Home Economics & Finance VP Harris, Treasury Dept. announce billions for Black, minority businesses

VP Harris, Treasury Dept. announce billions for Black, minority businesses

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Billions for Black minority businesses

Billions for Black minority businesses. Black-owned businesses are getting a major boost from the fed government.  Vice President Kamala Harris and Treasury Secretary Janet Yellen unveiled a plan to distribute $8.78 billion to help increase lending to Black-owned businesses and access to banking in low-income communities. The funds are coming from the Emergency Capital Investment Program –– an initiative formed this year –– and will be distributed to 186 community-based financial institutions. Click HERE to read more.

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