🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

Senator Elizabeth Warren backs reparations for black Americans

Published 02/21/2019, 05:28 PM
Updated 02/21/2019, 05:30 PM
© Reuters. U.S. Senator Elizabeth Warren speaks at a rally to launch her campaign for the 2020 Democratic presidential nomination in Lawrence

By Ginger Gibson

WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren, who is running for the Democratic presidential nomination, supports the federal government issuing reparations to black Americans who were economically affected by slavery, she said on Thursday.

"We must confront the dark history of slavery and government-sanctioned discrimination in this country that has had many consequences including undermining the ability of Black families to build wealth in America for generations," Warren, who is white, said in a statement to Reuters.

She pointed to a bill she has introduced in Congress that would provide help to minorities in making a down payment on a home.

"Black families have had a much steeper hill to climb - and we need systemic, structural changes to address that," she said in the statement.

Warren first made similar comments on Thursday to the New York Times.

She is competing in a crowded field of Democrats hoping to be their party's pick to challenge Republican President Donald Trump in the November 2020 election.

U.S. Senator Kamala Harris also recently said she would support some form of reparations.

Previous Democratic Party leaders have declined to support reparations for African-Americans, including former President Barack Obama and Hillary Clinton.

Issuing reparations to all living people who are descendents of slaves or who have suffered from the ills of racial discrimination targeted at black people has been estimated to cost trillions of dollars.

The United States waged a civil war from 1861 to 1865 over legal slavery. The practice was abolished in most states in 1863 and completely at the end of the war and with the ratification of the Thirteenth Amendment to the U.S. Constitution in 1865.

The U.S. federal government has never approved reparations.

© Reuters. U.S. Senator Elizabeth Warren speaks at a rally to launch her campaign for the 2020 Democratic presidential nomination in Lawrence

A 2016 poll by Marist College commissioned by WGBH radio station in Boston found that 68 percent of Americans do not think reparations should be paid to the descendents of slaves, compared with 26 percent who said they should. Among African-Americans, 58 percent support paying reparations and 35 percent oppose them.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.