WASHINGTON, Dec 2 (Reuters) – U.S. Treasury Secretary Janet Yellen and Vice President Kamala Harris will announce significant new funding to boost lending to minority-owned businesses and low-income communities at a racial equity forum on Dec. 14, a U.S. official said on Thursday.
The administration of President Joe Biden plans to announce a “major milestone” in attempts to create a more equitable economy for Black, Latino, Asian, Native and other communities of color at the 2021 Freedman’s Bank Forum, a Treasury spokesperson said.
