FILE PHOTO: Democratic U.S. presidential candidate and former Vice President Joe Biden speaks during the 11th Democratic candidates debate of the 2020 U.S. presidential campaign, held in CNN’s Washington studios without an audience because of the global coronavirus pandemic, in Washington, U.S., March 15, 2020. REUTERS/Kevin Lamarque/File Photo
(Reuters) – Presumptive Democratic U.S. presidential nominee Joe Biden’s campaign on Monday unveiled a broad policy targeted toward helping reduce racial wealth and health gaps among new policies aimed at reaching black voters.
As part of the wide-ranging plans, the former vice president pledged to open a new Public Credit Reporting Agency that could compete with Equifax Inc, Experian Plc and TransUnion and, according to the campaign, minimize racial disparities in lending.
“Today’s credit reports, which are issued by just three large private