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Houston Mayor Sylvester Turner to lead influential national Black mayors group

The mayor of the city where George Floyd was raised is taking over a group that represents 500 Black mayors in the U.S. amid national pressure to revamp police departments.

Why it matters: Houston Mayor Sylvester Turner will become the new president of the African American Mayors Association as municipalities across the country examine police reforms and deal with the economic fallout from the pandemic.


Details: The African American Mayors Association will announce Tuesday that Turner will succeed Newport News, Va,. Mayor McKinley Price to lead the only organization exclusively representing Black mayors in the United States.

  • The group's recently adopted "PEACE Pact for Community-Centered Policing" calls for reexamining police collective bargaining agreements and banning chokehold and no-knock warrants.
  • Around 25% or more of the group's mayors represent cities over 100,000 that are concentrated in the South East.

The intrigue: Turner said earlier this year that work is underway to restructure his city's civilian police misconduct review board, which was under scrutiny for not holding officers accountable for excessive force.

  • He had been a visible figure as the city gathered for memorial events following the death of Floyd, a Houston native.
  • Turner is expected to guide the organization as cities seek to get their portions of any infrastructure bill from Congress.

Don't forget: Turner is only Houston's second elected Black mayor where 60% of residents are Hispanic, Black, or Asian American.

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Valuations for venture-backed companies at record highs

Valuations for U.S. venture-backed companies are at record highs, per data released this morning by PitchBook.

Between the lines: It's the new normal, in which nontraditional investors are traditional, unicorns are pigeons and startups are in the driver's seat.

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Severe monsoon floods hit Indonesian capital, force 1,300 to evacuate

Severe monsoon flooding across several areas of Indonesia's capital forced more than 1,300 people to evacuate on Saturday, Reuters reported.

The big picture: The country's meteorology agency warned that conditions are expected to worsen as the heaviest rain of the season could fall in and around Jakarta over the next week, per Reuters.

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