Facebook co-founder supports giving cash to single moms in public housing with no strings

Facebook co-founder supports giving cash to single moms in public housing with no strings

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The United States as a nation should provide monetary help to groups who have been “disproportionately discriminated against historically,” says former Facebook executive Chris Hughes, who has been working to reduce income inequality.

The Facebook co-founder, a supporter of providing people in need with a basic income supplement, told CNBC’s “Squawk Box” he met Aisha Nyandoro, CEO of the Springboard to Opportunities nonprofit, a few years ago, and he was taken with her mission.“She had a provocative idea: ‘I think we should support single black moms in public housing with cash. No strings attached,’” recalled Hughes, who admits that […]

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