How Policymakers Can Ensure the COVID-19 Pandemic Doesn’t Widen the Racial Wealth Gap
“Over the past half a century, the difference in net worth held by families of color compared with white families has expanded substantially and is likely to grow amid the COVID-19 pandemic. In 1963, white families had a median wealth of about $45,000 more than families of color. By 2019, white families’ median wealth had grown to about $165,000 more than Black families and about $153,000 more than Latinx families.”