Washington, DC – Today, in response to the confirmation of Steve Mnuchin as Secretary of the U.S. Department of the Treasury, NCRC President and CEO John Taylor made the following statement:
“As Treasury Secretary, Mr. Mnuchin will have the opportunity to shape economic policies to promote fair access to financial services for all Americans, including low- and moderate-income communities and communities of color.
“NCRC looks forward to meeting with Secretary Mnuchin to discuss how our system of finance can better serve those working their way up the economic ladder. Secretary Mnuchin can have a widespread impact on average Americans’ ability to access mortgages and other forms of credit. Finally, Secretary Mnuchin will play a great role in protecting consumers from the kind of unscrupulous lending practices that led to the foreclosure crisis and widespread loss of wealth for blue-collar Americans. We look forward to working with him.”
In November of 2016, NCRC released a statement on Steve Mnuchin’s nomination as Treasury Secretary.
NCRC and its grassroots member organizations create opportunities for people to build wealth. We work with community leaders, policymakers and financial institutions to champion fairness in banking, housing and business development.