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Eric Adams: “There are institutions in our communities, communities of…”

Featuring: Eric Adams, Democratic | Mayor of New York

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Mayor Eric Adams Makes Education- and Affordability-Related Announcement

Published | Video Starts at 04:42

We didn't know about investing in ourselves first to build bank accounts, checking accounts, some of the things these young people are going to have. If you don't manage your finance, you will lose your finance. And There are institutions in our communities, communities of color, they prey on our paychecks. check cash in location, high interest rate vehicles that you purchase. It just starts us off that we never focus on how, how to be financially sound. (04:42–04:49)

CLAIM

Asserts that financial institutions exploit minority communities.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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