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COVID’s effects worsen America’s racial wealth gap: Blacks own 22 cents for every dollar held by whites Closing gaps would create 1.7 million jobs, add $300-450 billion to the economy

As the global pandemic continues to take lives and infect multiple generations, virtually every dimension of life is challenged. And people with the fewest financial resources before COVID-19 are being challenged more than ever before.  

It is both a challenge and an opportunity for leadership in the Biden Administration, Congress, the Federal Housing Finance Agency, the Department of Housing and Urban Development, along with the private sector address to effect policies and practices that reverse the nation’s still-growing racial wealth gap. Tried and true wealth-building tools like targeted homeownership and expanded small business investments together would bring sustainable and meaningful changes to those who historically have been financially marginalized. 

Former NBA Star Junior Bridgeman Purchases EBONY Magazine

According to the Michigan Chronicle, Bridgeman, who played for the Milwaukee Bucks and Los Angeles Clippers, was once featured on a 2016 Forbes top-paid athletes list. He is the CEO of a Coca-Cola bottling company and part-owner of Coca-Cola Canada Bottling Limited. The former athlete attempted to purchase Sports Illustrated in 2018 but eventually withdrew his bid a year later.