Justice Department Announces Fair Lending Initiative

Justice Department Announces Fair Lending Initiative

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Interactive Video

Business

University

Hard

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The video discusses a new initiative to ensure fair access to credit, targeting the discriminatory practice of redlining, which historically denied loans to minority communities. Attorney General Merrick Garland announced efforts to address modern-day redlining through partnerships with banks and regulators. These efforts have already led to significant outcomes, such as a settlement with Trustmark National Bank for avoiding loans in minority neighborhoods.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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