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Family. in 2016 the median family wealth for white families was $171,000. that's your house, things of value, minus things that you owe. compare that to $20,920 for hispanic families and $17,409 for black families. wealth, as i say, defined as the total market value of all your assets including home ownership, which is a primary driver of wealth in america. according to the census bureau, 73% of white households are homeowners. that number stems at 47% for hispanic and 41% for black households. california senator kamala harris wants to change that by creating a $100 billion government-administ...

And just $17,409 for black families. what do the candidates want to do? new jersey senator cory booker is pushing for so-called baby bonds. his proposal calls for every child born in the united states, to receive a $is,000 savings fund that they can use as an adult. this fund would grow and by added to based on how much a family earns with children who live in poorer households getting a larger contribution. elizabeth warren has put forward several proposals aimed at addressing the racial wealth game, and her plan calls for cancelling up to $50,000 in student loan dead for everybody who makes ...

Tangible policy plans, and that's the racial wealth gap from iowa to south carolina. candidates are repeatedly bringing up the fact on average a black family has one tenth, a tenth of the wealth of an average white family and that divide is growing. bigger than it was just 35 years ago. where this plan win over democratic voters? joined by nbc news political correspondent benji with a headline, racial line is vast. thanks for coming on. >> thanks for having me. >> wealth inequalitity. 2016, $171,000 for white families. black families $17,409. startling. what policies stood out to you the candi...

Everything, all the assets you have. 20,920 for hispanic families. 17,409 for black families. what do families. new jersey senator cory booker is pushing for so called baby bonds. he's proposed giving every child born in the united states a $1,000 savings fund which they can use as an adult as it grows and compounds to pay for education, buying a home, starting a business. the fund would grow based on how much a family earns with the children of poorer households getting a larger contribution. massachusetts senator elizabeth warren has put forward a number of proposals, including her college e...

Is double that of white americans. that's still a huge issue. he talks about his policies. here is what you will not hear him talk about. in 2019, they want to get rid of the minority business development agency which is the only federal agency tasked with increasing competitiveness among minority owned businesses. they want to wipe it out completely. i talk to folk who is doeal wit this. another federal agency that drove resources to black owned wizes. why don't he deal with those issues. the black wealth, average black well is 17,409. average wealth of a white family, $107,000. homeownership...