A green light for banks to start redlining

Source: Jesse Van Tol, New York Times (Paid Registration)

Discrimination, in the past and continuing today, is at the core of the wealth gap between white people and people of color. We can’t allow banks to cherry-pick where they lend. 

Nevertheless, the Trump administration is proposing changes promoted as ways to simplify a law governing community reinvestment that will, in fact, be a huge step backward.

Read Full Article: A green light for banks to start redlining

 

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