October 22, 2021
WASHINGTON (Reuters) – The U.S. Department of Justice has launched a new initiative to combat discriminatory lending practices, Attorney General Merrick Garland said on Friday.
“Unfortunately, ‘redlining’ remains a persistent form of discrimination that harms minority communities,” Garland told a news conference.
Through the initiative, authorities “will mobilize resources focused on making fair access to credit,” he said. “It will seek to address fair lending concerns on a broader geographic scale than the Justice Department has ever done before.”
(Reporting by Pete Schroeder, writing by Chris Gallagher)
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