Ethnicity did not correlate with a significant difference in trust, which surprised Walsh, who noted overall trust in financial institutions has been falling.
“The only truly surprising thing about the financial strain we are putting on youth, women and communities of color is how resilient they are and how entrepreneurial they remain,” Nathalie Molina Niño, co-founder and chief strategy officer at the financial services platform Known, told The Hill.
Despite the persistent divide, women’s economic situations have steadily improved from where they were at the start of the pandemic.