These voters may be turning away from the incumbent president, recent polling shows.
In a recent New York Times/Siena Poll, 22 percent of Black voters in six key battleground states said they would choose former President Trump over Biden in next year’s presidential election.
While Biden still comes out ahead in that poll, it shows Republicans making big gains from previous election cycles.
Trump won only 12 percent of the vote from Black Americans in 2020 and just 8 percent in 2016, according to exit polling data from CNN and CBS News.
The Times/Siena poll found 42 percent of Hispanic voters in swing states are leaning toward Trump compared to 50 percent leaning toward Biden. In 2020, 65 percent of Hispanic voters went for Biden and 32 percent for Trump, according to the Roper Center.
Fifty-one percent of voters from other nonwhite racial backgrounds now favor Trump, the Times/Siena poll found. Just 39 percent favor Biden.
Even as efforts to fund businesses and entrepreneurs in communities of color are gaining momentum, some voters are wondering if they can close that wealth gap.
During a panel of wealthy business people led by Rep. Maxine Waters (D-Calif.) at the Congressional Black Caucus legislative forum in Washington in September, former U.S. Senate candidate and nonprofit executive Brandaun Dean asked whether the very concept of Black capitalism was a myth.
“Do you believe that Black wealth has a sympathetic effect in Black communities, Black networks and in Black spaces? And is Black capitalism as much a myth as it would seem to be to those who have inherited their power?” he said.
In October, the Biden administration announced a $3 billion commitment from a group of companies and philanthropies for money lending institutions “working to make historic investments in underserved communities.”
The Hill’s Tobias Burns has more here.
