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How Do You Catch Up?

How Do You Catch Up?

FromThe Heist


How Do You Catch Up?

FromThe Heist

ratings:
Length:
30 minutes
Released:
Feb 22, 2022
Format:
Podcast episode

Description

ReShonda Young got an up-close look at the wealth gap while working at a small investment firm, just outside her hometown of Waterloo, where she was the first point of contact for clients. She helped clients get ready to talk to an advisor about their investment portfolio and retirement planning. Within the first month, she noticed something about the clients she was meeting: almost all of them were white. These clients had generational wealth that made ReShonda realize that Black families had deeply unequal access to capital. It left ReShonda thinking, “how do Black families catch up?” She started teaching her community how to manage finances but she wanted to do more. ReShonda landed on starting her own bank. Text GAP to 737-727-4321 and dig into this episode with photos, video, graphics and more right to your phone. 
Released:
Feb 22, 2022
Format:
Podcast episode

Titles in the series (18)

In Donald Trump’s America, wealthy people and large corporations have won big. The Trump Administration promised the Tax Cuts and Jobs Act of 2017 would pay for itself and boost the middle class. But in truth, the tax cuts funnelled hundreds of millions into the pockets of the rich and ballooned the national debt. Then, something similar happened again with the 2020 pandemic bailout. Promises made, promises broken. The Heist is the story of a huge political swindle, how it happened, and how power works in a Donald Trump presidency. Reporters spent months behind the scenes: we get to know a big Republican donor, a senator who caves to political pressure, and the enigmatic Secretary of the Treasury, Steven Mnuchin, who led the charge for these laws.