“Blacks are found to hold a mere $25 and Latinos just $100 in liquid wealth, compared to $3,000 held by the typical White household,” the report said.

During a press conference on the report on Capitol Hill, Rep. Keith Ellison (D-Minn.) said that the racial gap is not some product of changes in the economy.

“It’s our tax policy, designed to help the rich, It’s also our trade policy, off-shoring our jobs and it’s also the attack on unions,” said Ellison."