>> WELCOME BACK TO BETWEEN
BELLS IT'S BEEN ONE YEAR SINCE
GEORGE FLOYD'S MURDER, HIS
DEATH SPARKED A MOVEMENT ACROSS
THE COUNTRY AND RENEW
CONVERSATIONS ABOUT RACISM AND
INEQUALITY EVERY SECTOR CAN DO
BETTER FROM THE ENTERTAINMENT
SPACE TO THE FINANCIAL
SERVICES INDUSTRY, THE
CORPORATE CALL TO ACTION
COALITION OF EQUITY AND
OPPORTUNITY IS A CORPORATE
ACTIVISM INITIATIVE CREATED BY
CONNECTICUT OFFICER OF THE
TREASURE AND THE FORD
FOUNDATION MEMBERS OF THE
COALITION ANNOUNCED NEW
COMMITMENTS TO ADDRESS RACIAL
ECONOMIC DISPARITIES OR AT
LEAST ANY OF US SAT DOWN WITH
CONNECTICUT STATE TREASURER
SHAWN WOODEN TO TALK MORE ABOUT
THE CCA IS PLANNED OVER THE
NEXT 5 YEARS TAKE A LISTEN.
>> IS TO MAKE A SIGNIFICANT
IMPACT IN DEEP IN
LONG-TERM WAYS BY LOOKING IN
THE MIRROR AND LOOKING OUT
THE WINDOWS MERAH WORK IS JUST
INTERNALLY AT THE FINANCIAL
SERVICES IN HISTORY TO SAY HOW
CAN WE DO BETTER WITH RESPECT
TO DIVERSITY EQUITY AND
INCLUSION AND LOOKING OUT THE
WINDOWS IS HOW WE CAN HAVE AN
IMPACT IN CLOSING RACIAL
ECONOMIC DISPARITIES IN
AMERICAN COMMUNITIES MORE
GENERALLY. NOW SPECIFICALLY TO
EUROPE, OUR QUESTION. THERE ARE
SEVERAL AREAS, ONE
IS INVESTING. 10 BILLION
DOLLARS WITH MINORITY BUSINESS
ENTERPRISES. OVER THE NEXT
5 YEARS AND THESE ARE
VENDORS SUPPLIERS TO
CORPORATIONS.
>> HAVING AN IMPACT THAT
>> ALSO INVESTING AND HAVING AN
IMPACT OF UP TO 30 BILLION
ECONOMIC IMPACT INTO
COMMUNITIES
OF COLOR. GENERALLY THROUGH A
VARIETY OF MECHANISMS BUT
PUTTING CAPITAL INTO
UNDERSERVED.
AND QUITE FRANKLY
START COMMUNITIES. ADDITIONALLY
INCREASING THE PIPELINE TO
TO WORK FOR FINANCIAL
SERVICES FIRMS AND THIS WOULD
INCLUDE 10,000 MICRO
INTERNSHIPS A YEAR
FOR BLACK IN
HISPANIC ANNUALLY AS WELL AS
LOOKING AT MID CAREER.
LEVEL PROFESSIONALS AND
ENHANCING SUPPORT FOR
ADVANCEMENT WITHIN THE INDUSTRY
AND THE LAST
CATEGORY MENTION IS A
COMMITMENT TO PUBLICLY E E O
ONE DAY TO THIS
IS THE. RACIAL
WORKFORCE GENDER DEMOGRAPHIC
THAT'S DISCLOSED TO THE FEDERAL
GOVERNMENT TO PUBLICLY DISCLOSE
IT VOLUNTARILY.
AND THE IMPORTANCE OF THAT IS
WE HAVE TO HAVE A LEVEL OF
TRANSPARENCY IN ORDER TO HAVE
ACCOUNTABILITY. IN EVERYTHING
ABOUT THIS COALITION IS
PREMISED ON THE
FACT THAT WE WANT A
SIGNIFICANT GOALS THAT ARE
MEASURABLE AND THAT WE EXPECT
TO HOLD EACH OTHER ACCOUNTABLE
FOR CHEATING.
>> THAT WAS ACTUALLY PART OF MY
NEXT QUESTION YOU KNOW WHY IS
IT SO IMPORTANT TO INCREASED
DATA DIVERSITY DATA
TRANSPARENCY TO OR GET TO A
BETTER PLACE OF RACIAL EQUITY.
>> YOU KNOW WE HAVE TO WE HAVE
TO BE TRANSPARENT ABOUT WHERE
WE ARE AS A STARTING PLACE
AND THAT'S OFTEN VERY HARD
BECAUSE YOU KNOW
QUITE FRANKLY.
>> A LOT OF INSTITUTIONS HAVE
BEEN DONE VERY WELL IN
THIS AREA SO PUTTING YOURSELF
OUT THERE AND SAYING I'M
WILLING TO SHOW THE WORLD WHERE
WE ARE. THAT'S A THAT'S A
BIG STEP AND IT ONLY
UNDERSCORES THE
ULTIMATE COMING IT IS THAT
WE'RE COMMITTED TO DOING BETTER
AND WE'RE GOING TO SHOW THAT
WORLD WHERE
WE ARE AND OVER TIME OVER THESE
5 YEARS WE'RE GOING TO MEASURE
THAT AND WE'RE GOING TO ABLE TO
PUBLICLY SEE THE PROGRESS THAT
THESE INSTITUTIONS ARE MAKING
IN SO YOU KNOW, IT'S IT SEEMS
LIKE A SIMPLE THING TRUST ME
IT'S A PRETTY
BOLD STEP. AND WE'RE
ENCOURAGING OTHERS SO
OUR COALITION 18 OF THE MOST
PROMINENT FINANCIAL SERVICES
FIRMS IN THE CEOS WHO
ARE COMMITTED. TO DIVERSITY
EQUITY AND INCLUSION IN CLOSING
RACIAL DISPARITIES MAY GET IT
AND SO
THE STEPS OR ARE PART OF THOSE
EFFORTS TO HAVE BE REALLY
TRANSPARENT AROUND WHAT WE LOOK
LIKE WHAT WE'RE DOING AND HOW
WE'RE GOING TO
GET THERE.
>> YOU'VE OUTLINED SOME REALLY
CLEAR AND IMPORTANT STEPS AND
I WONDER THOUGH WHERE IS YOUR
LEVEL OF OPTIMISM FOR THE
FINANCIAL SERVICES INDUSTRY TO
REALLY COME TOGETHER IN KOREA,
NOT JUST POSITIVE AND IT
CERTAINLY MAY BE SHORT-TERM
CHANGE BUT LASTING CHANGE.
>> THAT'S A GREAT QUESTION I
WOULD GET THIS QUESTION.
THE LAST 6 MONTHS OF LAST YEAR
ALL THE TIME.
I AM CAUTIOUSLY OPTIMISTIC THE
CONVERSATIONS THAT I
WITH CEO'S ONE OH AS WELL
AS GROUPS
HAS REALLY CONVINCED ME THAT WE
ARE AT A NEW MOMENT AND
IN OUR. ZIGZAG PATH OF AMERICAN
TOWARDS RACIAL JUSTICE
AND EQUALITY. AND THERE'S A
LOT OF WORK TO BE DONE BUT THE
THE MURDER OF GEORGE FLOYD.
FOR EVERYONE TO SEE ON VIDEO
ON REPEAT. IN THE MIDST OF A
PANDEMIC WHEN WE WERE ALL
AT HOME. REALLY SEARED INTO THE
AMERICAN CONSCIOUS. THE
UGLINESS OF AND
RACIAL DISPARITIES AND THAT WAS
THE WAS THE WAS A GAME CHANGER
IN MY VIEW FOR
MORE AMERICANS WHETHER YOU'RE
IN THE SEAS SUITES OF
CORPORATIONS WHETHER IN THE
HALLS
OF GOVERNMENT OR ELSEWHERE TO
TO JOINING THIS. JOIN THIS
FIGHT FOR A RACIAL JUSTICE AND
EQUALITY AND SO THAT'S WHY I'M
OPTIMISTIC THAT
WE ARE AT A DIFFERENT POINT IN
TIME AND THAT SO FAR HAS BEEN
BORNE OUT BY THE LEVEL OF
COMMIT ITS THAT YOU SEE FROM
CEO'S IN CORPORATIONS IN
AMERICA, YOU ASK A VERY
IMPORTANT QUESTION ABOUT THE
LONGER TERM AND THAT LONGER
TERM ASPECT WAS WAS
A FOUNDATIONAL PEACE TO TO ME
PULLING THIS
COALITION TOGETHER. AND I SAID
YOU KNOW, I'M NOT INTERESTED IN
SOMETHING THAT JUST SOUNDS NICE
FOR
THE MOMENT BECAUSE WE HAD A LOT
OF STATEMENT OF SIMPLE BE AND
WE WANT WE WANT TO DO SOMETHING
OR WE'RE GOING TO BE PART OF
A SOLUTION. AND I WANTED TO
MAKE SURE THAT
WHAT I WAS INVOLVED IN AND ALL
THE SEALS ARE EXTREMELY BUSY.
BUT WE ALL WANT TO MAKE SURE
THAT THAT IT'S MEANINGFUL AND
I SAID THAT WE NEED TO LOOK AT
CHANGE OVER THE NEXT 10 YEARS
IF WE'RE TALKING ABOUT STUFF.
THAT'S DEEP STRUCTURAL IT
TAKES TIME. YOU KNOW JUST KIND
OF FLIPPED THE SWITCH AND
EXPECT TO SEE THE AMERICA THAT
OUR FOUNDERS. AT LEAST IMAGINE
YOU KNOW WE WERE NEVER THERE
BUT BUT IN TERMS OF OUR FY
FUNDING OUR IDEALS AND
PRINCIPLES. IT'S A STRUGGLE
BUT I REMAIN CAUTIOUSLY
OPTIMISTIC WITH EFFORTS LIKE
THIS AND OTHERS.
THAT WE HAVE A
REAL OPPORTUNITY. AT THIS
MOMENT, THIS CROSSROADS WHERE
DOES AMERICA TO ACT WE MAKE
SIGNIFICANT CHANGE AND TO CLOSE
THESE
RACIAL DISPARITIES.
>> YOU TOUCHED ON THE PAST YEAR
AND REALLY IN THAT SAME VEIN WE
HAVE ABOUT A YEAR AGO YOU WROTE
NOT THAT IN THE HARTFORD,
CURRENT TITLES, CORPORATE
AMERICA. IT'S TIME TO STAND UP
AGAINST RACISM AS YOU REFLECT
ON THIS LAST YEAR AS YOU WERE
JUST DOING WHAT ARE
YOUR THOUGHTS HAVE WE MADE THE
PROGRESS THAT YOU HOPED OR DO
WE HAVE A WAYS TO GO.
>> WE HAVE A LONG WAYS TO
BUT.
>> I HAVE SEEN
VERY ENCOURAGING.
>> STEPS AND YOU KNOW THEY SAY
THE JOURNEY OF A 1000 MILES
STARTS STARTS WITH ONE STEP.
RIGHT AND SO I'VE SEEN I'VE
SEEN VERY ENCOURAGING
BUT WE'RE STILL AT THE WE'RE
STILL AT THE BEGINNING STAGES.
THIS NEXT, YOU KNOW SOME MIGHT
CALL 3RD RECONSTRUCTION.
IN AMERICA, BUT WE'RE STILL AT
TH