Children’s HealthWatch, a pediatric research and policy network on the frontlines of pediatric care, applauds recent actions from the Biden-Harris Administration. With over 20 years of research investigating the health impact of economic conditions and inequities, we anticipate that these measures will improve the health and well-being of children and their families, in particular among Black, indigenous, people of color (BIPOC), immigrant, and low-income communities. The Administration’s enactment of executive actions that undo harmful policies, promote economic stability, and address racial inequities are critical for responding to the current COVID-19 pandemic and economic crises and advancing health equity.