What is the economic outlook for small businesses and communities, rural and urban? Why have black and other minority communities been hit so much harder than others? Experts in small business and community economics will explain the crisis to date, and possible scenarios of what lies ahead. Can communities and small businesses look to state and local governments for assistance and support? A state fiscal policy authority will explain the interaction between state and federal policies, the effect the crisis is having on state revenues, and the differences region to region and state to state.
John Holdsclaw IV serves as executive vice president of strategic initiatives at the National Cooperative Bank (NCB). John is charged with establishing NCB as a thought leader in community development and cooperative expansion that leads to business development and solutions. NCB’s mission is to support and be an advocate for America’s cooperatives and their members, especially in low-income communities, by providing innovative financial and related services. Prior to coming to NCB, John worked as director of policy and development at Capital Impact Partners, a national certified Community Development Financial Institution (CDFI) where he developed and implemented the organization’s public policy strategy. John also worked at the National Head Start Association; the only national organization dedicated solely to Head Start that promotes school readiness of children under 5 from low-income families as grassroots coordinator and associate director of its government affairs division. He currently serves on the boards of the CDFI Coalition, Self Help Venture Fund, Charleston LDC, Global Communities and Stonier Graduate School of Banking. John has received the Capital Impact Partners Award for Outstanding Corporate Achievement and Business Impact Award. In 2019, John received NCB’s Stanley W. Dreyer Spirit of Cooperation Award, bestowed annually to those who live and work with the spirit of the cooperative principles. In addition, John is a member of Phi Beta Sigma Fraternity, Incorporated. He holds a B.S. degree in Political Science from North Carolina A&T State University, a M.S. in Community Economic Development from Southern New Hampshire University, Diploma from the Stonier Graduate School of Banking and Wharton Leadership Certificate from the Aresty Institute of Executive Education at The Wharton School. He recently received a Certificate in Diversity and Inclusion Cornell University.
Michael Leachman is Vice President for State Fiscal Policy at CBPP. He directs the Center’s state policy research, overseeing analyses of state policy trends, how federal policy decisions affect states, and state policy choices that improve equity and boost opportunity.
Prior to joining the Center in 2009, Leachman was a policy analyst for nine years at the Oregon Center for Public Policy (OCPP), a member of the State Priorities Partnership. His work at OCPP included research on corporate income taxes, reserve funds, and spending limits.
Earlier in his career, Leachman worked as a community organizer in Chicago and, during graduate school, conducted a range of research projects in collaboration with community organizations.
Leachman holds a Ph.D. in sociology from Loyola University Chicago.
Chi Mac is the Research Lead for Small Business at the JPMorgan Chase Institute. Prior to joining the Institute, she was a Senior Economist in the Economic Policy Division of the Office of Management and Budget, where her portfolio included federal credit programs and the long-run budget outlook. She was previously an economic consultant in litigation involving corporate finance and securities. Chi earned a B.A. in Economics from Amherst College and a Ph.D. in Economics from Columbia University.
Diane Standaert is the Senior Vice President of Policy and Advocacy for Hope Enterprise Corporation/Hope Credit Union (HOPE). In this role, she directs the Hope Policy Institute and provides leadership on the development and execution of HOPE’s policy and advocacy strategy. Through independent analysis grounded in the experiences of HOPE’s programs and its members, the Policy Institute influences policies that affect the allocation of resources and facilitates an environment to ensure that all people prosper. Financial inclusion, development financing, and affordable housing are among the Policy Institute’s areas of interest. Diane brings more than 16 years of experience in policy deployment and expertise on a range of financial services issues such as small dollar lending, fair housing, student loans, and others along with a legal background in civil rights. She most recently served as Director of State Policy and Executive Vice President at the Center for Responsible Lending in Durham, N.C., where she worked with bi-partisan coalitions and policymakers at the state and federal level to advance consumer protections against predatory lending practices. Diane began her legal career as a fellow at the University of North Carolina Center for Civil Rights, where she worked in partnership with rural communities in North Carolina for access to basic services like sewer and water. For several years, Diane served on the national governing committee for the American Bar Association’s Forum on Affordable Housing and Community Development. Diane has presented testimony on issues of fair financial services in several state legislatures and in Congress, and worked with media such as the New York Times, NPR, Los Angeles Times, to bring attention to market and regulatory developments that put the financial security of low-income people and communities of color at risk. She earned a B.A. in Sociology from Florida State University and a J.D. from the University of North Carolina School of Law.