More than 1,000 people are expected to attend Rebuilding the American Dream, an economic summit featuring talks by Massachusetts Democratic Congressman Barney Frank and several business and community leaders, beginning at 8 a.m. Friday in downtown Los Angeles.

 

Frank, chairman of the House Financial Services Committee, will headline the 17th annual economic summit hosted by the Greenlining Institute, a multiethnic public policy, research and advocacy organization.

 

The daylong event will focus on restoring “the American promise of prosperity for all citizens in an era when the high cost of higher education is skyrocketing, home ownership is imperiled by rising foreclosure rates and the state’s budget crisis is putting vital services at risk,” according to a prepared statement.

 

“This important event will give us an opportunity to hear from many different stakeholders,” said Hector Preciado, health policy director for the Greenlining Institute and chairman of the conference. “Congressman Frank will voice his perspective on financial reform to California constituents, but it will also give our constituents the opportunity to voice their opinions on what is happening at the community level and bounce ideas off our community leaders.”

 

Along with Frank, speakers will include Verizon CEO Ivan Seidenberg, Coleman Advocates Executive Director NTanya Lee, California Public Utilities Commission President Michael Peevey, Los Angeles City Councilmember Richard Alarcon, Bank of America Home Loans President Barbara Desoer, California Endowment President and CEO Dr. Robert Ross, California Assemblyman Paul Fong (D-Cupertino), California Public Utilities Commissioner Tim Simon and Greenlining Institute Executive Director Orson Aguilar.

 

The event is at the Center at Cathedral Plaza, located at 555 W. Temple St., Los Angeles. To register for the event, visit greenlining.org/summit.