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WASHINGTON, D.C. -

The National Bankers Association (NBA) applauds efforts made by the Biden Administration to advance racial equity and establish accountability across all federal agencies to support communities of color that have been systematically disconnected from financial opportunities for several generations.“Over the past two years, the Biden-Harris Administration consistently affirmed its commitment to advancing racial equity and support for underserved communities – and as a member of the Department of the Treasury Advisory Committee on Racial Equity, we will continue to make recommendations that address the unique needs of underserved communities that have been directly and indirectly impacted by systemic inequity.

Financial inclusion and access to capital are two pillars of the National Bankers Association’s work to support Minority Depository Institutions as they are key to providing financial support and access to much-needed resources to small disadvantaged businesses and underserved communities,” said Nicole A. Elam, President & CEO of the National Bankers Association and member of the Treasury Advisory Committee on Racial Equity (TACRE).