WASHINGTON – On Friday, July 12, 2024, the U.S. Department of the Treasury is hosting the annual Freedman’s Bank Forum featuring U.S. Deputy Secretary of the Treasury Wally Adeyemo, Governor Roy Cooper, Biden-Harris Administration officials, and key leaders from the public, private, nonprofit, and philanthropic sectors. The Forum will highlight the Administration’s continued efforts to increase economic opportunity for communities of color and spotlight local success stories in and around Raleigh, N.C., home to one of 19 original Freedman’s Bank branches.
The Freedman’s Savings and Trust Company was established in 1865 to provide newly emancipated Black Americans with the financial tools to safeguard their earnings, build financial security, and generate family wealth. In 2015, then Treasury Secretary Jack Lew christened the Treasury Annex building, which was built on the site of the “Freedman’s Bank Building” and launched an annual conference to showcase strategies to address racial economic disparities.
A detailed schedule is available below. All events are open press and times are approximate.
1:00 PM – 3:00 PM – Symposium
1:00 PM – Opening remarks:
1:30 PM – Fireside chat with Deputy Secretary Wally Adeyemo:
2:00 – 2:10 PM – Opening remarks and introduction to the panel:
2:10 PM – Panel discussion:
2:55 PM – Closing remarks:
3:00 PM – Open house:
What: Freedman’s Bank Summer Symposium – Raleigh, NC
Who: U.S. Deputy Secretary of the Treasury Wally Adeyemo
Mayor Stephen K. Benjamin, Assistant to the President, Senior Advisor to the President and Director of the White House Office of Public Engagement
Carolina Ferrerosa Young, Ph.D., Chief Economic Advisor, White House Office of the Vice President
Governor of North Carolina Roy Cooper
Dr. Paulette Dillard, President, Shaw University
Congresswoman Valerie Foushee, North Carolina’s 4th Congressional District
Chairman John Hope Bryant, Operation HOPE
Mayor Mary-Ann Baldwin, City of Raleigh
Mayor Leonardo Williams, City of Durham
When: July 12, 2024, at 1:00 pm
Where: Shaw University, Raleigh, NC
118 E South St, Raleigh, NC 27601
Press: Media interested in covering this event can RSVP to press@treasury.gov
A livestream will be available here.
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