John Hope Bryant

HOPE Snippet: Bryant to Speak at National Conference of Black Mayor's Conference

I am pleased to play a role in the coming national conference (which will include their international delegate of mayors as well) for the National Conference of Black Mayors (NCBM).

NCBM played a very positive and important role in assisting me and the U.S. President's Advisory Council on Financial Capability, Subcommittee on the Underserved and Community Empowerment, which I chair, in creating the first in a series of Local Financial Literacy Councils across the nation. Special commendation here goes to Vanessa Williams, executive director of the NCBM, who provided incredible leadership throughout this process.

For more information on the NCBM national conference click here.

John Hope Bryant

Huffington Post ~ Solving Poverty: Fighting Blight and Poverty with Credit Scores

John Hope Bryant

Bestselling business leadership author and philanthropic entrepreneur

In the 50 years since the civil rights movement and Dr. King's dream, one problem (racism) has been replaced or at least matched by another -- poverty. Urban poverty, rural poverty, and poverty that hits blacks, whites, browns and others alike. As I have said previously in the Huffington Post, poverty is the new racism. If you are poor, everything pretty much sucks.

The old model of racism was based on race and the color line. The new model of racism is rooted in class and poverty. The old racism was obvious in signs that read White Only, from the southern states in the U.S. to South Africa. The new racism is more obvious in Misery Row.

Whether it is a feature on a boulevard in an urban city or a rural town, or whether it is at the entrance of a military base, the Misery Row looks pretty much the same. Predatory check cashers, next to rent to own stores, payday lending stores, title lending stores, and liquor stores.

One group of financial predators takes advantage of your financial problems and misfortune, while another associated group benefits by helping you to forget you actually have any.

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Saluting Operation HOPE's Own Jena Roscoe

 

Jena Roscoe serves as First Senior Vice President and Chief of Government Affairs and Public Policy, Operation HOPE. Ms. Roscoe is the first Senior Director of the East Coast Regional Corporate Headquarters at Gallup in Washington, DC.  

Jena Roscoe is in charge of the HOPE Office of Government Relations and Public Policy, which is a global responsibility.  In this post Ms. Roscoe has managed the relationship of and between three Presidential Administrations, from (Democrat) President Bill Clinton to (Republican) President George W. Bush, to (Democrat) President Barack Obama.

During her tenture at Operation HOPE, Ms. Jena Roscoe has led or otherwise helped to marshall in almost every major national private/public partnership and national government agreement with HOPE over the past decade; including our HOPE Coalition America national agreement with FEMA, our national agreements with the FDIC, the Veterans Administration, the creation of the SBA Office of Entrepreneurship Education, and the Operation HOPE 5-year partnership with the FINANCIAL SERVICES ROUNDTABLE, amongst many others.  

Ms. Roscoe manages John Hope Bryant's personal public policy portfolio, including his involvement as a Presidential Appointee to the U.S. CDFI Fund at the U.S. Department of the Treasury, the U.S. President's Advisory Council on Financial Literacy, the U.S. President's Advisory Council on Financial Capability, the portfolio of more than 100 Local Financial Literacy Councils for the Subcommittee on the Underserved and Community Empowerment for the President's Council, under President Barack Obama.

Operation HOPE and the Gallup-HOPE Index Cited in U.S. Senate Resolution for Financial Literacy Month, 2013

  

 

Operation HOPE, the organization that helped to pioneer financial literacy as U.S. federal policy in January, 2008, as then President George W. Bush signed an Executive Order inspired by our on-the-ground work, is proud to once again have its work cited amongst U.S. policy makers.

The U.S. Senate passed a resolution establishing Financial Literacy Month for 2013.  The U.S. Senate resolution cited and referenced statistics from our 100-year partnership with Gallup, and specifically the Gallup-HOPE Index Report for 2011 and 2012, 

A special thank you to our HOPE Office of Government Relations & Public Policy, led by Jena Roscoe, and our HOPE Office of Innovation, Research & Assessment.

 

 

Banking on Our Future and 100 HOPE Corps Volunteers Bring Financial Literacy Empowerment to Silver Springs, Maryland

Recently my Operation HOPE, Washington, DC and Operation HOPE, Maryland teams came together and had a very successful Banking on our Future volunteer event at Francis Scott Key Middle School in Silver Spring, MD. There were over 100 HOPE Corps volunteers present and involved, and included employees from the U.S. Office of the Comptroller of the Currency, Women in Housing and Finance, Capital One, Fannie Mae, M&T Bank, Bank of India, BB&T Bank, Sandy Spring Bank, Bank of America, First Mariner Bank, FDIC, City First Bank, ETrade Bank, Wells Fargo, Bank of Georgetown, and FINRA.

A special thank you to my friend and financial dignity supporter, Maryland State Comptroller Peter Franchot, who teamed up with US Comptroller of the Currency Barry Wides to teach a Banking on Our Future financial literacy class. Maryland Comptroller Franchot and US Deputy Comptroller Wides also spoke to the volunteers about Franchot's mission to get each county in Maryland to adopt a graduation requirement for a financial literacy class in the senior year. Severak counties have already signed on to support this financial dignity leadership initiative of Comptroller Franchot.  Operation HOPE certainly supports him.

A special acknowledgement to Jackie Starr, who is our Operation HOPE market president for the Washington, D.C. and Maryland.

Operation HOPE, Washington, DC and Operation HOPE, Maryland are part of the larger mission of Operation HOPE, which is now a leading global provider of financial literacy to financial dignity empowerment services for the underserved, the working poor and the struggling middle class.

With 2 million clients served, 20,000 HOPE Corps volunteers, and more than $1.5 billion in private capital directed into America's low wealth and underserved communities, creating thousands of homeowners, small business owners and entrepreneurs over the past 20 years, Operation HOPE is making a difference.  But we cannot achieve our mission alone.  We cannot seek to advance the final work of Dr. Martin Luther King, Jr., eradicating poverty and achieving a measure of economic justice for all, alone.

Operation HOPE operates the HOPE Financial Dignity Center Atlanta at Ebenezer Church, located on the campus of the King Center and as the anchor tenant of the Martin Luther King, Sr. Community Resource Complex.  Martin Luther King, Sr, or "Daddy King" as he was called, co-pastored Ebenezer Church with his son Dr. Martin Luther King, Jr. during the civil rights movement, and served on the board of a bank for 40-years; a little known fact.  Daddy King was also focused on making free enterprise work for all, as his son was focused in the last years of his life on poverty eradication and economic justice.

The mission of Operation HOPE is civil rights to silver rights, or making free enterprise work for all.

 

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U.S. Surgeon General to Headline HOPE Forum in Atlanta May 17th, 2013

U.S. Surgeon General to Headline HOPE Forum in Atlanta May 17th, 2013

May 02 2013

U.S. Surgeon General to Headline HOPE Forum in Atlanta May 17th, 2013

Medical leaders to discuss national healthcare plan and responsible investments in health

ATLANTA – May 2, 2013 – Operation HOPE (HOPE), the financial literacy and empowerment nonprofit, will host U.S. Surgeon General Dr. Regina Benjaminfor “Investing in Your Health,” a HOPE Forum exploring the impact of healthcare on the economy and solutions to improve the nation’s overall wellbeing. Dr. Valerie Montgomery Rice, dean and executive vice president of the Morehouse School of Medicine (MSM) will moderate the event on May 17 at the Operation HOPE Financial Dignity Center at Ebenezer in Atlanta.

The third installment on the HOPE Forum series in Atlanta, “Investing in Your Health,” will discuss the relationship between physical and fiscal health in America and how to invest wisely in personal health. The Forum will begin at 10:00 a.m. on Friday, May 17 at the HOPE Financial Dignity Center, Ebenezer, located at the Martin Luther King, Sr. Community Resource Complex at 101 Jackson Street, NE. Operation HOPE Founder, Chairman and CEO, John Hope Bryant will also participate in the Forum.

Dr. Benjamin has served as surgeon general since 2010. She is the former associate dean for Rural Health at the University Of South Alabama College Of Medicine in Mobile and past chair of the Federation of State Medical Boards of the United States. In 1995, she was the first physician under age 40 and the first African-American woman elected to the American Medical Association Board of Trustees. She has served as president of the American Medical Association Education and Research Foundation and chair of the AMA Council on Ethical and Judicial Affairs.

Read the complete article here on the HOPE Blog.

 

 

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Operation HOPE 21: Telling The Story of Our Founding

21 years ago, this day, May 5th, 2013, the bold vision of and for Operation HOPE was born in South Central Los Angeles, immediately following the Rodney King Riots of April 29th, 1992.

"Rainbows, after storms.  You cannot have a rainbow without a storm first."

After the Rodney King verdict came down, so many things just went dark in the community I loved so much. The community I still love.  But not all things were negative, in the days and weeks and months that followed.

Congresswoman Maxine Waters and her local leadership group, led by Brenda Shockley as I recall, stood up their vision of and for Community Build. Today, Congresswoman Waters serves on the financial services committee for Congress, continuing to push her agenda for her people.

Then City Counciman Mark Ridkey-Thomas, who today is an esteemed and accomplished lead member of the Los Angeles County Board of Supervisors.  I fondly remember Supervisor Ridley-Thomas for so many reasons, but a couple stand out for me.  Mark (as I respectfully call him as a friend) served on our first board of directors for Operation HOPE. I remember our parting conversation. It was our first letterhead. We were committed to "eradicating poverty across America," and Mark (Ridley-Thomas) wanted to eradicate poverty and empower people IN THE 8TH DISTRICT!  We were both right, but Councilman Ridley-Thomas was more right than me.  He was 100% focused on empowering and serving the people in the district he was elected to serve.  This impresses me now, as much as it impressed me then.  I was sad to see Ridley-Thomas leave our board back then, by I so respected "why" he did it.  I also got the phrase "With HOPE," which has become my global signature sign-off statement on all correspondence, from Mr. Ridley-Thomas.  Finally, back then I would say that Ridley-Thomas was the only sitting elected official who really knew and understood community development, community empowerment, and the power of financial dignity in one's life.  

Hurricane Sandy Update from HOPE Coalition America and Project Restore HOPE

HOPE Coalition America and Project Restore HOPE: Hurricane Sandy have already hired staff, and this month will be opening offices in Brick, New Jersey and other key cities impacted by Sandy in the state of New Jersey.

HCA has more than 1,000 professionals committed to provide volunteer financial case management and counseling, along with my team, for those impacted.  The lead volunteer partner for Sandy work is JP Morgan Chase, which has been incredible with more than 600 committed HOPE Corps volunteers leaning into this important work.

A special thank you to the State of New Jersey Relief Fund (for Hurricane Sandy), the Office of the First Lady for New Jersey, Mrs. Mary Pat Christie, the U.S. Department of Commerce and U.S. Economic Development Administration, JP Morgan Chase, Ares Capital Management, the American Red Cross, UPS, Chubb Insurace which donated our 55 Water Street office space in New York, and a range of additional partners engaged here.

HCA is a national partner with FEMA for emergency financial and economic preparedness, response and recovery for the nation.  For more information on our Hurricane Sandy response work, how you can get involved, or get help, contact Fred Smith, division president for HCA.  Also important to the process is Mary Hagerty, CEO of Operation HOPE NYC and my NE leadership officer.

A special tank you to Michael Arougheti, principal of Ares Management of Manhattan, and a national member of the Operation HOPE board of directors.  It was Mr. Arougheti who spearheaded the corporate effort to get corporate leaders engaged and involved in our Sandy recovery efforts in the weeks following the disaster.  His leadership will be forever remembered, and much appreciated.

John Hope Bryant

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Statement of Support from Operation HOPE for the Nomination of Congressman Mel Watt

Washington, D.C. and our nation need strong and effective leadership today more than ever. Congressman Mel Watts seems to fit that description to me. Important to me, one of my key employee's family was a constituent of the then Congressman in Charlotte, North Carolina, and they uniformly endorse him. I am told that while Congressman, Mr. Watt encouraged the local adoption of our Banking On Our Future, College Edition Program, where we educated college students in North Carolina on financial literacy. This suggests a man who doesn't just talk about things, but seeks to do thing too.

Congressman Watt has over 20 years of congressional experience on the Financial Services Committee, where he sponsored and/or co-sponsored economic empowerment legislation around homeownership, consumer protection, entrepreneurship, small business, and financial literacy. He understands the needs of prospective homeowners, the practical interests of the private sector, and the necessary role of the federal government.