Companies Have Promised $35 Billion Toward Racial Equity. Where Is the Money Going?

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Big businesses made commitments of $35 billion toward racial-equity efforts in the past six months. The challenge: tracking where the dollars go and what changes the pledges will bring.

over the next five years into such efforts as financing affordable housing and opening branches in neighborhoods where financial services are scarce.

Major banks are behind some of the other biggest pledges, including $1 billion from Bank of America Corp. and $1.15 billion by Citigroup Inc. toElsewhere, Walmart Inc. has pledged to found a center for racial equity, through which it will donate $100 million to nonprofit groups over five years. Alphabet Inc.

 

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First you define race and then you want to make everybody equal by race 🤷‍♂️

I am opposed to these 'racial-equity' measures.

Money isn't going to fix these people.

Natural Equality is the way to go. The, we are all American, Trump movement is basically free. Everyone on the ladder moving up, an excellent economy. Those who look ahead to dark winters are slowing the program. tt:berthacoombs lizpeek maggieNYT SaraCarterDC ckchumley

$35B simply could give every black American adult around $1,600 Why dont we just do that? Looked up all the available homes in Flint on Zillow About 75M would buy every house available, do some REVERSE imminent domain & gift it to the citizens Still leaves 99.9675% of the $$

The moneys gone! It went to elect Biden...

1) I still have not read of any prima facie evidence of a racial crime. ...Only 'mob rule' 2) def of .'brutal' -- savagely vicious, ferocious, barbaric NO. A better word is 'callous'

And what, exactly, is meant by racial equity? Does it replace EEOC, etc.?

Human 1st, American 2nd !!! Stop Racemongering! Stop Divide!

A boondoggle? Noooooo. Shocked. SHOCKED!

If the has been 'racial inequality' within these big businesses why have there been no DOJ lawsuits?

Its for clout, its never out of the kindness of their hearts

What on earth does that even mean? Wasn't affirmative action and EEOC enough? What they really want IS racism, that excludes white straight males

So damn sick! Made up inequality!

Boycott Walmart BoycottWalmart

BS alert!

Don’t we do this song and dance every fifty years or so? We pledge to do better .........

Better off setting fire to that money. Would be a more productive use.

Scam...

Lol How about a 50 valuations reduction an you keep you gender quota's

No need to track. It is in the sewer system

Appease the woke crowd by talking racial equity, while ignoring economic equality. Tokenism is not the answer, opening up opportunities by eliminating monopolies is. America BidenHarris2020 Biden stockmarketnews stockmarketcrash

I would sell all shares of any company that wasted money like this.

I'm still waiting for something to trickle down to small Black businesses owned by women, like me...

It doesn't matter where the money went. GOP and Democrats will keep cutting fat welfare checks to big business while doing everything they can to destroy small business and the self-employed.

good luck

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