Presidential hopeful Sen. Bernie Sanders Bernie SandersOutrage erupts over Breonna Taylor grand jury ruling Dimon: Wealth tax 'almost impossible to do' Grand jury charges no officers in Breonna Taylor death MORE (I-Vt.) on Saturday will call to ban for-profit charter schools in an education policy speech.

Sanders will also endorse the NAACP’s moratorium on public funds for charter school expansion until they are audited at the national level and will support halting the use of public funds to underwrite new charter schools, Sanders' campaign told told The Hill in a statement.

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The senator also aims to hold existing charters accountable by giving them the same oversight requirements as public schools, requiring teachers and parents to make up half of charter school boards, mandating financial interest disclosures and other measures.

Sanders's plan, which was first reported by CNN, will be called the "Thurgood Marshall Plan For Public Education and Educators."

Sanders will unveil the proposal in a South Carolina speech, CNN reported Friday, and will make the case that black people are disproportionately hurt by charter schools because they take money away from public schools.

His speech will be delivered around the anniversary of the landmark Supreme Court decision Brown v. Board of Education, which launched the desegregation public schools. According to CNN, he will be the first 2020 candidate to endorse a ban on for-profit charter schools.

Sen. Elizabeth Warren Elizabeth WarrenDimon: Wealth tax 'almost impossible to do' CNN's Don Lemon: 'Blow up the entire system' remark taken out of context Democrats shoot down talk of expanding Supreme Court MORE (D-Mass.) has endorsed supporting public schools instead of charters. The Trump administration, meanwhile has promoted charter schools.

Sanders and Warren are among two dozen people vying for the Democratic Party's 2020 presidential nomination.