A curated collection of links to news, analysis, trends, ideas and views from elsewhere.
A newly revealed suggestion to revamp a basic concept in the Community Reinvestment Act could undermine long-standing attempts to minimize redlining and improve needed investment in minority and low-income communities.
The cruelty of this administration’s cuts isn’t a bug, it’s a feature.
The New York Times: Trump’s war on the poor Read More »
The racist lending policy continues to affect consumers to this day
MarketWatch: How ‘redlining’ still hurts home values Read More »
This proposal is part of a comprehensive effort by the Trump administration and Republicans in Congress to restrict access to the safety net and reduce the levels of assistance for those who do qualify.
The idea would provide a low-cost alternative to payday loans — and it might just save the Postal Service, too.
HuffPost: Kristen Gillibrand unveils a public option for banking Read More »
The National Memorial for Peace and Justice, opening Thursday in Montgomery, Ala., is dedicated to victims of white supremacy.
The field widely agrees that race is a social construct, but gets into trouble when it ignores semantics.
The Atlantic: What happens when geneticists talk sloppily about race Read More »
Home values in the vast majority of neighborhoods that were “redlined” as hazardous for mortgage lending by the federal government 80 years ago are lower now than in areas rated more highly.
Zillow: Home values remain low in vast majority of formerly redlined neighborhoods Read More »
A new study finds that Obama voters who went Trump were motivated not by economic anxiety, but by a fear of losing power.
Slate: Status whoa Read More »
The Democratic Senator said officials are rolling back anti-discrimination protections for people of color in the face of modern-day redlining.
Reveal: Warren writes to regulators on ‘disturbing pattern’ of fair housing changes Read More »
Is there a way to close the vast racial startup gap?
CityLab: Why entrepreneurs of color are struggling Read More »
The personal payment platform Zelle is flourishing. But so are fraudsters, who are exploiting weaknesses in the banks’ security.
The New York Times: Zelle, the banks’ answer to Venmo, proves vulnerable to fraud Read More »
Peter Thiel’s data-mining company is using War on Terror tools to track American citizens. The scary thing? Palantir is desperate for new customers.
Bloomberg: Palantir knows everything about you Read More »
At this point it’s hard to imagine what more Wells Fargo can do (or how much more it can spend) to make amends.
New York Times: Punishing Wells Fargo: Just dessert, or beating a dead horse? Read More »
Many of Treasury’s recommendations for modernizing the Community Reinvestment Act would help financial institutions, not low-income communities.
American Banker: The ‘C’ in CRA should still mean something Read More »
