Black Americans Won’t Stop Being Poorer Unless Banks Stop Discriminating

‘The American Civil Liberties Union (ACLU) issued a report this month that reveals stark disparities in the amount of wealth American households recovered after the 2007-2009 recession, with white-owned homes and assets recovering more fully than black-owned ones.

These findings, including that pre-recession predatory lending that disproportionately targeted minorities continues to hurt black households more, comes as the US supreme court decided Thursday that certain housing practices that harm minorities are illegal under the Fair Housing Act.’

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