[The stream is slated to start at 3:15 p.m. ET. Please refresh the page if you do not see a player above at that time.]
Former Vice President Joe Biden is slated to unveil an economic equity plan Tuesday that seeks to address racial inequality in the United States.
The initiative is the fourth pillar in a broad economic agenda presented in recent weeks by Biden, the alleged Democratic candidate. Earlier this month, Biden unveiled his “Build Back Better” plan aimed at fighting the financial distress caused by the coronavirus pandemic.
The launch comes two months after the police murder of George Floyd, who died in Minneapolis on Memorial Day when a now-former officer knelt on his neck for more than eight minutes. Protesters have been protesting Floyd’s death and racial injustice ever since.
The economic equity plan includes a $ 30 billion fund for small businesses in minority communities, among other proposals.
Other parts of Biden’s “Build Back Better” plan call for increased funding for struggling child care centers and expansion of care services. Biden announced last week that state, local, and tribal governments would receive emergency funds to maintain these centers and support homecare workers as the pandemic continues.
The coronavirus outbreak has spread worldwide, with more than 16.4 million confirmed cases and more than 654,300 deaths, according to data from Johns Hopkins University. The United States has had more than 4.2 million cases and at least 148,000 deaths, according to the latest accounts, more than any other country.
Subscribe to CNBC on YouTube.
