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Photo: Tasos Katopodis/UPI/Bloomberg via Getty Images

President Biden will announce new actions on Tuesday aimed at closing the racial wealth gap as he commemorates the 100th anniversary of the Tulsa Race Massacre.

Driving the news: Biden will unveil the policies during a visit to Tulsa, Oklahoma, where a white mob destroyed America's wealthiest Black neighborhood in 1921 in what is considered to be the single worst episode of racial violence in U.S. history.

  • The president will tour the Greenwood Cultural Center with Housing and Urban Development Secretary Marcia Fudge, White House domestic policy czar Susan Rice, and public engagement director Cedric Richmond.
  • Biden will deliver remarks commemorating the 100th anniversary of the massacre and announcing the new policies at 4:15 p.m. ET.

Details: The initiatives will target homeownership and small business ownership, which the White House called "two key wealth-creators" for communities of color.

  • "Because disparities in wealth compound like an interest rate, the disinvestment in Black families in Tulsa and across the country throughout our history is still felt sharply today," the White House said in a statement.

The Department of Housing and Urban Development will publish two new rules that will "align federal enforcement practice" with the Fair Housing Act, and provide a legal framework for HUD to require public and private entities "to rethink established practices that contribute to or perpetuate inequities."

  • Biden will also direct HUD Secretary Marcia Fudge to lead an interagency effort to address inequities in housing appraisals, using "potential enforcement under fair housing laws, regulatory action, and development of standards and guidance."

The administration said it will increase the share of federal contracts directed to small disadvantaged businesses by 50% by 2026, seeking to lower barriers to entry and allow more "traditionally-underserved entrepreneurs to compete."

  • The White House says the investments will result in an additional $100 billion going to these businesses in 5 years.

Biden will also announce new details on the $10 billion community revitalization fund included in his infrastructure proposal.

  • The fund will target communities "that suffer from the effects of persistent poverty, historic economic disinvestment, and ongoing displacement of longtime residents," the White House said.
  • Another proposal will "support the planning, removal, or retrofitting of existing transportation infrastructure that creates a barrier to community connectivity."

Go deeper:

Go deeper

Black youth more likely to visit hospital for police-related injuries

Trends in the Annual Rate of Legal Intervention Injury Among Youth Aged 0 to 19 Years by Race and Ethnicity and Sex. Screenshot: JAMA Pediatrics

Nearly 16,000 children and adolescents went to the emergency room or hospital due to police encounters between 2005 and 2017, with rates four to seven times higher for Black kids compared to white kids, according to a statewide analysis in California.

Why it matters: While youth are less likely to be injured by policing compared to adults, the analysis published in JAMA Pediatrics shows kids aren't spared the racial disparities seen in law enforcement of adults.

2 hours ago - World

U.S. will give Russians written response to NATO demands, Blinken says

Blinken and Lavrov shake hands in Geneva. Photo: Russian Foreign Ministry / Handout/Anadolu Agency via Getty Images

Secretary of State Antony Blinken confirmed after a meeting with his Russian counterpart on Friday that the U.S. will provide written answers to Russia's security demands next week.

Why it matters: Russia claims to be waiting for "concrete answers" to its demands that NATO rule out further expansion and roll back its presence in eastern Europe before deciding its next steps on Ukraine. But the U.S. and NATO have called those proposals "non-starters," and Friday's meeting offered no breakthroughs, so it's unclear how written answers might change the equation.

More surprises await scientists at Antarctica's "Doomsday Glacier"

Cliffs along the edge of the Thwaites Ice Shelf in West Antarctica. Photo: James Yungel/NASA

Researchers like David Holland, an atmospheric scientist at New York University, are in a race to understand the fate of a massive glacier in West Antarctica that has earned a disquieting nickname: "The Doomsday Glacier."

Why it matters: Studies show the Thwaites Glacier (its official name) could already be on an irreversible course to melt during the next several decades to centuries, freeing up enough inland ice to raise global sea levels by at least several feet.