Experts Wrestle With How to Help Black Americans Build Wealth

Bloomberg, Feb. 24, 2021–Peter Coy
The Federal Reserve reported last year that, according to its Survey of Consumer Finances, the median wealth of Black families in the U.S. was $24,100 in 2019, just 13% of the White family median wealth of $188,200. The huge disparity in wealth—which exceeds the disparity in income—is a problem that many people recognize but few can agree how to fix.