U.S. Department of the Treasury Releases Fact Sheet Detailing Investments in the Latino Community

WASHINGTON – Today, in recognition of Hispanic Heritage Month, the U.S. Department of the Treasury (Treasury) released a fact sheet detailing the critical contributions of Latinos to the U.S. economy and benefits of the Administration’s economic agenda for Latino families, small businesses, and communities.When President Biden and Vice President Harris came into office at the height of the COVID-19 pandemic, the health and economic crisis for Latino and other underserved communities was exacerbated by a lack of investment. Long-standing underinvestment limited economic opportunities and contributed to disparities, including lower home ownership rates. Over the past four years, Treasury’s work to deliver a broad-based economic recovery has delivered results for the Latino community and expanded opportunities for all Americans to fully participate and compete in the 21stcentury economy.Currently, Latinos make up approximately 20% of the total U.S.