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EXTERNAL RESEARCH CITATIONS LINKS TO STUDIES REFERENCED IN HISTORICAL CONTEXT • Generations of economic deprivation: Since 2000, the U.S. GDP has lost $16 trillion due to discrimination. (Closing the Racial Inequality Gaps: The Economic Cost of Black Inequality in the U.S. Citigroup. 2020.) • Barriers to wealth creation: 26 percent of Latinx families own retirement accounts, the least among American families. (17 Retirement Statistics You Should Know in 2021. MagnifyMoney. LendingTree. 2021) • Impact on wealth transfer: The typical White family has 8x the wealth of a typical Black family. (Disparities in Wealth by Race and Ethnicity in the 2019 Survey of Consumer Finances. Federal Reserve. 2020) • Resilient multicultural businesses: Asian businesses account for the most receipts ($863 billion) among multicultural proprietorships. (Annual Business Survey Release Provides Data on Minority-Owned, Veteran-Owned and Women- Owned Businesses. Census Bureau. 2021) 35 2021 Edelman Money in Color Special Report

Addressing Racism in Americas Financial System. - Page 35 Addressing Racism in Americas Financial System. Page 34 Page 36