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JPMorgan Chase Funding $30B To Fix "Systemic Racism" In Banking
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The New York Bank is committing $30 billion over five years to address systemic racism in the economic system. This includes loans for black and Latino homebuyers and small business owners, financing for affordable housing, and programs to provide low-cost banking services in minority neighborhoods. The CEO emphasizes the need to dismantle systems that perpetuate racism and inequality.
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