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Sen. Brown: Saule Omarova is Eminently Qualified to Lead OCC

Advisor News, November 19, 2021, Sen. Brown: Saule Omarova Is Eminently Qualified To Lead OCC

Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking, Housing and Urban Affairs Committee, said in a statement:

Saule Omarova is one of the most qualified nominees ever for this job. Some Republican Senators have pointed to her Soviet education as indication of her wanting to establish communist rule over banking here in the United States.

The Leadership Conference on Human and Civil Rights, the Center for Responsible Lending, National Urban League, Unidos US, National Fair Housing Alliance, and National Community Reinvestment Coalition – all of these organizations have written a letter demanding a stop to the despicable attacks on Professor Omarova.

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Redlining and Neighborhood Health

Before the pandemic devastated minority communities, banks and government officials starved them of capital.

Lower-income and minority neighborhoods that were intentionally cut off from lending and investment decades ago today suffer not only from reduced wealth and greater poverty, but from lower life expectancy and higher prevalence of chronic diseases that are risk factors for poor outcomes from COVID-19, a new study shows.

The new study, from the National Community Reinvestment Coalition (NCRC) with researchers from the University of Wisconsin–Milwaukee Joseph J. Zilber School of Public Health and the University of Richmond’s Digital Scholarship Lab, compared 1930’s maps of government-sanctioned lending discrimination zones with current census and public health data.

Table of Content

  • Executive Summary
  • Introduction
  • Redlining, the HOLC Maps and Segregation
  • Segregation, Public Health and COVID-19
  • Methods
  • Results
  • Discussion
  • Conclusion and Policy Recommendations
  • Citations
  • Appendix

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