The Catholic Spirit covers Jubilee USA's high-level meeting with Treasury Secretary Janet Yellen and faith leaders. Read an excerpt below, and click here for the full story.
Religious, labor leaders optimistic after meeting with treasury secretary
By Dennis Sadowski
The discussion focused on accessing emergency reserve funds, known as Special Drawing Rights, or SDRs, debt policies, humanitarian aid, climate change, bankruptcy, financial transparency and tax proposals to prevent future economic crises.
In addition, a presentation by Archbishop Roberto Gonzalez Nieves of San Juan, Puerto Rico, specifically addressed concerns related to the island territory’s debt.
It is the first such meeting involving a Treasury Department secretary and faith leaders in at least three decades, said Eric LeCompte, executive director of Jubilee USA, an alliance of faith-based development and debt relief advocacy organizations, who organized the meeting.
In addition to Catholic representatives, also attending were leaders of the Lutheran, United Methodist, Presbyterian and United Church of Christ churches, the Union for Reform Judaism and the Puerto Rico Evangelical General Bible Society. They were joined by the AFL-CIO and the International Trade Union Confederation.
Read the full article here.