literacy, and voter registration, which suggests that the Wall Street Project’s goals extend beyond Wall Street to address root causes of economic inequality.

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Headline styles

Honor Wall Street Project

Plain English, a few words. Used as the page title.

Sponsors

Primary sponsor
Jesse Hamilton

Senator · Senate District 20

Chair, Banks

No co-sponsors yet.

History

  1. Adopted
  2. Reported to calendar for consideration
  3. Referred to finance

Full text

1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗

Senate Resolution No. 3392 BY: Senator HAMILTON COMMEMORATING the 21st Anniversary of the Wall Street Project WHEREAS, It is the custom of this Legislative Body to commend those illustrious organizations of the State of New York whose focus and intent have… Show all

Senate Resolution No. 3392 BY: Senator HAMILTON COMMEMORATING the 21st Anniversary of the Wall Street Project WHEREAS, It is the custom of this Legislative Body to commend those illustrious organizations of the State of New York whose focus and intent have made a substantial impact on the quality of life in their communities; and WHEREAS, Attendant to such concern, and in full accord with its long-standing traditions, this Legislative Body is justly proud to commemorate the 21st Anniversary of the Wall Street Project, to be celebrated at its Economic Summit, "50 Years after the Assassination of Dr. King: The Struggle Continues for Freedom, Equity, and Inclusion in Corporate America," on February 8-9, 2018, at the Sheraton New York, Times Square Hotel, New York, New York; and WHEREAS, Founded in 1996, the Wall Street Project was officially launched by Reverend Jesse L. Jackson, Sr. and prominent minority business owners on January 15, 1997, Dr. Martin Luther King's birthday; and WHEREAS, The Wall Street Project challenges Corporate America to end the multibillion-dollar trade deficit with minority vendors and consumers while working to ensure equal opportunities for culturally diverse employees, entrepreneurs and consumers; and WHEREAS, Remaining true to its mission, the Wall Street Project uses Operation Breadbasket's model of research, education, negotiation and reconciliation to promote inclusion, opportunity and economic growth; and WHEREAS, The Wall Street Project encourages public and private industries to provide more business opportunities for minority and women-owned companies on Wall Street and throughout the financial services industry, as well as to improve hiring, promotion and retention practices; and WHEREAS, Additionally, the organization promotes intra-trade relationships among diverse businesses and the naming of more minorities to corporate boards; and WHEREAS, The Wall Street Project also works to increase funding for educational scholarships and voter registration education, and to increase financial literacy in minority and/or underserved communities through the work of the One Thousand Churches Connected program; and WHEREAS, Over its distinguished 21-year history, the Wall Street Project has demonstrated continuous service to the residents and communities which it serves; and WHEREAS, The success of the Wall Street Project is in direct correlation to the efforts of its members, whose involvement is, and always has been, characterized by an impressive commitment, an unbridled enthusiasm, and an uncompromising standard of excellence in all endeavors on behalf of the organization and the community it serves; and WHEREAS, This auspicious occasion presents an opportunity for this Legislative Body to recognize and pay tribute to the Wall Street Project; and WHEREAS, It is the sense of this Legislative Body that when organizations of such noble aims and accomplishments are brought to our attention, they should be celebrated and recognized by all the citizens of this great Empire State; now, therefore, be it RESOLVED, That this Legislative Body pause in its deliberations to commemorate the 21st Anniversary of the Wall Street Project; and be it further RESOLVED, That a copy of this Resolution, suitably engrossed, be transmitted to the Wall Street Project.

Reflowed for reading: line numbers and page breaks removed. Cite the official text.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.