RELEASE: CAP Announces Formation of the National Advisory Council on Eliminating the Black-White Wealth Gap

Washington, D.C. — For 400 years, structural racism embedded in federal, state, and local policies has produced and maintained a stark wealth gap between Black and white Americans. Today, the typical white household holds 10 times more wealth than the typical Black household. This disparity persists even after controlling for protective factors such as education, income, or homeownership....