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Fair housing laws and protections against discriminatory lending are essential, especially after the 2008 financial crisis, but Congress just passed a Wall Street-backed bill to allow discrimination against low-income and minority Americans to persist.
Civil rights, fair housing, consumer, and community organizations in Hawai‘i and across the country opposed the Home Mortgage Disclosure Adjustment Act. Congress set up working families to once again take the fall for irresponsible lenders and "too big to fail" banks.
Hawai‘i has the highest per-capita rate of homelessness in the country. We must address the soaring cost of living and extreme shortages of truly affordable housing in our state and across America.
Expecting Democrats to stand up to Wall Street is like expecting Cory Booker to stand up to Big Pharma.
Obama and Kamala Harris could have prosecuted the criminal bankers in Trump’s cabinet, but they refused. Now they’re making these bills. That’s your corrupt party in action.
What is "discimination against low-income and minority" in lending? That phrasing makes me think of the Clinton CRA, where banks were forced to make loans to people who had no income to pay them off.
I've gotten so jaded with the Dems, my first reaction to news like this is to wonder how many Dems voted for it, and how many only voted against it because they knew it would pass without their vote.
Every time. It's such an exhausting way to live. I hate it
Why are you a member of the Goldman Sachs, banks-are-too-big-to-fail party? #DemExit
1st of all, discrimination based on race is unconstitutional on its face so I doubt that’s the language or the intent of the bill. Second, are you suggesting the banks just hand out loans to people who can’t afford the loan, minority or not? That’s exactly what the problem was.
#RealDemocrats™ wear marx brothers suits on @colbertlateshow to shine for us stupid common ppl who can't see through this. We need leadership. We have none. #RealDemocrats™ follow and react. No vision, just contempt for the people.
Endowed citizens able to pay your own@mortgage or rent under the Anonymized supervision of trust officer (formerly loan officer), trust committee (part of Attention duty), & a.i. Assisted oversight.
So nothing has really changed.
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