100 years after the Tulsa race massacre, there’s a new push by financial companies to support Black businesses and address the racial wealth gap. FrankCNBC reports.
Biden campaigned for president on a pledge to address systemic racism and opportunity gaps in all aspects of American life.
Biden focused on expanding equity and access to two key wealth generators for Americans: home ownership and small business ownership. As part of this, he announced: Two new Fair Housing Act rules that reverse efforts by HUD during the Trump administration to weaken protections afforded by the law. Notably absent from Biden's remarks were any concrete actions on two issues at the heart of the debate over how to advance racial equity in the U.S. economy: student loan debt forgiveness and reparations for slavery.
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