NAACP Tries to Put Race Back in Banking

Recently, several federal agencies and advocacy groups have started lobbying the Federal Reserve to allow financial institutions to ask loan applicants about their race. Currently this practice is illegal. Most bankers don't want to ask people about their race and oppose this proposed change. The NAACP Legal Defense and Educational Fund is one the groups pushing strongly for this change. What do you think?

Leave a Reply

Your email address will not be published. Required fields are marked *