Reveal: Sen. Warren’s new bill is designed to combat modern-day redlining
U.S. Sen. Elizabeth Warren on Wednesday unveiled a bill that one racial justice advocate said would be the first law since 1968 “to redress a century of housing discrimination.”
The Massachusetts Democrat, who helped create the Consumer Financial Protection Bureau, has railed against modern-day redlining since a February expose by Reveal from The Center for Investigative Reporting. Reveal found 61 cities where people of color were more likely to be denied a home mortgage than their white counterparts, even when they had the same income, sought the same size loan or wanted to buy in the same neighborhood.
By: Aaron Glantz and Emmanuel Martinez
Source: Reveal News
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