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Treasury Department names first counselor for racial equity | News – Tucson, Arizona

Tucson, Arizona 2021-10-25 21:27:00 –

New York (AP) — The Treasury has hired a former JP Morgan Chase executive to lead a new government program aimed at combating racial inequality issues in the banking and other financial services industries.

Treasury Secretary Janet Yellen said Monday that Janet Yellen would be the first counselor in the racist sector. This is part of the Biden administration’s multifaceted strategy to address systematic racism found in many parts of the economy.

Banking and finance are issues of racial inequity, from the lack of representatives of blacks and other minorities in top-level businesses to the ongoing problem of gaining equal access to services for non-white borrowers. I have been holding for a long time.

Treasury Department names first counselor for racial equity | News Source link Treasury Department names first counselor for racial equity | News

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