Elizabeth Warren On Banking’s Racist Past
Senator Warren Delivers Fifth Speech in Series Against Senate Bank Deregulation Bill
United States Senator Elizabeth Warren (D-Mass.) continues speaking out against the Senate’s efforts to enact the Bank Lobbyist Act. In a speech delivered on the Senate floor, Senator Warren outlined how the legislation exempts 85 percent of banks from reporting data under the Home Mortgage Disclosure Act (HMDA), making it easier for banks to discriminate against women and people of color.