Trump Honors Black History: Promotes U.S. Prosperity

Today, President Donald J. Trump hosts leaders from the black community at the White House to mark Black History Month and reflect on the Administration's ongoing efforts to expand economic opportunity, strengthen education, and promote justice for every American. Through targeted policies and broad reforms, President Trump has prioritized initiatives that deliver tangible benefits to black families while ensuring prosperity is accessible to every American citizen - fostering a stronger nation united by shared success for all.

Here's what you need to know about President Trump's second term:

• President Trump awarded hundreds of millions of dollars in additional funding to strengthen educational outcomes at Historically Black Colleges and Universities (HBCUs), building on longstanding commitments to enhance access to quality higher education for students nationwide.
• President Trump's historic push to pass the SAVE America Act will safeguard the voices of black Americans - and all Americans - by preventing illegal votes from disenfranchising any citizen.
• Trump Accounts - a new, historic savings tool made possible by President Trump's Working Families Tax Cuts Act - provides newborn black Americans and all children with early exposure to the stock market, helping to bridge generational wealth gaps through compounded growth.
• President Trump's landmark Working Families Tax Cut Act secured No Tax on Tips, No Tax on Overtime, No Tax on Social Security, and a long list of other major tax benefits, delivering relief to millions of eligible black workers and families across the workforce.
• President Trump secured a tax-free $1,776 Warrior Dividend bonus for U.S. service members - including the 350,000 black service members proudly serving our country.
• President Trump is protecting the hard-earned benefits of the 2.4 million black veterans in the U.S. by reducing the backlog of veterans waiting for VA benefits, reforming the VA loan home program to help veterans keep their homes, and eliminating waste, fraud, and abuse in the system.

In his first term, President Trump's policies were equally transformative:

• President Trump relocated the Federal HBCU Initiative back to the White House - ensuring it remained a key priority of his Administration and elevating support for these vital institutions.
• President Trump signed the FUTURE Act into law, securing a historic $255 million in annual funding for HBCUs and increasing funding for Pell Grants to make college more affordable for low-income students from all backgrounds.
• President Trump authorized more than $100 million for scholarships, research, and centers of excellence at HBCU land-grant institutions, fostering innovation and academic excellence.
• President Trump granted full forgiveness of $322 million in hurricane-related disaster relief loans to four HBCUs, allowing them to focus fully on educating their students without the burden of debt.
• President Trump lifted restrictions that barred HBCUs with religious affiliations from accessing federal funding for capital projects, expanding opportunities for faith-based education.
• President Trump's America First agenda drove record-low unemployment for Black Americans, with over 350,000 lifting themselves out of poverty through booming manufacturing and smarter trade policies that benefited workers nationwide.
• President Trump created Opportunity Zones, a game-changing initiative that attracted $75 billion in new private investment into economically distressed communities - creating $11 billion in new wealth for minority neighborhoods and revitalizing areas long overlooked.
• President Trump signed the First Step Act into law, enacting historic criminal justice reforms to make the system fairer, reduce recidivism, and provide second chances for individuals reentering society - impacting families and communities across the country.

As we celebrate Black History Month amid America's 250th anniversary, President Trump remains committed to policies that lift up all Americans and secure the American Dream for generations to come.