January 25, 2023 WASHINGTON – Today, U.S. Deputy Secretary of the Treasury Wally Adeyemo participated in a roundtable discussion on opportunities to advance economic and racial equity and expand access to capital for underserved Americans alongside senior representatives from the White House, six federal agencies, and over 20 organizations from the private and social sectors. The roundtable focused on federal community investment priorities and opportunities for the private and social sector to align their efforts to amplify the impact of these investments. The roundtable participants highlighted how legislation like the American Rescue Plan Act, Bipartisan Infrastructure Law, CHIPS Act, and Inflation Reduction Act provide the federal government the opportunity to drive capital into communities that have long lacked the resources necessary to create sustainable local economic engines, particularly for underserved and marginalized communities, including communities of color and low-income, rural, and Tribal communities. This includes programs like the Biden-Harris Administration’s historic investments of over $8 billion in CDFIs and MDIs under the Emergency Capital Investment Program, the nearly $10 billion provided to support small businesses under the Small Business Credit Initiative, and many others. The private and philanthropic sectors were represented at the roundtable by members of the Economic […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
