President Joe Biden punctuated a campaign speech in Philadelphia with the phrase “a promise made and a promise kept,” when chronicling several actions his administration has taken. But in a few cases, he hasn’t kept the promise or he misleadingly described his accomplishments. Biden said the wealth gap between white and Black Americans is “the lowest it’s been in 20 years,” and he took credit. A 2023 paper from Federal Reserve Board staffers does show that the wealth ratio between white and...