Author: NNPA

The truth about the president’s accounts and Black wealth 

Joint Center leaders argue that the president’s new accounts for newborns will widen the racial wealth gap by rewarding families who already have the means to save, while leaving low-wealth Black households behind. They urge Congress to adopt progressive Baby Bonds instead, with larger automatic investments for children from families with the least wealth.
The post The truth about the president’s accounts and Black wealth  appeared first on AFRO American Newspapers.

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February 26,2026

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