The US President Donald Trump in a press release by the White House, said that Hispanic Americans are not only living the American Dream, but their incredible efforts are unlocking the American Dream for citizens all across the United States.
According to the statement issued it says that President Donald Trump is taking significant action to ensure Hispanic Americans continue to prosper and achieve the American Dream.
It said President Donald Trump is issuing an Executive Order focused on promoting the success of every member of America’s proud Hispanic community.
It says the Executive Order will establish the White House Hispanic Prosperity Initiative and Interagency Working Group.
It also said the initiative will also establish the President’s Advisory Commission on Hispanic Prosperity.
It explained that the Order will improve access to educational, training, and economic opportunities for Hispanic American students by promoting options to enhance school choice, personalized learning, family engagement, civics education, and pathways to in-demand jobs.
Also it mentions that their action further demonstrates the President’s support of school choice, apprenticeships and work-based learning initiatives, Hispanic Serving Institutions (HSIs), as well as investment in economically distressed communities and small and minority owned businesses.
The statement by the White House claims that history has shown that Hispanic American workers and families thrive under President Trump’s pro-growth policies.
Before the coronavirus pandemic, the Hispanic unemployment rate reached a record low of 3.9% under the leadership of President Trump.
Hispanic unemployment remained under 5% for 23 consecutive months and fell below 5% 27 times during the President’s first term.
In 2018, the poverty rate for Hispanic Americans reached the lowest level on record.
Since 2016, nearly 611,000 Hispanic Americans have been lifted out of poverty.
Under the Administration’s pro-growth policies, median income for Hispanic households reached a historic high, surpassing $50,000 for the first time on record.
The White said the President’s tax cuts are putting more money into the pockets of Hispanic American families and providing new resources for minority-owned businesses.
Under President Trump’s leadership, new jobs and investment are pouring into nearly 9,000 newly-designated Opportunity Zones, home to more than 9 million Hispanic Americans.
In 2018, a net 362,000 Hispanics achieved the dream of homeownership—the largest such gain since 2005.
President Trump is expanding educational opportunity for Hispanic American families through school choice and expanded higher education support.
Nearly one-third of all students in public charter schools and 11% in private schools are Hispanic.
One of Florida’s private school scholarship programs serves more than 100,000 students, nearly 40% of whom are Hispanic.
The President signed legislation that provides $1 billion to Minority Serving Institutions, including HSIs.