Vice President Kamala Harris called for an intentional restructuring of the country’s economic systems on Tuesday, suggesting existing systems were inherently racist.
Harris appeared at a forum hosted by Treasury Secretary Janet Yellen to discuss proactive ways to increase access to financial systems and capital for racial minorities.
The vice president shifted the conversation to a more radical approach, pointing out fundamental racial flaws with the existing financial system.
“Some of these designs were just designed not to benefit the people that we’re talking about,” she said, before pausing. “Or the better way to say this, it was designed to benefit other people,” she added with a laugh.
Harris said the existing financial system was structured to serve people who already had access to information and capital.