Biden unveils measures to ‘narrow racial wealth gap’

The steps aim to stop housing discrimination and support minority-owned businesses on the anniversary of the Tulsa massacre.

The administration of United States President Joe Biden announced a series of steps that aim to “help narrow the racial wealth gap and reinvest in communities that have been left behind by failed policies”. The White House announced the measures, which aim to crack down on housing discrimination and support minority-owned businesses, on the centennial of the Tulsa, Oklahoma race massacre of 1921, in which a white mob killed as many as 300 Black people in the Greenwood neighbourhood, which was known as the “Black Wall Street”. “The destruction wrought on the Greenwood neighbourhood and its families was followed by laws and policies that made recovery nearly impossible,” the White House said in a statement on Tuesday.