With stated aims to support Black communities and narrow the racial wealth gap, the group is financed by a billionaire hedge fund investor who also funds Republicans and AIPAC.
By Akela Lacy, The Intercept
A new political action committee “dedicated to empowering urban communities to narrow the wealth gap between Black and White Americans” has picked its most prominent and first incumbent target this cycle: Rep. Rashida Tlaib, D-Mich.
Launched in October by more than 40 Black business and civic leaders, the group, Urban Empowerment Action PAC, has labeled the challenge against Tlaib its “premier race” and plans to spend at least $1 million to unseat her, arguing that Detroit, a city that is majority Black, should be represented by a Black member in Congress. The PAC is primarily funded by billionaire hedge fund investor and philanthropist Daniel Loeb, though its initial founder remains unknown.
The slew in planned spending comes as top Democrats continue to fight against the party’s progressive wing with help from Republican donors and outside groups backing conservative candidates in both parties. Democratic leaders and outside groups aligned with them have spent millions so far to defeat progressives in several competitive primaries this cycle.
Recent Posts
VIDEO: A Blueprint For Countering American Fascism
July 26, 2024
Take Action Now Our First Annual Henry A. Wallace Symposium offered lessons from real-life heartland organizers on how to fight for a multiracial…
Gavin Newsom Orders Removal Of Homeless Encampments
July 26, 2024
Take Action Now “The only way to end homeless encampments in California is to end the need for homeless encampments,” an expert said.…
The Crackdown On Antisemitism Doesn’t Have Much To Do With Antisemitism
July 26, 2024
Take Action Now Republican lawmakers increasingly conflate anti-Zionism with antisemitism in an effort limit pro-Palestine speech and criticism of…
Netanyahu’s Unhinged And Bellicose Congressional Address Draws Scorn
July 25, 2024
Take Action Now ‘Our enemies are your enemies,’ the prime minister insisted, setting up confrontation with Iran. By Blaise Malley,…