The wealthiest 10 percent of Americans now own 89 percent of all stocks held by households in the U.S., further cushioning wealth inequality. Amid the COVID-19 pandemic, many Americans were forced out of their homes, unable to work and surviving the best way they knew how. While on the other end …
Read More »Senators Introduce $40 Billion Legislation To Expand Broadband Access
Three Senators introduced bipartisan legislation on Tuesday that would spend $40 billion to make broadband internet more affordable and accessible. The Broadband Reform and Investment to Drive Growth in the Economy Act is one of the largest proposals aimed at addressing the digital divide. The bill would require that broadband providers …
Read More »HUD Secretary To Reinstate Fair Housing Regulations
Marcia L. Fudge, Housing Secretary, is in the process of reinstating fair housing regulations that were undone by former President Donald Trump. The rules are a direct response to systemic racism and housing discrimination. “So much of wealth inequality has its basis in housing discrimination and the country’s failure to …
Read More »Evanston, Illinois Is Offering Black Residents Reparations
Evanston, Illinois is paying reparations to Black residents for harm caused by the city’s discriminatory housing policies and practices. It is the first time that a city in the United States has established a reparations program. “The program is a step towards revitalizing, preserving, and stabilizing Black/African-American owner-occupied homes in …
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