Sen. Kamala Harris. Photo: Spencer Platt/Getty Images

Sen. Kamala Harris (D-Calif.) pitched her new 2020 plan to invest $100 billion in black homeownership at Essence Fest in New Orleans on Saturday in an effort to close the racial wealth gap and eliminate racial disparities in U.S. homeownership rates.

The big picture: Harris and other 2020 candidates attended 25th annual Essence Fest to pitch themselves to black female voters, ABC News reports. The event is hosted by Essence Magazine — a monthly publication that caters to black women.


  • The Housing and Urban Development Department would provide grants up to $25,000 to help homebuyers pay for down payments and closing-cost assistance.
  • Harris also plans to increase financial literacy programming for first-time homebuyers.
  • The 2020 hopeful wants to strengthen fair housing enforcement and anti-discrimination lending laws, specifically looking the update the Home Mortgage Disclosure Act to protect against redlining.

Harris' other plans would offer relief to renters who put more than 30% of their income toward rent. Separately, her LIFT tax plan would offer a $500 tax credit to working families that make less than $100,000 annually.

Go deeper: Kamala Harris on the issues, in under 500 words

Go deeper

Transcripts show George Floyd told police "I can't breathe" over 20 times

Photo: Gary Coronado/Los Angeles Times via Getty Images

Newly released transcripts of bodycam footage from the Minneapolis Police Department show that George Floyd told officers he could not breathe more than 20 times in the moments leading up to his death.

Why it matters: Floyd's killing sparked a national wave of Black Lives Matter protests and an ongoing reckoning over systemic racism in the United States. The transcripts "offer one the most thorough and dramatic accounts" before Floyd's death, The New York Times writes.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 6 p.m. ET: 11,921,616 — Total deaths: 546,318 — Total recoveries — 6,506,408Map.
  2. U.S.: Total confirmed cases as of 6 p.m. ET: 3,035,231 — Total deaths: 132,042 — Total recoveries: 936,476 — Total tested: 36,878,106Map.
  3. Public health: Deaths are rising in hotspots — Déjà vu sets in as testing issues rise and PPE dwindles.
  4. Travel: United warns employees it may furlough 45% of U.S. workforce How the pandemic changed mobility habits, by state.
  5. Education: New York City schools will not fully reopen in fallHarvard and MIT sue Trump administration over rule barring foreign students from online classes.
  6. 🎧 Podcast: A misinformation "infodemic" is here.
2 hours ago - Health

Fighting the coronavirus infodemic

Illustration: Sarah Grillo/Axios

An "infodemic" of misinformation and disinformation has helped cripple the response to the novel coronavirus.

Why it matters: High-powered social media accelerates the spread of lies and political polarization that motivates people to believe them. Unless the public health sphere can effectively counter misinformation, not even an effective vaccine may be enough to end the pandemic.