D.C. elites siphoned $57 million—worth $1.5 billion today—from the Freedman’s Savings Bank to enrich themselves and fund the development of the District at the expense of formerly enslaved depositors.

https://therealnews.com/stolen-wealth-black-depositors-funded-nations-capital?utm_source=mastodon

Stolen wealth: how Black depositors funded the nation’s capital

D.C. elites siphoned $57 million—worth $1.5 billion today—from the Freedman’s Savings Bank to enrich themselves and fund the development of the District at the expense of formerly enslaved depositors.

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