Category Archives: City Life

Banking Black. Can divesting from America’s big financial institutions help fix racial inequality?

Musa Sega, a street vendor in Harlem, is one of many black people in the country who, frustrated by a string of police shootings and the tenor of politics nationally, pulled his money from a global bank chain and opened an account at a black-operated bank, one of just 22 such institutions in the country. “I gotta go black,” Sega said. “We gotta support our community. We gotta support our people.” (The New Republic)