I've posted on here part of his "minority outreach to save inner cities" includes promoting community banking. His Treasury, Commerce and HHS Secretaries are "all in", while the Left is "all out" opposed.
http://www.usatoday.com/story/money...why-america-needs-black-owned-banks/97892444/
pull quote from article:
"African-Americans as a group are underserved by financial services. More than 53% of blacks are either unbanked or underbanked, meaning they supplement their bank account with alternatives such as check cashers. That’s nearly double the percentage of the population as a whole, according to the FDIC"
http://www.usatoday.com/story/money...why-america-needs-black-owned-banks/97892444/
pull quote from article:
"African-Americans as a group are underserved by financial services. More than 53% of blacks are either unbanked or underbanked, meaning they supplement their bank account with alternatives such as check cashers. That’s nearly double the percentage of the population as a whole, according to the FDIC"